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GREAT OFFSHORE EARNINGS
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
Growth will favour smallcaps & midcaps more than largecaps: Nilesh Shah“We are seeing interest from institutional as well as retail investors in the offshore market including non-resident Indians,”says the MD o...
Shipping stocks riding high, but experts feel it's not time to book profits just yetThe Baltic dry index is at a multi-year high but experts said that for shipping stks to generate good returns, it would have to move up to ...
BNY Mellon drags GOL Offshore to court for debt defaultBNY Mellon filed winding-up petition against GOL Offshore after the latter failed to pay up $42 million dues.
- Great Offshore's net profit falls 27% at Rs 74.34 crore
Great Offshore's net profit in the financial year 2011-12 fell by 27% to Rs 74.34 crore as against Rs 101.7 crore in the year ago period.
- Increased focus on offshore biz saves the day for Great Eastern Shipping
Going forward, the freight rates are unlikely to improve as oversupply situation is unlikely to correct at least till 2013.
RIL needs to boost its income streamReliance Industries Ltd (RIL), India’s largest company , will become debt-free in a year, a positive fallout from selling stake in its oil ...
- Alok Industries could an outperformer in small-cap space: Abhijit Chakraborty, Fortune Financial Services India Ltd
Alok Industries is going to see a change in its profile of earnings and ROEs.
- Great Offshore Q2 net profit down 10% at Rs 28 cr
Leading offshore oilfield services provider Great Offshore on Wednesday reported an about 10.51 per cent decline in standalone net profit.
- Aban Offshore: Insurance cover a relief, but EPS may take a hit
The Aban Offshore scrip crashed 19% on Friday after news broke out that its drillship, Aban Pearl, had sunk in Venezuelan waters.
- Short covering may take the market higher: JV Capital Services
We maintain stock specific moves on a day to day basis says Ashit Suri, Fundamental Research Analyst, JV Capital Services.
- Bharati stock rises 17 pc after ABG pulls out of Great Offshore takeover race
The Bharati Shipyard stock rose 17% as the country’s second-largest private shipmaker moved closer to the acquisition of Great Offshore.
- Great Offshore board tilted in favour of Bharati, ABG
ABG Shipyard, which is engaged in a takeover battle to acquire Great Offshore, has allged that the board of the target company is tilted in...
- CITIGROUP puts 'buy' on Great Offshore
CMP: RS 250
- 'Expect 20% returns in Great Offshore'
Great Offshore on Tuesday acquired 100 per cent equity stake in two companies namely KEI- RSOS Maritime Ltd.
- Buy Great Offshore at target price of Rs 500: Asit C Mehta
- Analysts' Picks: Aban Offshore, Grasim, HDFC Bank, Hero Honda
Morgan Stanley has initiated coverage on Aban Offshore with an ‘overweight’ rating and price target of Rs 4,913. "We expect Aban to benefit...
- Analysts see Great Offshore debuting at Rs 700-725 today
Great Offshore (GOL), the entity carved out of Great Eastern Shipping, will make its debut on the bourses on Thursday. Analysts expect GOL ...