India's Great Eastern Shipping gains after quarterly profit more than doubles

The Great Eastern Shipping

04/08/2026 05:25

** Shares of India's Great Eastern Shipping Company GESC.NS rise as much as 14.3% to 1598.90 rupees, their highest level since May 27, 2026; last up 4.3%
** Stock on track for their biggest intraday percentage gain since May 18, 2026
** Maritime transport and oilfield services provider reports June-quarter consol net profit more than doubles to 13.09 billion rupees ($137.39 million) from 5.05 billion a year earlier
** Revenue from operations up 66.8% Y/Y in the quarter
** More than 3.1 million shares change hands, about 6.5x the 30-day average volume - LSEG compiled data
** Stock up 29.2% YTD

($1 = 95.2750 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))