The Great Eastern Shipping Company has contracted to buy a secondhand VLGC
The Great Eastern Shipping Company (GESHIP) said it has contracted to buy a secondhand VLGC. The company is valued at about ₹21,367 crore.
What happened
The Great Eastern Shipping Company (GESHIP) told the exchanges on 23 October 2026 at 09:13 PM that it has contracted to buy a secondhand VLGC.
Company snapshot
The Great Eastern Shipping Company is a small-cap company in the Services sector, with a market value of about ₹21,367 crore.
The stock last traded at ₹1,496.6, against a 52-week range of ₹1,002.6–₹1,798 (16.8% below the high).
Before this filing the shares had moved +3.9% over the month and +5.6% over three months. Average daily turnover over the last 20 sessions was about ₹131 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
This is not the company's first similar disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 150 similar filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
Market reaction so far
Since the filing, the stock has fallen 1.4%, from ₹1,518.6 before the disclosure to ₹1,496.6 (live price).
In the news
Recent coverage elsewhere (links open the original publisher):
- Great Eastern Shipping buys 1.8 lakh shares at ₹1,522 on Oct 22
- Tech Query: APL Apollo Tubes, Castrol India, Great Eastern Shipping Company (G E Shipping), Agarwal Industrial Corporation - What is the outlook? Where are these stocks headed?
- Great Eastern Shipping Acquires VLGC to Expand Fleet Capacity
- Great Eastern Shipping Contracts Purchase Of ~82,000 CBM Secondhand Very Large Gas Carrier
- Great Eastern Shipping buys secondhand VLGC for fleet expansion
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.