Great Eastern Shipping Company sees 5.5% stock increase, identified as potential turnaround by MarketsMOJO
Great Eastern Shipping Company, a midcap shipping company, saw a 5.5% increase in its stock on October 8, 2024. It has been identified as a potential turnaround stock by MarketsMojo and has outperformed its sector by 0.92% today. The stock's moving averages are currently higher than its 5-day, 20-day, 100-day, and 200-day moving averages, and it has gained 4.2% in the shipping sector.
Great Eastern Shipping Company, a midcap shipping company, saw a 5.5% increase in its stock on October 8, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading stock market analysis platform. It has also been identified as part of the Hidden Turnaround on MarketsMOJO since May 10, 2024.
In terms of price performance, Great Eastern Shipping Company has outperformed its sector by 0.92% today. The stock has also shown a trend reversal, gaining after two consecutive days of fall. However, it opened with a loss of -4.39% today and touched an intraday high of Rs 1262.7 (4.98%) and an intraday low of Rs 1150 (-4.39%).
The stock's moving averages are currently higher than its 5-day, 20-day, 100-day, and 200-day moving averages, but lower than its 50-day moving average. In the shipping sector, Great Eastern Shipping Company has gained by 4.2%.
In comparison to the Sensex performance, Great Eastern Shipping Company has shown a 1-day performance of 5.50% while the Sensex has only gained 0.43%. Over the past month, the stock's performance has been -1.82% while the Sensex has gained 0.26%.
Overall, Great Eastern Shipping Company has shown a strong performance in the shipping sector and has been identified as a potential turnaround stock by MarketsMOJO. Investors may want to keep an eye on this midcap company as it continues to show promising growth.
{{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
Most Read
