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Asset Entities, Inc. engages in providing social media marketing and content delivery services. It offers its services to Discord, TikTok, and other social media platforms. It also designs, develops and manages servers for communities on Discord. The company was founded by Arshia Sarkhani, Jackson Fairbanks, Arman Sarkhani and Kyle Fairbanks on August 1, 2020 and is headquartered in Dallas, TX.

Asset Entities Inc - Ordinary Shares - Class B

Asset Entities Inc.

Asset Entities Inc. is trending due to the approval of its merger with Strive Enterprises, paving the way for a Bitcoin treasury company. The community is excited about the potential for a short squeeze, with some drawing comparisons to other high-flying crypto plays. With potential access to significant capital post-merger, discussions are centered around the stock's potential valuation and ability to outperform Bitcoin itself.

GameStop Corp. engages in offering games and entertainment products through its ecommerce properties and stores. The firm’s stores and ecommerce sites operate primarily under the names GameStop, EB Games, and Micromania. It operates through the following geographical segments: United States, Canada, Australia, and Europe. The company was founded by Daniel A. DeMatteo in 1996 and is headquartered in Grapevine, TX.

Gamestop Corporation - Ordinary Shares - Class A

GameStop Corp

GameStop is trending due to a surprise announcement of a warrant dividend for shareholders, sparking discussions around share lending and potential for a short squeeze. The community is analyzing the implications of these warrants, particularly how they may impact shorts and the stock's price movement. Positive earnings are adding fuel to the fire, with many expecting significant price swings.

Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers enterprise applications and infrastructure technologies through cloud and on-premise deployment models including cloud services and license support offerings. The Hardware segment provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and other hardware-related software. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates on June 16, 1977 and is headquartered in Austin, TX.

Oracle Corp.

Oracle's stock is trending following its earnings report, despite missing estimates, due to strong forward guidance and significant growth in cloud infrastructure revenue, particularly from multi-cloud databases. The community is focused on the company's massive backlog and potential for future growth in the AI space, leading to a debate about whether the stock's surge is justified or if it's a sign of a market bubble. Discussions also revolve around the potential impact on other tech stocks and Oracle's position in the cloud computing sector.

QMMM Holdings Ltd. engages in the provision of digital advertising services. It offers interactive design, animation, art-tech and virtual technologies used in commercial campaigns. It has worked with domestic and international banks, real estate developers, amusement parks, international sports apparel, footwear brands, luxury cosmetic products, and international brands. The company was founded by Bun Kwai on July 29, 2022 and is headquartered in Hong Kong.

QMMM Holdings Ltd. - Ordinary Shares - Class A

QMMM Holdings Ltd.

QMMM is trending due to a massive short squeeze following news of a new crypto treasury strategy, leading to extreme volatility and significant gains for some traders. Community discussions revolve around the potential for continued upward momentum versus an imminent pullback, with comparisons to other high-flying stocks in the sector. Speculation abounds regarding market manipulation and the risks associated with China-based stocks.

CaliberCos, Inc. operates as an asset management firm. It provides various support services including asset management & fund set-up services, as well as lending support, construction & development management, and real estate brokerage services. The company was founded by John Christopher Loeffler II and Jennifer Schrader in January 2009 and is headquartered in Scottsdale, AZ.

CaliberCos Inc - Ordinary Shares - Class A

CaliberCos Inc 

CWD is trending due to recent volatility, with community members discussing a potential pump and dump following the company's announcement of purchasing Chainlink tokens. Concerns about possible scams, dilution, and dark pool activity are circulating, while others hope for a short squeeze and recovery. The stock's dramatic price swings are drawing attention, with comparisons to other volatile stocks in the crypto space.

Armada Acquisition Corp. I operates as a blank check company. It was formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was founded on November 5, 2020 and is headquartered in Philadelphia, PA.

Rezolve AI PLC .

Rezolve AI Limited

Rezolve AI ($RZLV) is trending amid growing investor interest in AI and e-commerce, with discussions around its potential for high growth and comparisons to other AI companies. The community is actively debating entry points, holding strategies, and the impact of upcoming earnings, while also highlighting the company's partnerships and patented technology. Some are expressing concerns about dilution and short selling, while others are very bullish for a run to double digits.

Rubrik, Inc. engages in the provision of cloud data management solutions. Its solutions include backup and recovery, VM backup, Microsoft 365, ransom ware recovery, database backup, cloud solutions, and Polaris sonar. Rubrik products include data protection, data threat analytics, data security posture and cyber recovery. The company was founded by Bipul Sinha, Arvind Jain, Soham Mazumdar, and Arvind Nithrakashyap in December 2013 and is headquartered in Palo Alto, CA.

Rubrik Inc. - Ordinary Shares - Class A

Rubrik Inc. - Class A

Rubrik is trending as investors discuss its upcoming earnings report and the potential impact on the stock's valuation, with the community weighing positive analyst sentiment against concerns about profitability. A key point of discussion revolves around the company's position in the cybersecurity sector relative to competitors and potential for long-term growth. Some traders are also focused on short-term strategies, anticipating volatility around the earnings release.

Synopsys, Inc. engages in the provision of electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs). It also offers semiconductor intellectual property (IP) products. It operates through the following segments: Design Automation, Design IP, and Software Integrity. The Design Automation segment includes silicon design, verification products and services, system integration products and services, digital, custom, and FPGA IC design software, verification software and hardware products, and manufacturing software products. The Software Integrity segment includes a solution for building security and compliance testing into the customers' software development lifecycle and supply chain. The company was founded by Aart J. de Geus, Bill Krieger, Dave Gregory, and Rick Rudell in December 1986 and is headquartered in Sunnyvale, CA.

Synopsys, Inc.

Synopsys is trending due to mixed reactions to its recent earnings report and future outlook, with investors focused on the company's exposure to macro uncertainties and the potential impact of its pending acquisition of Ansys. While some community members express confidence in the company's long-term prospects and AI-driven growth, others are concerned about the conservative guidance and its effect on the stock's valuation.

Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other varieties of related services. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The Americas segment includes North and South America. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. The Greater China segment comprises China, Hong Kong, and Taiwan. The Rest of Asia Pacific segment includes Australia and Asian countries. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, AppleCare, iCloud, digital content stores, streaming, and licensing services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in April 1976 and is headquartered in Cupertino, CA.

Apple Inc

Apple's product announcement event, featuring new iPhones and Apple Watches, is driving mixed sentiment as the community debates the level of innovation and whether it warrants an upgrade. Discussions revolve around the new AirPods' translation capabilities, the iPhone Air's design, and the absence of significant AI advancements. Some traders anticipate a post-event dip followed by a rebound, while others express concerns about stagnant revenue and competition.

Bloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001, and is headquartered in San Jose, CA.

Bloom Energy Corp - Ordinary Shares - Class A

Bloom Energy Corp

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Indian shipping stocks rallied on Monday following reports that the government plans to scale up the proposed Maritime Development Fund (MDF) to ₹70,000 crore, a significant boost from the ₹25,000 crore initially announced in the Union Budget this February.Key shipping stocks, including Great Eastern Shipping Co, Mazagon Dock Shipbuilders, Garden Reach Shipbuilders, Shipping Corporation of India, and Cochin Shipyard, closed in the green.More Funding For Shipping&nbsp;In February, the Indian government set up the Maritime Development Fund (MDF) to support the country’s maritime sector by providing financial assistance, via equity or debt securities.According to a report by the Economic Times, the revised corpus has received clearance from the Expenditure Finance Committee (EFC), chaired by the expenditure secretary in the finance ministry, and is now awaiting final approval from the Cabinet. The increased budget will boost shipbuilding, ship repair, ancillary industries, expansion of shipping tonnage, and port-linked infrastructure.The MDF will follow a blended finance model, with 49% concessional capital from the government, including contributions from state-owned ports, and 51% commercial capital from multilateral, bilateral, and sovereign investors, the report added.By 2030, the MDF is expected to mobilize ₹1.3 - ₹1.5 trillion in direct and indirect investments and create up to 1.1 million jobs.India’s Maritime AmbitionsIndia’s maritime ambitions demand significant investment. Government estimates place funding needs at $885–940 billion by 2047, covering shipping tonnage expansion ($388 billion), green vessels ($260 billion), next-generation ports ($224 billion), shipbuilding and repair hubs ($18 billion), coastal and inland shipping ($8.82 billion), and cruise tourism ($1.65 billion).The country aims to rank among the world’s top 10 shipbuilders by 2030 and break into the top five by 2047, competing with South Korea, Japan, and China.Key legislations, including the Merchant Shipping Bill and the Coastal Shipping Bill, along with the Indian Ports Bill, which replaces the century-old Indian Ports Act of 1908, were recently passed in the parliament.Last month, the Ministry of Ports, Shipping &amp; Waterways (MoPSW) launched the Sagarmala Finance Corporation Limited (SFCL), the country’s first non-banking financial company (NBFC) dedicated to the maritime sector.Stocks WatchMost shipping stocks have seen strong buying interest this year. Mazagon Dock Shipbuilders, which closed 0.8% higher at ₹2,739.8, has grown over 23% year-to-date (YTD).Retail sentiment on Stocktwits remains ‘bearish’. It was ‘neutral’ a week earlier.Great Eastern closed 0.6% at ₹974, having grown a marginal 0.9% YTD.Garden Reach closed 3% higher at ₹2,674.3, and has grown a staggering 65.6% YTD. However, retail sentiment on Stocktwits has shifted from ‘bullish’ a week ago.Shipping Corp of India ended the session at ₹212.85, up 3.47%. YTD gains stand at 1.8%.Cochin Shipyard rose 1.8% in Monday’s session to ₹1,720.9. The stock has gained nearly 12% YTD.For updates and corrections, email newsroom[at]stocktwits[dot]com.

A view of shipping underway and trucks moving goods on the Long Beach International Gateway Bridge at the Port of Long Beach in Long Beach Friday, Aug. 1, 2025. 

Maritime Push: Here’s Why Shipping Stocks Gained Today

The government has reportedly increased the Maritime Development Fund to ₹70,000 crore from ₹25,000 crore. 

Equity

Indian equity markets closed higher on Thursday, ending a six-week losing streak, helped by buying in technology and consumer durables stocks. Metals, FMCG, and real estate sectors closed in the red.The markets are likely to open higher on Monday, with investor sentiment buoyed by the new GST reform announcements, which are likely to see the taxes streamlined into two rates — 5% and 18%. Nearly all items will reportedly move from the 12% slab (99%) to 5%, while 90% of goods and services from the 28% bracket may move to 18%, with no additional cess applied.The Gift Nifty, an early indicator for the Nifty 50 index, was up 1.55% to 24,998.5 at 8:35 am IST.Here are the stocks to watch out for heading into today’s session.Stocks To WatchSteel stocks: The Directorate General of Trade Remedies (DGTR) has recommended imposition of safeguard duties for three years on imports of some flat steel products.Vedanta: SEBI issued a warning letter to Vedanta for modifying a Scheme of Arrangement without prior consent.KEC International: The RPG Group company secured fresh orders worth ₹1,402 crore across its T&amp;D, civil, and cables &amp; conductors segments, taking YTD order inflows beyond ₹8,400 crore.Alembic Pharmaceuticals: Alembic received final USFDA approval for Tretinoin Cream USP, 0.025%, used for treating acne vulgaris, with a US market size estimated at $94 million.EMS: The company bagged a ₹104.06 crore order from UP Jal Nigam (Urban), confirmed through a Letter of Acceptance (LoA).RVNL: Secured ₹178.64 crore contract for signalling and telecom works from IRCONTorrent Power: The firm inaugurated a green hydrogen plant in Gorakhpur with 72 TPA capacity, blending hydrogen with natural gas in its city distribution network at up to 2% concentration.PVR INOX: The multiplex operator launched an 8-screen property in Bengaluru and a 10-screen megaplex in Mumbai, expanding its footprint to 1,763 screens across 355 properties in 111 cities.Bharat Petroleum Corp: Expects Russian crude to form 35% of its total imports for the remaining year of FY26 as long as there are no new sanctions on Russian oil.Somany Ceramics: A gas leakage in GAIL’s pipeline disrupted supply to its Kassar plant, forcing a temporary production halt.JK Cement: The board approved a ₹4,805 crore greenfield expansion in Rajasthan and Punjab, adding 7 MnTPA cement capacity with clinkerisation and grinding units.Shipping Corporation: Secured ₹146 crore relief as CESTAT rules in its favour on service tax dispute.Lemon Tree Hotels: Subsidiary Fleur Hotels won DDA’s prime Nehru Place land rights for developing and operating a 5-star hotel.Signatureglobal (India): Its subsidiary acquired 33.47 acres in Sohna, Gurugram, with 30.86 acres in collaboration, boosting land reserves.Dixon Technologies: Dixon signed an agreement with HKC Overseas, which will take a 26% stake in Dixon Display Technologies to jointly develop LCD and TFT-LCD modules.Star Housing Finance: The company’s board approved raising up to ₹50 crore via non-convertible debentures (NCDs) in tranches.GMR Airports: July 2025 traffic fell 3.9% YoY to 92.72 lakh passengers, with aircraft movements down 2.3% YoY to 59,220.EaseMyTrip: The travel platform announced three acquisitions, including a 50% stake in London’s Three Falcons Hotel, full ownership of AB Finance’s Gurugram asset, and in-principle approval for investment in Vashu Bhagnani Industries.Valor Estate: Vinod K. Goenka was reappointed Executive Chairman &amp; MD for a three-year term from September 1, 2025.Globe Civil Projects: The company won a ₹222.2 crore contract to construct an International Cricket Stadium in Jhajjar, Haryana.PNC Infratech: The company secured a 300 MW solar + 150 MW/600 MWh storage project from NHPC under ISTS.Hindustan Oil Exploration: Production from Block B-80’s D1 and D2 wells has resumed after successful FSO vessel re-mooring.KPIT Technologies: Its subsidiaries completed the $51 million initial payment to acquire Caresoft, finalizing part of a deal valued up to $157 million.ONGC, Power Grid, NTPC &amp; Tata Power: S&amp;P Global Ratings upgraded the issuer credit ratings of ONGC, Power Grid, NTPC, and Tata Power to ‘BBB’ from ‘BBB-’ with stable outlooks, while also raising the issue ratings on ONGC, Power Grid, and NTPC debt.SBI, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Union Bank, Indian Bank, Bajaj Finance, Tata Capital &amp; L&amp;T Finance: S&amp;P Global Ratings upgraded long-term issuer credit ratings for seven leading Indian banks and three finance companies.Earnings ImpactGlenmark Pharmaceuticals: Q1 profit slumped 86.2% to ₹47 crore from ₹340.2 crore, while revenue grew a marginal 0.6% to ₹3,264.4 crore, impacted by an exceptional loss of ₹323.2 crore.Vodafone Idea: Loss widened to ₹6,608.1 crore in Q1 from ₹6,432.1 crore, though revenue grew 4.9% to ₹11,022.5 crore.Inox Wind: Reported a 134% surge in Q1 profit to ₹97.3 crore, with revenue up 29.2% to ₹826.3 crore.Zaggle Prepaid Ocean Services: Q1 profit rose 56% to ₹26.1 crore from ₹16.7 crore, as revenue climbed 31.6% to ₹332 crore.Spandana Sphoorty Financial: Posted a loss of ₹360.2 crore in Q1, compared to a profit of ₹55.71 crore last year. Net interest income fell 70% to ₹130 crore and impairments more than doubling to ₹422.2 crore.Jindal Poly Films: Profit fell 84.5% to ₹26.1 crore in Q1 from ₹168.1 crore, while revenue declined 12.1% to ₹1,083.4 crore.Jyoti Structures: Reported a 119.3% surge in Q1 profit to ₹11.2 crore from ₹5.09 crore, supported by a 76.9% revenue surge to ₹156.2 crore.Easy Trip Planners: Q1 profit crashed 98.7% to ₹0.4 crore from ₹33.9 crore, with revenue falling 25.4% to ₹113.8 crore.Indo Rama Synthetics: Q1 swung to a ₹52.75 crore profit from a ₹19.2 crore loss, driven by a 38.3% revenue jump to ₹1,305.7 crore.Swan Energy: profit plunged 90% to ₹27 crore in Q1 from ₹267.7 crore, though revenue rose 6.3% to ₹1,213.2 crore.National Fertilizers: Posted a wider Q1 loss at ₹39.4 crore from ₹8.7 crore, as revenue dropped 30.6% to ₹3,534.2 crore.Results Today&nbsp;&nbsp;Modis Navnirman, Murae OrganisorFor updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

The digital broadcast on the facade of the Bombay Stock Exchange (BSE) displays the benchmark share index SENSEX crossing 32,000 points, on July 13, 2017 in Mumbai, India. (Photo by Kunal Patil/Hindustan Times via Getty Images)

Trading Radar For August 18: Tata Steel Sector, Vodafone Idea, Inox Wind, Glenmark, Vedanta, KEC International Are On Stocks Watchlist

Indian markets are likely to open higher on Monday, with investor sentiment buoyed by the new GST reform announcements

Lok Sabha Public Undertakings Committee led by Baijayant Panda presents five reports in Parliament

New Delhi [India], August 12 (ANI): The Committee on Public Undertakings (CoPU) of the 18th Lok Sabha, chaired by BJP MP Baijayant 'Jay' Panda, presented five reports in Parliament on Tuesday. The reports include two audit examinations related to the Shipping Corporation of India and Bharat Sanchar Nigam Limited (BSNL), and three Action Taken Reports pertaining to the comprehensive examination of Bharat Heavy Ele

India state-run shipper to buy vessels in $2 bn deal

Shipping Corporation of India is planning a big purchase. It will buy twenty-six ships made in India. This is part of a government plan. The goal is to boost India's shipbuilding industry. Other sectors like petroleum and steel will also buy ships. The total value of these orders is very high.

Indian equity markets closed lower on Friday, marking a sixth successive weekly decline, dragged by all indices, especially real estate, consumer durables, and metals stocks. It was the markets’ longest losing streak in five yearsThe markets are likely to see a muted start as investors stick to the sidelines, awaiting key inflation data scheduled during the truncated week.Investors will also keep an eye out for cues on developments around tariffs imposed by US President Donald Trump, as well as Prime Minister Narendra Modi’s meeting with Russian President Vladimir Putin, scheduled on August 15.The Gift Nifty, an early indicator for the Nifty 50 index, edged up 0.05% to 24,431 at 8:30 am IST.Here are the stocks to watch out for heading into today’s session.Stocks To WatchICICI Bank: RBI fined ICICI Bank ₹75 lakh for lapses in property valuation and current account compliance. The bank has also raised the minimum balance requirement for new savings accounts to ₹50,000 in metros and urban areas (from ₹10,000 earlier), ₹25,000 in semi-urban branches (from ₹5,000), and ₹10,000 in rural branches (from ₹2,500).IOC, HPCL, BPCL: The Union Cabinet approved ₹30,000 crore in compensation, payable in 12 tranches, to IOC, BPCL, and HPCL for under-recoveries on domestic LPG sales.IDFC First Bank: RBI approved Platinum Invictus B 2025 RSC to invest up to 9.99% in the bank, with an immediate ₹2,624 crore infusion for a 5.09% stake under the bank’s preferential issue.Home First Finance: Private equity firm Warburg Pincus is looking to exit the company and has launched a block deal to sell shares worth $143 million, according to reports.Shilpa Medicare: Received approval from the Central Drugs Standard Control Organisation (CDSCO) for Nor Ursodeoxycholic Acid Tablets 500 mg. The tablets are used in the treatment of Non-Alcoholic Fatty Liver Disease (NAFLD).Earnings ImpactTata Motors: Q1 consolidated profit slumped 30.5% to ₹3,924 crore while revenue slipped 2.5% to ₹1,04,407 crore.Siemens: Quarterly profit declined 3.1% to ₹423.4 crore even as revenue grew 15.5% to ₹4,346.8 crore.Manappuram Finance: Q1 profit slumped 76.2% to ₹132.5 crore with revenue down 14.2% to ₹1,407.1 crore.Voltas: Profit plunged 58% to ₹140.5 crore and revenue dropped 20% to ₹3,938.6 crore.Puravankara: Posted a Q1 loss of ₹68.6 crore against a profit of ₹14.8 crore, with revenue down 20.3% to ₹524.4 crore.Poly Medicure: Q1 profit rose 25.7% to ₹93.1 crore and revenue grew 4.8% to ₹403.2 crore, aided by higher other income.DCW: Q1 profit surged 69.3% to ₹11.4 crore despite a 4.8% drop in revenue to ₹475.5 crore.Shipping Corporation of India: Profit increased 21.5% to ₹354.2 crore while revenue fell 13.1% to ₹1,316 crore.Entero Healthcare: Profit jumped 38.4% to ₹27.8 crore with revenue up 28% to ₹1,403.8 crore.DOMS Industries: Q1 profit grew 10.5% to ₹57.3 crore as revenue rose 26.4% to ₹562.3 crore.Gujarat Alkalies: Q1 loss narrowed to ₹13.8 crore with revenue up 13.1% to ₹1,105.1 crore.Dhampur Sugar Mills: Profit fell 43.5% to ₹0.91 crore, but revenue rose 9.2% to ₹740.7 crore.Power Mech Projects: Profit surged 30.5% to ₹80.6 crore with revenue up 28.4% to ₹1,293.4 crore.Ceigall India: Q1 profit dropped 33% to ₹53.2 crore while revenue rose 1.9% to ₹838.2 crore.Results Today&nbsp;&nbsp;Ipca Laboratories, Ashoka Buildcon, Astral, Awfis Space Solutions, Bajaj Consumer Care, Bata India, BEML, Brigade Hotel Ventures, Enviro Infra Engineers, Krsnaa Diagnostics, Praj Industries, Tilaknagar Industries, Titagarh Rail Systems, Travel Food Services, VST Tillers Tractors, and Websol Energy System, among others.&nbsp;Active IPOsAll Time Plastics and JSW CementFor updates and corrections, email newsroom[at]stocktwits[dot]com.&nbsp;

Trading Radar For August 11: Tata Motors, Manappuram, Shilpa Medicare, Voltas, And Siemens Are On Stocks Watchlist

 Ipca Laboratories, Ashoka Buildcon, BEML, Bata, and Bajaj Consumer, among other companies, are expected to post their quarterly earnings today

Shipping Corporation Q1 Results | Net profit, margins expand; revenue slips

… ago period. Also Read: Shipping Corporation of India shares surge … is the largest Indian shipping company and the only … market hours. Shares of Shipping Corporation of India Ltd ended … 8. Also Read: Shipping Corporation, GE Shipping shares gain for second …

India earmarks 15,000 acres for coastal shipbuilding clusters, targets ₹1.5 lakh crore investment

… and Maharashtra — for proposed shipbuilding clusters. Nearly 40 per … the Ministry of Ports, Shipping and Waterways (MoPSW), land … of Fertilisers and the Shipping Corporation of India. The … investment promotion subsidies in shipbuilding that include a fixed …

The Shipping Corp. of India Ltd. is a holding company, which engages in the business of transporting goods, It operates through the following segments: Liner, Bulk, Tankers, Technical & Offshore and & Unallocable. The Liner segment includes break-bulk, container transport, passenger vessels, and research vessels managed on behalf of other organizations. The Bulk segment offers dry bulk carriers. The Tanker segment refers to both crude and product carriers, gas carriers, and phosphoric acid carriers. The Technical & Offshore services segment includes company owned offshore vessels, offshore vessels managed on behalf of other organisations, income from technical consultancy and passenger vessels & research vessels managed on behalf of other organisations. The Unallocable segment provides items and interest income or expenses are disclosed separately. The company was founded on October 2, 1961 and is headquartered in Mumbai, India.

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