Garden Reach Shipbuilders

Garden Reach share price: The company reported a robust June quarter with double-digit growth in revenue, profit, and margins. The defence PSU’s stock has surged 52 percent this year, far outpacing the Nifty 50’s 2 percent gain

Weekly tactical pick: This defence company is poised for strong revenue growth

The company has a strong order pipeline, execution is improving, and there is higher earnings visibility

Garden Reach Shipbuilders shares slide for third day as retail, MF holdings dip in June

Garden Reach Shipbuilders & Engineers share price: Domestic mutual funds also marginally reduced their exposure, with their combined holding slipping to 1.4 percent in June.

GRSE shares up over 10 percent after emerging as L1 bidder for Rs 25,000 crore Naval warship contract

GRSE had said in the past the Corvette is a 'high-value' order, something which the shipyard is 'eagerly looking forward to'.

Shipbuilders GRSE, Cochin Shipyard soar up to 16 percent, powering Nifty Defence index on continued momentum

Shares of Mazagon Dock are higher by 23 percent in the last 30 days, while Paras Defence and Data Patterns have rallied by as much as 47 percent during this period.

Garden Reach Shipbuilders & Engineers shares surge 7% on MoU with Nagaland government; up 35% in a week

Beyond infrastructure projects, Garden Reach is making strides in naval shipbuilding. The company recently completed Contractor Sea Trials for two warships—Himgiri and Androth—both set to join the Indian Navy.

Shipbuilder Garden Reach confident of doubling export orders in a year, new shipyard plans on the anvil

The current orders with GRSE are spread across 40 naval platforms, and 95% of them are from the shipbuilding segment, a category where the shipyard company has increased its annual capacity to 24 ships this year.

Mazagon Dock, GRSE, other defence stocks gain as DAC greenlights procurements worth Rs 1.44 lakh cr

Defence stocks, including HAL and Mazagon Dock are in focus after the Defence Acquisition Council (DAC) approved major procurement projects worth Rs 1.44 lakh crore for the Armed Forces.

Garden Reach Shipbuilders shares zoom as company signs MoU with NHIDCL

The latest agreement will enhance connectivity in critical forward areas along India's borders, facilitating seamless troop and equipment deployment.

Garden Reach Shipbuilders Q1 net profit up 13% to Rs 87 crore

Despite the profit increase, the company’s net profit margin contracted to 8.64 percent from 10.14 percent year-on-year.

Mazagon Dock, SCI, other shipping stocks sink as Budget 2024 skips PLI, Maritime Fund announcement

Shipping stocks fell up to 3 percent as the Budget 2024 lacked significant sector-specific announcements, although reforms in ownership, leasing, and flagging were mentioned to boost the Indian shipping industry.

Shipping stocks rally as industry expects Maritime Development Fund, PLI scheme revival in Budget 2024

Shipping and shipbuilding stocks surged as investors anticipate the Union Budget 2024 will boost the sector with a revived PLI scheme, a maritime development fund, and green shipping initiatives.

GRSE, Mazagon Dock, Cochin Shipyard, other shipping stocks surge on hopes of higher budgetary allocation

Mazagon Dock, Cochin Shipyard, Shipping Corporation of India, Seamec, other shipping stocks were trading with gains of up to five percent amid expectations of positive announcements for the sector in the upcoming Union Budget on July 23.

Budget 2024: Shipping industry eyes revamped PLI scheme, green initiatives

Union Budget 2024: The shipping industry anticipates the Budget to greenlight revised PLI schemes, port modernization funding, green shipping incentives, and potential extensions of financial aid policies.

Mazagon Dock, Cochin Shipyard, other shipping stocks sail into uncharted waters with up to 17% surge

Shares of Mazagon Dock Shipbuilders Ltd. gained over 6 percent to hit a fresh record high of Rs 4,989.95 on the National Stock Exchange (NSE), pushing the company's market cap beyond Rs 1 lakh crore.

Garden Reach Shipbuilders stock hits record high on impressive Q4 show

The company's net profit doubled to Rs 112 crore during the quarter on an annual basis.

PSU shipbuilders sail strong; Cochin Shipyard, Mazagon Dock, others gain up to 5%

Expectations of better turnover in Q4 and full FY24, coupled with block deals, especially in Cochin Shipyard, have led to a strong rally in the PSU shipbuilding stocks, says A R Ramachandran of Tips2trades

Bulls rage in Mazagon Dock, Cochin Shipyard, Garden Reach Shipbuilders. What’s driving them

Shares of Garden Reach Shipbuilders & Engineers surged 10 per cent on back of two-fold jumps in average trading volumes on April 3.

Garden Reach Shipbuilders gains 2.5% on Q3 profit boost

Over the last one year, Garden Reach Shipbuilding stock gained over 88 percent and more than over eight times in the past five years

Mazagon Dock, Garden Reach, Cochin Shipyard at record high on strong growth outlook

Gains in the shipbuilding stocks are also followed by large deals in Cochin Shipyard and Mazagon Dock Shipbuilders on the bourses today.

Defence stocks take centre stage as series of order wins cheers investors

Shares of Bharat Electronics Ltd (BEL), Bharat Dynamics Ltd (BDL), Garden Reach Shipbuilders and Engineers (GRSE), Cochin Shipyard, and Paras Defence and Space Technologies settled 4-7 percent higher.

Cochin Shipyard, Garden Reach shares gain on winning big orders

In the last week of FY23, the Ministry of Defence (MoD) has approved a number of orders, benefitting PSUs such as BEL, BDL, GRSE, Cochin Shipyard and Goa Shipyard.

PSU shipbuilders: COVID impact to be marginal; earnings trajectory remains strong

Earnings grow higher for the state-owned shipbuilders -- Cochin Shipyard, Garden Reach Shipbuilders (GRSE) and Mazagon Dock Shipbuilders -- with project execution improving

Ideas For Profit | Mazagon Dock, Cochin Shipyard, or Garden Reach Shipbuilders; which shipbuilding company looks more compelling?

Here’s what we found during our deep dive into their individual businesses, opportunities, financials, and other aspects of valuations

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