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The Great Eastern Shipping Company Limited is currently in a long term uptrend where the price is trading 25.4% above its 200 day moving average.
From a valuation standpoint, the stock is 85.6% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.2.
The Great Eastern Shipping Company Limited's total revenue sank by 30.1% to $8B since the same quarter in the previous year.
Its net income has dropped by 46.7% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 83.2% to $11B since the same quarter in the previous year.
Based on the above factors, The Great Eastern Shipping Company Limited gets an overall score of 3/5.
Sector | Industrials |
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ISIN | INE017A01032 |
Industry | Marine Shipping |
CurrencyCode | INR |
Exchange | NSE |
PE Ratio | 5.75 |
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Target Price | 403 |
Market Cap | 93B |
Dividend Yield | 3.9% |
Beta | 0.65 |
The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore oilfield businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities through dry bulk carriers and tankers. As of March 31, 2022, it operated a fleet of 45 vessels comprising 31 tankers, including 8 crude carriers, 18 product tankers, and 5 LPG carriers; and 14 dry bulk carriers with an aggregating 3.57 million dwt. The company also offers offshore oilfield services, which include the ownership and/or operation of offshore supply vessels and mobile offshore drilling rigs. It serves various industries, oil companies, and governments. The company was incorporated in 1948 and is headquartered in Mumbai, India.
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