The Great Eastern Shipping Company: Extinguishment of 19,89,553 equity shares bought back through open market route in the month of October 2026
The Great Eastern Shipping Company (GESHIP) filed a disclosure titled "Extinguishment of 19,89,553 equity shares bought back through open market route in the month of October 2026". The company is valued at about ₹21,936 crore.
What happened
The Great Eastern Shipping Company (GESHIP) filed a disclosure with the exchanges on 4 November 2026 at 04:23 PM titled "Extinguishment of 19,89,553 equity shares bought back through open market route in the month of October 2026".
Company snapshot
The Great Eastern Shipping Company is a small-cap company in the Services sector, with a market value of about ₹21,936 crore.
The stock last traded at ₹1,536.5, against a 52-week range of ₹1,035.1–₹1,798 (14.5% below the high).
Before this filing the shares had moved +0.4% over the month and +9.4% over three months. Average daily turnover over the last 20 sessions was about ₹107 crore.
Promoters held 30.07% at the end of Q1 FY27. Foreign institutions owned 31.03% and domestic institutions 12.81%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,201 | 504.5 | 35.34 |
| Q2 FY26 | 1,242 | 581.4 | 40.72 |
| Q3 FY26 | 1,454 | 812.5 | 56.91 |
| Q4 FY26 | 1,511 | 1,044.1 | 73.13 |
| Q1 FY27 | 2,005 | 1,308.8 | 91.68 |
What history shows
BCEIE's records show 12 or more previous buyback filings from the company since May 2026.
After those filings, the stock gained 0.8% on average the next trading day and was up 4.2% on average after five days (10 filings with price data).
Across 5 similar disclosures by other Services companies, shares moved −0.2% on average the next day and −1.5% over five days; 20% of them rose the next day.
Market-wide, 349 buyback filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 56% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Oct 2026 | We enclose herewith the daily report for October 30, 2026 | −3.3% | — |
| 29 Oct 2026 | We enclose herewith the daily report for October 29, 2026 | −1.1% | — |
| 27 Oct 2026 | We enclose herewith the daily report for the equity shares bought… | +4.4% | — |
| 26 Oct 2026 | We enclose herewith the daily report for the equity shares bought… | +1.8% | +0.6% |
What to watch
- 6 November 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- Great Eastern Shipping buys 200 shares on Nov 3; total hits 38.48 lakh
- Great Eastern Shipping Contracts Purchase Of ~82,000 CBM Secondhand Very Large Gas Carrier
- Great Eastern continues secondhand spending with LPG carrier deal
- Great Eastern Shipping contracts purchase of secondhand VLGC for fleet expansion
- Wealth Creation Stocks 2026: Great Eastern Shipping, Sarda Energy
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.