Grse

Shipping poised for major Atmanirbhar push as Cabinet may weigh three schemes worth Rs 70,000 crore

Select shares from the shipping sector, namely SCI, GRSE and Mazagon Dock are sharply higher in anticipation of further push by the government which has been increasingly looking to boost shipping and shipbuilding activities in India, both for domestic market as well as for exports.

GRSE inks $62.4-million contract with Germany's Carsten Rehder for building 4 vessels

The 120-metre-long and 17-metre-wide vessels will feature battery-assisted hybrid propulsion, improved fuel efficiency, and flexible cargo handling systems

Incentive for shipbreaking on the anvil, select shipping and shipyard stocks abuzz on Centre's global ambitions

MoS for Ports and Shipping, Shantanu Thakur said India has plans to add 10 world-class shipyards in the next five years, supported by public-private partnerships and international collaborations. The Shipping Ministry has plans to develop new shipbuilding clusters of 1-1.2 million Gross Tonnage (GT) each.

GRSE: Does the stock valuation justify a long voyage?

The company is poised for robust growth and expansion

GRSE, BEML, other defence shares rise up to 3% as investors buy the dip after slump in 7 out of 8 sessions

On August 4, Nifty India Defence index was trading 1.56% higher after falling nearly 8% in the last eight sessions

Another indigenous warship joins Navy as GRSE hands over BrahMos-equipped frigate Himgiri

Launched in December 2020, Himgiri is equipped with a powerful weapons package, including BrahMos cruise missiles for land and sea strike roles and Barak 8 surface-to-air missiles for air defence.

Defence stocks extend losses to third day on profit-booking; GRSE, Cochin Shipyard, BDL fall up to 4%

The defence stocks saw significant rally earlier this year, but analysts now flag high valuations.

Defence stocks extend losses to 2nd day as Israel-Iran ceasefire weighs; Paras Defence, GRSE, BEL down up to 4%

Defence stocks: 'Further profit-taking appears likely and would be considered healthy, given the significant rally in recent weeks,' says Ajit Mishra from Religare Broking.

GRSE: Strong order pipeline, expansion into greenfield ventures to support future growth

The company is set to benefit from ongoing project deliveries and is aggressively bidding for new orders

Bharat Electronics shares hit record high on Rs 2,323-crore order wins from Mazagon Dock, GRSE

Bharat Electronics share price: The stock has seen significant surge in recent days, jumping nearly 25% in the past one month. The stock has gained over 34% so far in 2025, and over 51% in the past one year.

Garden Reach shares jump 5%, hit record high on pact with German firm to build multi-purpose cargo vessels

Garden Reach share price: The upcoming vessels will feature hybrid propulsion technology and be built to meet advanced cybersecurity standards.

Nifty Smallcap 100 rises for a third day to add Rs 17,000 crore to market value this week

The smallcap index ended in the green on seven out of past eight sessions, with the combined market capitalisation higher by over Rs 50,000 crore since May 23.

Defence stocks GRSE, Cochin Shipyard, others rise for a third day as Op Sindoor ruboff extends on orderbook hopes

The Nifty Defence index has ended in the green in 10 out of the past 11 sessions, and the m-cap of the index has jumped by Rs 48,700 crore since May 21.

Paras Defence, BEL, other defence stocks extend gains for 2nd day, surge up to 14% ahead of Cabinet meet tomorrow

Defence stocks rallied for the second straight session on Tuesday, with several shares surging up to 14 percent on heightened tensions along the India-Pakistan border.

Govt 's FY26 disinvestment push likely to feature OFS in Coal India, LIC, RVNL, GRSE

After a successful Rs 5,000-crore OFS in Mazagon Dock Shipbuilders at the start of FY26, Centre lines up stake sale in more PSUs to drive non-tax revenues

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.

Garden Reach Shipbuilders: Strong order pipeline to support higher valuations

The company has a strong earnings visibility and its execution track record is impressive

GRSE, Apollo Micro partner to develop, co-produce underwater weapons and communication systems

The partnership between Garden Reach and Apollo Micro is to develop underwater weapons and vehicles, air defence systems, advanced electronic systems for defence as well as non-defence industries.

Gainers & Losers: Stocks that moved the most on December 6

The mid and small-cap indices jumped 0.3 and 0.6 percent, respectively, marking an impressive 10-day streak of outperformance.

Garden Reach Shipbuilders surges 6% on lowest bid of Rs 500 cr for DRDO contract

GRSE, which rebounded strongly post the election result meltdown, has recovered most of its losses, backed by optimism around government policies and its focus on defence indigenisation

Defence Engineering quartet: Execution does not match up with expectations

Defence PSUs are notorious for delayed or slow execution, but revenue visibility will support stock prices

GRSE earns Rs 1,654-crore revenue from operations in 1st half of 2023-24

The Kolkata-headquartered warship builder earned a profit before tax (PBT) of Rs 209 crore, while the profit after tax (PAT) was Rs 157 crore, a 45 per cent rise over the first half of 2023-24, GRSE said in a press statement.

GRSE: Strong orders, improving execution to support earnings-led recovery

In fiscal 2023, the company’s revenue grew by 46%. In fiscal 2024, it is expected to be even better. In fact, in the first quarter of FY24 itself, the company has reported a good 30.4% growth.

GRSE signs pacts with global firms for hydrogen fuel cell ferry and medium-speed engines

This marks GRSE’s first extensive foray into commercial shipbuilding after pioneering public-private partnerships in the warship-building sector in India.