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GLOBOFFS
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- 1M
- 6M
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Recent events
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News
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Corporate Actions
India's Global Offshore Services hits near 8-yr high on fundraise plan
** Shares of Global Offshore Services GLSH.BO jump an exchange-allowed maximum of 5% to hit a near eight-year high of 104.49 rupees
** Co, which provides support services to oil exploration and production firms, says it will consider raising funds on Oct. 16
** GLSH set to rise for a fifth straight session, gaining 23% over the period
** Stock up ~78% YTD
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of Global Offshore Services GLSH.BO jump an exchange-allowed maximum of 5% to hit a near eight-year high of 104.49 rupees
** Co, which provides support services to oil exploration and production firms, says it will consider raising funds on Oct. 16
** GLSH set to rise for a fifth straight session, gaining 23% over the period
** Stock up ~78% YTD
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
Global Offshore Services To Consider Raising Funds
Oct 11 (Reuters) - Global Offshore Services Ltd GLSH.BO:
GLOBAL OFFSHORE SERVICES - TO CONSIDER RAISING FUNDS
Source text for Eikon: ID:nBSE21WM08
Further company coverage: GLSH.BO
(([email protected];))
Oct 11 (Reuters) - Global Offshore Services Ltd GLSH.BO:
GLOBAL OFFSHORE SERVICES - TO CONSIDER RAISING FUNDS
Source text for Eikon: ID:nBSE21WM08
Further company coverage: GLSH.BO
(([email protected];))
Global Offshore Services Says Co's Step Down Subsidiary Sold Its Vessel
Sept 12 (Reuters) - Global Offshore Services Ltd GLSH.BO:
CO'S STEP DOWN SUBSIDIARY MAKALU SHIPPING B.V. SOLD ITS VESSEL M.V. MAKALU FOR $9.30 MILLION
Source text for Eikon: ID:nBSE4KRPwT
Further company coverage: GLSH.BO
(([email protected];;))
Sept 12 (Reuters) - Global Offshore Services Ltd GLSH.BO:
CO'S STEP DOWN SUBSIDIARY MAKALU SHIPPING B.V. SOLD ITS VESSEL M.V. MAKALU FOR $9.30 MILLION
Source text for Eikon: ID:nBSE4KRPwT
Further company coverage: GLSH.BO
(([email protected];;))
Global Offshore Services Approves Sanction Letter From Axis Bank To Settle Unsecured Loan
Sept 7 (Reuters) - Global Offshore Services Ltd GLSH.BO:
APPROVED SANCTION LETTER FROM AXIS BANK FOR SETTLEMENT OF UNSECURED LOAN AMOUNTING 48.5 MILLION RUPEES
Source text for Eikon: ID:nBSE9X8v9c
Further company coverage: GLSH.BO
(([email protected];))
Sept 7 (Reuters) - Global Offshore Services Ltd GLSH.BO:
APPROVED SANCTION LETTER FROM AXIS BANK FOR SETTLEMENT OF UNSECURED LOAN AMOUNTING 48.5 MILLION RUPEES
Source text for Eikon: ID:nBSE9X8v9c
Further company coverage: GLSH.BO
(([email protected];))
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Popular questions
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What does Global Offshore Serv do?
Global Offshore Services Ltd. provides vessels for Oil and Gas Exploration, having worked with various E & P Operators including ONGC, Total E&P, Cairn Energy, British Gas, Petrobras, Shell, Perenco, etc.
Who are the competitors of Global Offshore Serv?
Global Offshore Serv major competitors are ABS Marine Services, Sadhav Shipping, Deccan Transcon Leas, Arvind Port & Infra, Chowgule Steamship, Hariyana Ship Break, Shahi Shipping. Market Cap of Global Offshore Serv is ₹260 Crs. While the median market cap of its peers are ₹102 Crs.
Is Global Offshore Serv financially stable compared to its competitors?
Global Offshore Serv seems to be less financially stable compared to its competitors. Altman Z score of Global Offshore Serv is 2.66 and is ranked 6 out of its 8 competitors.
Does Global Offshore Serv pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Global Offshore Serv latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Global Offshore Serv allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Global Offshore Serv balance sheet?
Balance sheet of Global Offshore Serv is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Global Offshore Serv improving?
The profit is oscillating. The profit of Global Offshore Serv is ₹54.29 Crs for TTM, ₹35.83 Crs for Mar 2024 and ₹316 Crs for Mar 2023.
Is the debt of Global Offshore Serv increasing or decreasing?
Yes, The debt of Global Offshore Serv is increasing. Latest debt of Global Offshore Serv is ₹29.42 Crs as of Sep-24. This is greater than Mar-24 when it was ₹24.08 Crs.
Is Global Offshore Serv stock expensive?
Global Offshore Serv is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Global Offshore Serv is 4.98, while 3 year average PE is 1.37. Also latest EV/EBITDA of Global Offshore Serv is 102 while 3yr average is 115.
Has the share price of Global Offshore Serv grown faster than its competition?
Global Offshore Serv has given better returns compared to its competitors. Global Offshore Serv has grown at ~99.5% over the last 1yrs while peers have grown at a median rate of 8.09%
Is the promoter bullish about Global Offshore Serv?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Global Offshore Serv is 30.46% and last quarter promoter holding is 33.86%
Are mutual funds buying/selling Global Offshore Serv?
The mutual fund holding of Global Offshore Serv is decreasing. The current mutual fund holding in Global Offshore Serv is 0.1% while previous quarter holding is 0.11%.