Great Eastern Shipping Company Hits 52-Week Low Amid Broader Sector Decline
Great Eastern Shipping Company has reached a new 52-week low, continuing a downward trend with a notable decline over the past three days. The stock is trading below multiple moving averages, reflecting a bearish outlook, while the broader shipping sector also faces challenges. The company offers a high dividend yield.
Great Eastern Shipping Company has experienced significant activity today, reaching a new 52-week low of Rs. 881. The stock has been on a downward trend, underperforming its sector by 0.95% and marking a consecutive decline over the past three days, resulting in an overall drop of 8.36% during this period. Despite opening with a 2% gain, the stock's performance fluctuated, hitting an intraday high of Rs. 928.65 before falling to its day's low of Rs. 881, which reflects a decrease of 3.23%. Notably, Great Eastern Shipping Company is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
In the broader shipping sector, the company is not alone in its struggles, as the industry has seen a decline of 2.38%. Additionally, the stock offers a high dividend yield of 3.66% at its current price. Over the past year, Great Eastern Shipping Company has recorded a performance decline of 11.77%, contrasting sharply with the Sensex's gain of 7.28%.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
