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Market Trading Guide: Buy PB Fintech, GE Shipping on Tuesday for gains up to 12%
Nifty recovered but volatility persists, with resistance at 23,650. Analysts recommend buying PB Fintech (Policybazaar) at Rs 1,749 for an 8% upside and GE Shipping at Rs 1,700 for a 12% upside, citing strong technical breakouts and momentum.
India may negotiate Iran-backed oil corridors as Hormuz recovery looks distant: Moody’s
India and other nations will seek energy supplies through direct talks. A full return to pre-conflict shipping levels through the Strait of Hormuz is not expected by 2026. This will lead to gradual, but slow and uncertain, improvements in energy transit. Higher and volatile oil prices will impact economies.
Marshall Islands-flagged LPG tanker Symi arrives at Kandla Port after crossing Strait of Hormuz
The arrival of the LPG shipment comes amid heightened international attention on maritime traffic through the Strait of Hormuz, a critical global energy transit route connecting the Persian Gulf with international shipping lanes.
Marshall Islands-flagged LPG tanker Symi arrives at Kandla Port after crossing Strait of Hormuz
The arrival of the LPG shipment comes amid heightened international attention on maritime traffic through the Strait of Hormuz, a critical global energy transit route connecting the Persian Gulf with international shipping lanes.
India's monthly household basket may feel the heat of rising fuel costs
Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.
India's monthly household basket may feel the heat of rising fuel costs
Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.
GE Shipping jumps 10% to hit all-time high after Q4; dividend announced
The board of GE Shipping has declared 4th interim dividend for FY 2025-26 of ₹11.70 per share to the equity shareholders of the company. The company has set May 20 as the record date.
GE Shipping Q4 net profit soars 3x on forex gain; declares ₹11.70 dividend
EBITDA increased 87.7% to ₹941.4 crore from ₹502 crore a year earlier, while EBITDA margin sharply improved to 62.3% from 41%. Shares of Great Eastern Shipping Company Ltd ended at ₹1,493.90, down by ₹4.75, or 0.32%, on the BSE today, May 14.
Shipping Corporation of India Q4 profit more than doubles, announces dividend
Revenue from operations rises to ₹1,513.2 crore in March quarter; FY26 consolidated profit jumps to ₹1,352.9 crore
Middle East war may make your sofa more expensive
The Middle East conflict is impacting Indian homes. Furniture makers face rising costs for materials like foam and lacquer due to global shipping disruptions. Companies are absorbing these increases for now. Consumers are becoming cautious with spending. Some businesses are adapting by focusing on value and optimizing sourcing. Premium furniture demand remains strong.
Govt extends subsidy scheme for companies flagging merchant ships until FY31
India's shipping ministry has extended a vital subsidy scheme for Indian companies flagging merchant ships. This initiative will now run until the financial year 2030-31. The scheme aims to boost India's maritime fleet and global shipping presence. It provides financial support to Indian shipping companies bidding for government cargo tenders.
Why Shipping Corporation of India Land & Assets Share Price is Rising - Equitymaster
Why Shipping Corporation of India Land & Assets Share Price is RisingEquitymaster