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Garden Reach Shipbuilders shares up 68% in April, set for best month on record after strong Q4
Brokerage firm DAM Capital expects FY27 to be peak revenue booking year for Garden Reach, followed by a slight moderation in FY28.
GRSE shares soar 16% after strong Q4; net profit jumps 24% YoY to Rs 303 crore
Shares of state-run Garden Reach Shipbuilders & Engineers (GRSE) rallied as much as 16% to their day’s high of Rs 3,339 on the BSE on Wednesday, after it reported a net profit of Rs 303 crore for the quarter ended March 31, 2026, up 24% from Rs 244 crore in the same period last year.
Q4 Results: Six stocks seeing the strongest reaction to their quarterly earnings
Shares of Garden Reach Shipbuilders Ltd., Bandhan Bank Ltd., Emmvee Photovoltaic Ltd., Star Health Insurance Ltd., CEAT and Canara HSBC Life Insurance Ltd. are six stocks that are seeing the strongest reaction to their fourth quarter results on Wednesday, April 29. The results were reported after market hours on Tuesday. Here's a look at these numbers:
Garden Reach Q4 profit, margins, revenue post healthy gains; ₹6.70 dividend declared
The board recommended a final dividend of ₹6.70 per equity share for FY2025-26. Shares of Garden Reach Shipbuilders & Enginers Ltd ended at ₹2,875.30, up by ₹21.80, or 0.76%, on the BSE today, April 28.
Here's why Zen Tech, other defence shares surged up to 11% in trade today
The Nifty India Defence Index is currently trading 1.3% higher, with stocks such as Data Patterns, Astra Microwave, Garden Reach Shipbuilders, MTAR Tech, trading with gains between 2.5% to 4%.
BEL, GRSE: Defence stocks fall after 17% rally amid Iran war; time to buy?
The recent up move in Nifty Defence reflects renewed buying after a long phase of consolidation, says Om Mehra, technical analyst at SAMCO Securities. The analyst is bullish on BEL, BDL and GRSE.
HAL, BEL, BDL, Zen Technologies to GRSE: Is defence the new IT for the Indian stock market? - Mint
HAL, BEL, BDL, Zen Technologies to GRSE: Is defence the new IT for the Indian stock market?Mint
Garden Reach Shipbuilders signs MoU with Bharat Forge arm for defence, maritime innovation
Garden Reach Shipbuilders & Engineers signed an MoU with Kalyani Strategic Systems Limited on March 5, 2026, to develop indigenous naval systems and enhance maritime defence technologies. GRSE shares rose ₹94.25 or 4.07% to ₹2,407.55 on BSE today, March 5.
Garden Reach Shipbuilders set for Navratna status as DPE clears proposal, final nod awaited
The Department of Public Enterprises has approved a proposal to grant Navratna status to state-run shipbuilder Garden Reach Shipbuilders & Engineers Ltd (GRSE). This move will provide GRSE with greater financial and operational autonomy, allowing for larger investments and quicker expansion.
HAL, Mazagon Dock, GRSE in focus as defence orders, aircraft demand pick up: PL Capital
Amit Anwani, Research Analyst, PL Capital said defence manufacturing, shipbuilding and aircraft production could see sustained order visibility, supported by replacement demand and domestic manufacturing focus.
BEL, GRSE, other defence shares rise up to 7% amid escalating West Asia conflict
Nifty Defence Index rose over 3 percent during the session, after advancing 2.5 percent in the previous trading session.