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GESHIP

NSEServicesCap: ₹21841.84 Cr

Great Eastern Shipping Co. Ltd.

+46.58%YTD
AAOIFIMSCIDJIMBSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:
  • Liquidity: Cash 40.8% exceeds limit 33.33%.
  • Impure Revenue: Non-permissible income 5.03% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹21841.84 Cr
P/E Ratio
6.1x
P/B Ratio
1.3x
52W High
₹1,798
52W Low
₹1,035.1
Div. Yield
361.00%
Shares O/S
13.71 Cr

Where Does the Money Come From?

Revenue breakdown for Great Eastern Shipping Co. Ltd.

Core Services OperationsPermissible Operating Activity

Permissible: Core operations in Services.

95.0%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

5.0%of Total Revenue
About Great Eastern Shipping Co. Ltd.

Permissible: Core operations in Services.

Interest-Bearing Debt Ratio
5.59%Max: ≤ 33.0%
Cash & Securities Liquidity
40.8%Max: ≤ 33.0%
Impure Revenue Ratio
5.03%Max: ≤ 5.0%
Screening Denominator
Total Assets

Halal Alternatives in Services

Can't invest in GESHIP? Consider these instead

MSCI Verified
BLUEDART

Blue Dart Express Ltd.

HalalPurification: 0.12%
REDINGTON

Redington Ltd.

HalalPurification: 0.1%
CONCOR

Container Corporation of India Ltd.

HalalPurification: 3.99%

Purification & Zakat Calculator

Calculate how much to donate for GESHIP

⚠️ Note: GESHIP is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.