India's Great Eastern Shipping Company rises on buyback plan

The Great Eastern Shipping

23/12/2021 04:59

** Shares of shipping services provider Great Eastern
Shipping Company Ltd  GESC.NS  rise as much as 9.26% to 299.70
rupees, their highest in a week
    ** Co says it will consider a proposal for share buyback on
Dec. 27
    ** Stock on track for its best session since Aug. 30
    ** About 1.5 mln shares change hands by 0440 GMT, vs 30-day
avg of 154,692 shares
    ** As of last close, stock up 4.2% this year, vs a 21.3%
rise in the benchmark NSE Nifty 50 index  .NSEI  


 (Reporting by Chandini Monnappa in Bengaluru)
 ((Chandini.M@thomsonreuters.com; 910867497919;))