GE Shipping shares rally 9% as Q1 net profit surges 160% YoY, revenue up 67%

GE Shipping shares rallied sharply on Tuesday after the company reported a 160% year-on-year jump in Q1FY27 net profit and a 67% rise in revenue. The shipping major also announced an interim dividend of Rs 14.40 per share, while improving fundamentals and positive technical indicators supported investor sentiment.

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