Garden Reach Shipbuilders & Engineers Limited (NSE: GRSE)
India
· Delayed Price · Currency is INR | Market Cap | 174.32B |
| Revenue (ttm) | 44.49B |
| Net Income (ttm) | 3.95B |
| Shares Out | 114.55M |
| EPS (ttm) | 34.46 |
| PE Ratio | 44.16 |
| Forward PE | n/a |
| Dividend | 9.36 (0.62%) |
| Ex-Dividend Date | Feb 7, 2025 |
| Volume | 1,597,017 |
| Average Volume | 874,294 |
| Open | 1,548.40 |
| Previous Close | 1,507.95 |
| Day's Range | 1,490.00 - 1,588.30 |
| 52-Week Range | 673.45 - 2,833.80 |
| Beta | 0.44 |
| RSI | 47.90 |
| Earnings Date | Feb 10, 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]
Financial Performance
In 2023, GRSE's revenue was 35.93 billion, an increase of 40.27% compared to the previous year's 25.61 billion. Earnings were 3.57 billion, an increase of 56.61%.
Financial StatementsNews
Garden Reach Shipbuilders & Engineers Q3 FY25 Results: Revenue up 37.5% YoY to Rs 1270.08 crore, Net Profit up 11.25% YoY
Garden Reach Shipbuilders & Engineers (GRSE) reported a strong financial performance for the third quarter of FY25, driven by higher revenue from operations and efficient cost management. Key Financia...
Garden Reach Shipbuilders shares rise over 3% following strategic defence partnership with Apollo Micro Systems
Shares of Garden Reach Shipbuilders & Engineers Limited (GRSE) surged by 3.03% to ₹1,583.90 after the company signed a five-year Memorandum of Understanding (MoU) with Apollo Micro Systems Limited (AM...
Apollo Micro Systems shares surge over 6% on strategic defence collaboration with GRSE
Shares of Apollo Micro Systems Limited (AMS) surged 6.29% to ₹132.36 following the announcement of a strategic partnership with Garden Reach Shipbuilders & Engineers Limited (GRSE). The two companies ...
Apollo Micro Systems shares rise on MoU with GRSE for advanced weapons and electronic systems development
Apollo Micro Systems Limited (AMS) and Garden Reach Shipbuilders & Engineers Limited (GRSE) have signed a Memorandum of Understanding (MoU) for joint research, development, and supply of advanced weap...
Defence stocks: GRSE rises 3.43%, Bharat Dynamics gains 3.42%, Mazagon Dock up 2.51%, Avantel falls 2.16%
Defence stocks traded positively in the early session on Monday, led by Garden Reach Shipbuilders and Engineers (GRSE) and Bharat Dynamics Ltd (BDL). Here’s a look at the top-performing stocks in the ...
This defence stock plunges 40% in six months, but posts 72% one-year return – find out more
A prominent player in the defence sector, Garden Reach Shipbuilders & Engineers Ltd (GRSE), has witnessed a steep decline of 40.06% in its stock value over the last six months, closing at ₹1,518 on Ja...
Defence stocks today: BDL surges 5.12%, GRSE gains 3.19%, Mazdock up 2.47%
As of 9:48 AM, defence stocks are showing strong momentum, with Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders & Engineers (GRSE), and Mazagon Dock Shipbuilders (Mazdock) leading the gains. ...
Garden Reach Shipbuilders shares fall 3% amid submarine project delays
Shares of Garden Reach Shipbuilders & Engineers Ltd. dropped 3%, currently trading at ₹1,719.20 on concerns about delays in India’s ₹6 billion project to build six conventional submarines. According t...
Defence stocks: GRSE (+2.15%), Cochin Shipyard (+1.98%), Mazagon Dock (+1.48%) rise; Solar Industries (-1.07%), Paras Defence (-1.65%) decline
Defence stocks showed a mixed performance during intraday trading as of 11:26 AM, with select stocks gaining while others faced losses. Key Performances: Gaining Stocks: Garden Reach Shipbuilders & En...
Garden Reach (GRSE) shares surge as company inks Rs 226 crore deal for hybrid ferries with West Bengal government
Garden Reach Shipbuilders and Engineers (GRSE) Ltd, a defence public sector undertaking, announced a significant contract with the West Bengal government’s transport department for the construction of...
Garden Reach shares surge 5% on strong Q2 FY25 results
Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a key player in India’s defense shipbuilding sector, saw its shares jump over 5% in morning trading following robust Q2 FY25 financial results. The c...
Garden Reach Shipbuilders Q2 FY25 Results: Revenue jump 28% YoY to Rs 1152 crore
Garden Reach Shipbuilders & Engineers Ltd, a leading shipbuilding company under the Ministry of Defence, reported its financial results for the quarter ended September 30, 2024, showcasing robust year...
Garden Reach Q2 FY25 results: Stock drops 4% ahead of result announcement
Shares of Garden Reach Shipbuilders & Engineers Ltd. (GRSE) fell more than 4% ahead of its Q2 FY25 earnings report. The stock opened at ₹1,454.00 and reached a high of ₹1,457.30 before dipping to a lo...
Garden Reach Shipbuilders & Engineers shares rise over 3% after securing ₹491 crore DRDO contract for Acoustic Research Ship
Garden Reach Shipbuilders and Engineers Ltd. (GRSE) shares gained 3.38% to trade at ₹1,601.75 on the NSE as of 9:24 am following the announcement of a significant contract. GRSE signed a ₹490.98 crore...
Garden Reach Shipbuilders shares drop 7% – Check details
Shares of Garden Reach Shipbuilders & Engineers (GRSE) fell more than 7% today, opening at ₹1,800 and reaching a low of ₹1,660.05 during the trading session. The company’s stock had previously hit a 5...
Stocks To Buy This Diwali: Anand Rathi sees upside in Garden Reach Shipbuilders & Engineers (GRSE), sets targets at ₹2,425 and ₹2,650
Anand Rathi Investment Services has recommended Garden Reach Shipbuilders & Engineers Ltd (GRSE) for potential accumulation, expecting an upward movement after a corrective phase. GRSE surged over 300...
Garden Reach Shipbuilders secures Rs 491 crore order for design and delivery of Acoustic Research Ship
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has announced that it has received a Letter of Intent (LoI) from the Naval Physical & Oceanographic Laboratory (NPOL), under the Ministry of Defence, ...
Garden Reach price surges 7% amid strong trading volumes
Garden Reach Shipbuilders & Engineers shares gained more than 7% following a rise in trading volumes. Garden Reach Shipbuilders & Engineers (GRSE) opened at Rs 1,698.95, reaching a high of Rs 1,838.80...
Mazagon Dock and Garden Reach Shipbuilders in focus as India plans to build nuclear submarines and buy US-made drones
Mazagon Dock Shipbuilders Limited and Garden Reach Shipbuilders & Engineers Limited are in the spotlight today following India’s strategic defense initiatives. The Indian government has announced plan...
Garden Reach Shipbuilders wins order worth Rs 226 crore from West Bengal Transport Department
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has recently informed exchanges that the company received two contracts from the West Bengal Transport Department to design, build, operate and mainta...
Garden Reach Shipbuilders signs contract for 5th of 8 multi-purpose vessels
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has signed a contract for the construction and delivery of the 5th Multi-purpose Vessel (MPV) of 7,500 DWT with Germany-based M/s Carsten Rehder Schiff...
GRSE stock rises 3.6% after securing $54 million (₹450 crore) order for four multi-purpose vessels
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) saw its stock rise 3.6% to ₹1,779.00 at 9:21 AM on the NSE after the company announced it had bagged an order worth $54 million (approximately ₹450 cr...
Garden Reach Shipbuilders & Engineers wins order for construction and delivery of multi-purpose vessels
Garden Reach Shipbuilders & Engineers has recently informed exchanges that the company signed a contract with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co., KG Germany, on 22 Jun 2024, for ...
Government of India upgrades Garden Reach Shipbuilder to ‘Schedule A’ CPSE
Garden Reach Shipbuilders & Engineers Limited (GRSE) has been upgraded to a ‘Schedule A’ Central Public Sector Enterprise (CPSE) by the Government of India. This upgrade reflects the company’s strong ...
Antique maintains ‘BUY’ on HAL, Bharat Electronics, Bharat Dynamics, Mazagon Dock Shipbuilders, and GRSE following DAC approvals
Antique Stock Broking has reiterated its ‘BUY’ rating on key Indian defense companies, including Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL), M...