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Stock Alert: Sun Pharma, GRSE, GE Power, Goodluck India, Zaggle Prepaid, Texmaco Rail - Business Standard
Stock Alert: Sun Pharma, GRSE, GE Power, Goodluck India, Zaggle Prepaid, Texmaco RailBusiness Standard
Kolkata-based Defence PSU GRSE lays keel for 4th vessel in German MPV project
Garden Reach Shipbuilders and Engineers in Kolkata has laid the keel for the fourth multi-purpose vessel. This is part of a large order for German shipping company Carsten Rehder. The project marks a significant expansion for GRSE into the global commercial shipbuilding market. The vessels are advanced CORAL 7500 DWT multi-purpose ships. This contract highlights GRSE's growing international presence.
IndiGo may see near-term pressure; Eternal upside limited: Dharmesh Kant
Dharmesh Kant, Head Research at Chola Securities, outlined a mixed sector view. He expects a temporary impact on InterGlobe Aviation due to fuel costs but sees structural strength supporting recovery. On Eternal, he flagged execution risks in expansion and margin assumptions despite near-term valuation support. In defence, he prefers Mazagon Dock Shipbuilders over Garden Reach Shipbuilders & Engineers, citing a strong order pipeline and potential gains from a large submarine contract. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.