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GRSE Says Rs 33,000 Crore Navy Corvette Contract Could Be Signed This Quarter
Garden Reach Shipbuilders said price negotiations for the Navy's Next Generation Corvette programme have been completed, with contract signing now expected in the current quarter.
GRSE Flags Rs 1.5 Lakh Crore Defence Orders Pipeline Beyond Corvette Project
State-run Garden Reach Shipbuilders said several Navy and Coast Guard tenders could move ahead over the next few months, including the Rs 70,000 crore P17 Bravo programme.
Defence stocks: HAL, GRSE, Apollo Micro gain up to 3% in weak market
The Nifty India Defence index hit an intra-day high of 9,093.20, up 1.3 per cent on the NSE in intra-day deals, and was inching towards its 52-week high of 9,159.55 touched on June 24, 2025.
Gainers & Losers: GRSE, Vedanta among 8 big movers on Wednesday
Indian markets closed higher led by auto, FMCG, and IT stocks. Strong Q4 earnings drove gains in GRSE, CEAT, and Vedanta, while REC, Cohance Lifesciences, and India Cements declined.
Sensex Today Rallies 609 Points | Nifty Above 24,150 | Garden Reach Shipbuilders & Engineers Up 12% - Equitymaster
Sensex Today Rallies 609 Points | Nifty Above 24,150 | Garden Reach Shipbuilders & Engineers Up 12%Equitymaster
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.
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.