Low PE shipping stock hits focus after record FY26 profit

The Great Eastern Shipping gained around 3.5% on June 11, 2026. Despite delivering multibagger returns of more than 250% over the last five years, the stock trades at a PE of just 6.87x. FII holding rose to a record 28.44% in March 2026, while the company reported its highest-ever FY26 profit of ₹2,356 crore.