Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)

India flag India · Delayed Price · Currency is INR
3,032.60
+49.70 (1.67%)
Jun 27, 2025, 3:30 PM IST
45.27%
Market Cap 347.39B
Revenue (ttm) 50.76B
Net Income (ttm) 5.27B
Shares Out 114.55M
EPS (ttm) 46.04
PE Ratio 65.87
Forward PE 42.10
Dividend 13.85 (0.46%)
Ex-Dividend Date Feb 7, 2025
Volume 2,496,110
Average Volume 3,539,897
Open 3,005.00
Previous Close 2,982.90
Day's Range 2,982.10 - 3,065.00
52-Week Range 1,184.90 - 3,538.40
Beta 0.17
RSI 52.17
Earnings Date Aug 8, 2025

About NSE:GRSE

Garden Reach Shipbuilders & Engineers Limited engages in the design and construction of war ships in India. The company offers frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks, landing craft utilities, survey vessels, fleet replenishment tankers, fast patrol vessels, offshore patrol vessels, inshore patrol vessels, water jet fast attack crafts, anti-submarine warfare shallow water crafts, electric ferries, ocean going passenger and cargo ferry vessels, hovercrafts, and fast interceptor boats to the Indian Navy, ... [Read more]

Sector Industrials
Founded 1884
Employees 1,573
Stock Exchange National Stock Exchange of India
Ticker Symbol GRSE
Full Company Profile

Financial Performance

In 2024, NSE:GRSE's revenue was 50.76 billion, an increase of 41.28% compared to the previous year's 35.93 billion. Earnings were 5.27 billion, an increase of 47.62%.

Financial Statements

News

Garden Reach Shipbuilders Share Price

GRSE Garden Reach Shipbuilders & Engineers is one of the most famous defense manufacturers in India, which is famous for building highly equipped naval ships. Responding to its stock performance, inve...

1 day ago - ABC Money

GRSE signs contract with GSI to build two coastal research vessels

Garden Reach Shipbuilders & Engineers (GRSE) has signed a contract with the Geological Survey of India (GSI) for the construction of two Coastal Research Vessels (CRVs). The agreement was formalized o...

16 days ago - Business Upturn

Garden Reach shares jump 3% on strategic MoUs in Sweden and Denmark

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) surged 3% in early trade after the company announced the signing of two key Memorandums of Understanding (MoUs) during an official delegation...

19 days ago - Business Upturn

GRSE signs MoUs in Sweden and Denmark to boost marine and cruise ship partnerships

Garden Reach Shipbuilders & Engineers (GRSE) has announced the signing of two significant Memoranda of Understanding (MoUs) during its official delegation visit to Sweden and Denmark. In Sweden, GRSE ...

21 days ago - Business Upturn

Deals docked in Oslo: Indian shipbuilders ink pacts for vessels, green tech tie-ups; check key players

Indian maritime companies forged shipbuilding and technology collaborations at the Nor-Shipping conference in Oslo, supported by a government initiative to strengthen global partnerships. Key agreemen...

22 days ago - The Times of India

Bharat Electronics secures Rs 2,323 crore orders from MDL and GRSE

Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has announced the receipt of prestigious orders worth ₹2,323 crore (excluding taxes) from two major Indian shipyards — Maz...

22 days ago - Business Upturn

Garden Reach signs MoI with Germany’s Carsten Rehder for construction of 4 multi-purpose vessels

Garden Reach Shipbuilders & Engineers (GRSE) has announced the signing of multiple agreements aimed at enhancing its shipbuilding portfolio and expanding into the offshore segment. On June 4, 2025, GR...

23 days ago - Business Upturn

Why are GRSE shares up nearly 10% today? Explained

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) surged over 7% in early trade on June 4, following the announcement of a landmark collaboration with Norway-based Kongsberg for constructing ...

24 days ago - Business Upturn

Garden Reach shares jump 10% to hit new 52-week high; Check details

Shares of Garden Reach Shipbuilders & Engineers Ltd surged over 9% in early trading on Wednesday, reaching a new 52-week high of ₹3,465.50 on the NSE. As of 9:30 AM, the shares were trading 10% higher...

24 days ago - Business Upturn

Defence stocks rally in early trade; BDL, GRSE, Mazagon Dock shares lead the charge

Shares of defence companies surged in early morning trade on Tuesday amid sustained buying interest in the sector. At 9:42 AM, stocks like Bharat Dynamics (BDL), Garden Reach Shipbuilders (GRSE), and ...

4 weeks ago - Business Upturn

GRSE shares hit all-time high; stock up over 140% in 52 trading sessions amid defence order momentum

Shares of Garden Reach Shipbuilders & Engineers Ltd surged over 5% in Friday’s early trade to hit a fresh all-time high of ₹2,896.30. This marks the third consecutive day of gains for the defence PSU,...

5 weeks ago - Business Upturn

GRSE shares surge 11% after emerging L1 bidder for Rs 25,000 crore Indian Navy corvette contract

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) surged 11.02% to ₹2,776.00 on Wednesday after the company announced that it had emerged as the lowest (L1) bidder for a massive Indian Navy c...

5 weeks ago - Business Upturn

Why are Garden Reach Shipbuilders shares up over 3% today? Here’s what you need to know

Shares of Garden Reach Shipbuilders & Engineers Ltd surged over 3% on Thursday to ₹2,586.90 apiece after the company announced it has emerged as the lowest bidder (L1) for a high-value Indian Navy con...

5 weeks ago - Business Upturn

Garden Reach Shipbuilders wins L1 status for Rs 25,000 crore Navy contract

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has emerged as the lowest bidder (L1) for a major defence contract from the Indian Navy. In a stock exchange filing on May 22, 2025, GRSE announced tha...

5 weeks ago - Business Upturn

Garden Reach shares jump 36% this week after Operation Sindoor success and strong Q4 results

Garden Reach Shipbuilders & Engineers (GRSE) shares surged over 36% this week following the success of Operation Sindoor and impressive Q4 FY25 financial results. Operation Sindoor, launched in respon...

6 weeks ago - Business Upturn

Garden Reach Shipbuilders shares jump over 10% as Q4 profit more than doubles YoY

Shares of Garden Reach Shipbuilders & Engineers Ltd. (GRSE) rallied over 10% to ₹2,113.90 on Tuesday, making it one of the top gainers on the NSE. The surge came after the company reported stellar fin...

6 weeks ago - Business Upturn

Garden Reach Q4: Stock jumps over 3% ahead of result announcement

Garden Reach Shipbuilders & Engineers Ltd (GRSE) has seen a notable jump in its share price, rising by more than 3% as it prepares to release its Q4 results. As of 10:15 AM, the shares were trading 3....

6 weeks ago - Business Upturn

Why are GRSE shares rising 8% today? Know More

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) rose on Tuesday, April 29, 2025, supported by positive momentum across India’s defence sector. The rally in GRSE stock comes amid a series of...

2 months ago - Business Upturn

Garden Reach Shipbuilders secures Rs 489.98 crore contract for Coastal Research Vessels

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has announced that it received a Letter of Award on April 8, 2025, from the Geological Survey of India for the construction and delivery of two Coasta...

2 months ago - Business Upturn

GRSE signs MoU with SWAN Defence to boost commercial shipbuilding

Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced that it has entered into a non-binding Memorandum of Understanding (MoU) with SWAN Defence and Heavy Industries Ltd. The move aims to strengt...

2 months ago - Business Upturn

Garden Reach shares surge nearly 5% as company secures $108 million order from German firm

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) climbed nearly 5% in Monday’s session to trade at ₹1,788.00, marking a gain of ₹83.45 or 4.90% compared to the previous close of ₹1,704.55. T...

3 months ago - Business Upturn

GRSE signs contract for 7th & 8th Multi-Purpose Vessels with Carsten Rehder

Garden Reach Shipbuilders and Engineers (GRSE) Ltd has signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG, Germany, for the construction and delivery of the 7th and 8th Mul...

3 months ago - Business Upturn

Garden Reach shares jump 28% this week; Check details

Garden Reach Shipbuilders & Engineers Ltd (GRSE) witnessed a significant rally this week, with its stock price jumping 28%. On Friday, the stock closed at ₹1,697.95, after opening at ₹1,715.45. During...

3 months ago - Business Upturn

GRSE shares surge another 4% after hitting 20% yesterday; company signs first-ever MoU with PWD Nagaland

Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) surged another 4% today, continuing the momentum from Wednesday’s rally, where the stock had hit a 20% upper circuit. The rally in GRSE, alon...

3 months ago - Business Upturn

GRSE signs first-ever MoU with PWD Nagaland for Modular Steel Bridges

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has achieved a significant milestone by signing a breakthrough Memorandum of Understanding (MoU) with PWD Nagaland for the supply of eight Double Lane...

3 months ago - Business Upturn