🔔 Contract Alert
Garden Reach Shipbuilders & Engineers Ltd secures a Rs 226.2 crore contract for 13 hybrid ferries with the West Bengal government.
Garden Reach Shipbuilders & Engineers Ltd Analyst Rating
based on 2 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 2 analysts offering long term price targets for Garden Reach Shipbuilders & Engineers Ltd. An average target of ₹1303.5
Source: S&P Global Market Intelligence
Garden Reach Shipbuilders & Engineers Ltd Share analysis
Garden Reach Shipbuilders & Engineers Ltd price forecast by 2 analysts
Downside of
High
₹2092
Target
₹1303.50
Low
₹515
Garden Reach Shipbuilders & Engineers Ltd target price ₹1303.5, a slight downside of -7.5% compared to current price of ₹1381.65. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Garden Reach Shipbuilders & Engineers Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Garden Reach Shipbuilders & Engineers Ltd EPS growth forecast
EPS estimate Q1, FY2026:0
Forecast
Actual
Source: S&P Global Market Intelligence
Garden Reach Shipbuilders & Engineers Ltd Performance
Day's Low
Day's High
₹1,377.6₹1,424.952 Week's Low
52 Week's High
₹673.45₹2,833.8
| Returns % | |
| 1 Month Return | -21.89 % |
| 3 Month Return | -21.77 % |
| 1 Year Return | + 73.99 % |
| Market Stats | |
| Previous Close | ₹1,409.25 |
| Open | ₹1,422.00 |
| Volume | 3.94L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,143.24Cr |
Garden Reach Shipbuilders & Engineers Ltd Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹16,143.24 Cr |
| P/B Ratio | 5.24 |
| EPS | 0 |
| Dividend Yield | 0 |
| Sector | Aerospace & Defence |
| ROE | 23.14 |
Garden Reach Shipbuilders & Engineers Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹16,143.24 Cr | 105.63% | 0.55 | NA | NA | |
| NA | ₹493.68 Cr | 4.04% | 0.70 | ₹12 Cr | ₹366 Cr | |
| BUY | ₹7,190.19 Cr | 148.95% | 0.61 | ₹121 Cr | ₹908 Cr | |
| NA | ₹1,023.34 Cr | 341.53% | 0.52 | ₹11 Cr | ₹30 Cr | |
| BUY | ₹15,403.26 Cr | 57.69% | 0.63 | ₹281 Cr | ₹4,054 Cr |
Garden Reach Shipbuilders & Engineers Ltd Mutual Fund Holdings
About Garden Reach Shipbuilders & Engineers Ltd
GRSE is engaged in the design and construction of new ships, as well as the repair and refit of existing ships. Its core operations include the construction of warships and other vessels for the Indian Navy, Coast Guard, and Export Customers. Its top products include Naval Ships, Fast Patrol Vessels, Corvettes, Offshore Patrol Vessels, Survey Vessels, Landing Craft Utility, and Tugs.
Share Price: ₹1381.65 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹16,143.24Cr as of today
Listing date: 10 Oct, 2018
Chairperson Name: Hari P R
| Organisation | Garden Reach Shipbuilders & Engineers Ltd |
| Headquarters | |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Garden Reach Shipbuilders & Engineers Ltd
GRSE Secures Major Contract for Hybrid Ferries - 21 Nov, 2024
Garden Reach Shipbuilders & Engineers (GRSE) has secured a Rs 226 crore contract with the West Bengal government for constructing 13 hybrid ferries, enhancing its reputation in sustainable transportation.
GRSE Secures Major Contract for Hybrid Ferries - 20 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd has signed a significant contract with the West Bengal government to deliver 13 hybrid ferries for ₹226.18 crore, enhancing its portfolio in the transport sector.
GRSE Wins Major Contract for Hybrid Ferries - 19 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd has secured a Rs 226 crore contract to build 13 hybrid ferries for the West Bengal government, enhancing sustainable transport on the River Hooghly.
Garden Reach Reports Strong Q2 Results Amid Mixed Sentiment - 15 Nov, 2024
Garden Reach Shipbuilders reported a 21.11% profit increase in Q2 2024, with revenue rising 28.4%. Despite strong performance, analysts have mixed views on the stock's future.
Garden Reach Reports Strong Q2 FY25 Financials - 14 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd announced impressive Q2 FY25 results, with a 21.1% increase in profit and a 28.4% rise in revenue, leading to a share price surge.
GRSE Reports Strong Q2 Results Amid Stock Volatility - 13 Nov, 2024
Garden Reach Shipbuilders & Engineers (GRSE) reported a 21% increase in net profit to ₹98 crore and a 28% rise in revenue for Q2 FY25. Despite strong results, shares fell over 4% ahead of the announcement, reflecting market volatility and investor caution.
Damani Exits Stake in Garden Reach Shipbuilders - 07 Nov, 2024
Rakesh Damani, previously holding a 1.09% stake in Garden Reach Shipbuilders, is no longer listed in the September shareholding, indicating a potential exit or reduction below disclosure threshold.
GRSE Begins Construction of Next-Gen Patrol Vessels - 06 Nov, 2024
Garden Reach Shipbuilders and Engineers has commenced construction by laying the keels for two Next Generation Offshore Patrol Vessels for the Indian Navy, with delivery expected in 44 months.
GRSE Advances Shipbuilding with New Warships - 05 Nov, 2024
Garden Reach Shipbuilders & Engineers Ltd laid the keels for two next-generation offshore patrol vessels for the Indian Navy. Despite a 45% drop from record highs, analysts remain optimistic with price targets suggesting potential growth.
NPOL Contracts GRSE for Acoustic Research Ship - 01 Nov, 2024
The Naval Physical and Oceanographic Laboratory (NPOL) has signed a ₹490.98 crore contract with Garden Reach Shipbuilders and Engineers (GRSE) for the design and construction of an acoustic research ship.
GRSE Secures Major Contract, Shares Surge - 30 Oct, 2024
Garden Reach Shipbuilders & Engineers Ltd (GRSE) secured a ₹490.98 crore contract for an Acoustic Research Ship, boosting its order book to ₹25,231.29 crore. Following the announcement, GRSE shares rose significantly, reflecting strong investor confidence in the company's growth prospects.
GRSE Launches 7th Anti-Submarine Warfare Craft - 26 Oct, 2024
On October 25, 2024, Garden Reach Shipbuilders and Engineers launched the 7th ship in a series of 8 Anti-Submarine Warfare Crafts for the Indian Navy. GRSE has delivered 72 warships and has designed over 110, marking a significant contribution to India's naval capabilities.
Insights on Garden Reach Shipbuilders & Engineers Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 18.38% to 19.98% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Laxmipati Engineering Works Ltd has given 532.0% return, outperforming this stock by 22.3%
- NO EFFECT
Against Peers
In the last 1 year, Laxmipati Engineering Works Ltd has given 261.1% return, outperforming this stock by 187.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 74.50% of holdings in Sep 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 2.52% to 1.61% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.91% to 3.65% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, GRSE stock has moved down by -21.9%
Garden Reach Shipbuilders & Engineers Ltd Financials
Index Inclusions
Garden Reach Shipbuilders & Engineers Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.5% | 0.00 | |
| Foreign Institutions | 3.65% | ||
| Mutual Funds | 1.61% | ||
| Retail Investors | 19.98% | 8.73 | |
| Others | 0.26% |
Garden Reach Shipbuilders & Engineers Ltd Key Indicators
Garden Reach Shipbuilders & Engineers Ltd Earnings and Dividends
Garden Reach Shipbuilders & Engineers Ltd Earnings Results
Garden Reach Shipbuilders & Engineers Ltd’s net profit jumped 21.09% since last year same period to ₹97.77Cr in the Q2 2024-2025. On a quarterly growth basis, Garden Reach Shipbuilders & Engineers Ltd has generated 12.13% jump in its net profits since last 3-months.
Read More about Earnings ResultsGarden Reach Shipbuilders & Engineers Ltd Dividends May,2024
In the quarter ending March 2024, Garden Reach Shipbuilders & Engineers Ltd has declared dividend of ₹1.44 - translating a dividend yield of 0.73%.
Read More about Dividends
Garden Reach Shipbuilders & Engineers Ltd Technicals Summary
Bearish
Neutral
Bullish
Garden Reach Shipbuilders & Engineers Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Garden Reach Shipbuilders & Engineers Ltd (GRSE) share price today is ₹1381.65
Garden Reach Shipbuilders & Engineers Ltd is listed on NSE
Garden Reach Shipbuilders & Engineers Ltd is listed on BSE
- Today’s highest price of Garden Reach Shipbuilders & Engineers Ltd is ₹1424.9.
- Today’s lowest price of Garden Reach Shipbuilders & Engineers Ltd is ₹1377.6.
Today’s traded volume of Garden Reach Shipbuilders & Engineers Ltd(GRSE) is 3.94L.
Today’s market capitalisation of Garden Reach Shipbuilders & Engineers Ltd(GRSE) is ₹16143.24Cr.
| Garden Reach Shipbuilders & Engineers Ltd(GRSE | Price |
|---|---|
52 Week High | ₹2833.8 |
52 Week Low | ₹673.45 |
Garden Reach Shipbuilders & Engineers Ltd(GRSE) share price is ₹1381.65. It is down -51.24% from its 52 Week High price of ₹2833.8
Garden Reach Shipbuilders & Engineers Ltd(GRSE) share price is ₹1381.65. It is up 105.16% from its 52 Week Low price of ₹673.45
| Garden Reach Shipbuilders & Engineers Ltd(GRSE | Returns |
|---|---|
1 Day Returns | -27.6% |
1 Month Returns | -21.89% |
3 Month Returns | -21.77% |
1 Year Returns | 73.99% |