The Great Eastern Shipping Company has announced a share buyback programme worth ₹900 crore.
The company posted strong first-quarter results as profit jumped twofold and revenue surged nearly 70 per cent compared to the year-ago period.
Thus far in calendar year 2026, GESCO (up 59 per cent), and Shipping Corporation of India and Seamech (up 51 per cent each) have outperformed the market as against 11.2 per cent decline in BSE Sensex
GE Shipping company's board has declared the fourth interim dividend for FY2025-26 of ₹11.70 per share to the equity shareholders of the company
The board of GE Shipping has declared 4th interim dividend for FY 2025-26 of ₹11.70 per share to the equity shareholders of the company. The company has set May 20 as the record date.
The buying on the counter came after the company contracted to sell its 2007-built medium-range tanker, Jag Prakash of about 47,848 dwt, to an unaffiliated third party