Garden Reach Shipbuilders & Engineers is at present buying and selling at Rs. 2538.05, up by 130.50 factors or 5.42% from its earlier closing of Rs. 2407.55 on the BSE.
The scrip opened at Rs. 2446.95 and has touched a excessive and low of Rs. 2548.00 and Rs. 2425.05 respectively. So far 93349 shares have been traded on the counter.
The BSE group ‘A’ inventory of face worth Rs. 10 has touched a 52 week excessive of Rs. 3535.00 on 23-Jun-2025 and a 52 week low of Rs. 1284.55 on 13-Mar-2025.
Last one week excessive and low of the scrip stood at Rs. 2548.00 and Rs. 2300.55 respectively. The present market cap of the corporate is Rs. 28959.89 crore.
The promoters holding within the firm stood at 74.50%, whereas Institutions and Non-Institutions held 4.60% and 20.90% respectively.
Garden Reach Shipbuilders & Engineers (GRSE) has signed a Memorandum of Understanding (MoU) with Kalyani Strategic Systems (KSSL) to collectively develop and promote indigenous options for superior naval programs, unmanned platforms, and different strategic maritime capabilities for home and world markets.
The partnership envisions collaborative efforts to ship indigenous options throughout a broad spectrum of maritime and defence programs, encompassing ship propulsion and mechanical programs for each naval and industrial vessels, built-in platform administration programs, steering and stabilizer assemblies, deck gear, in addition to unmanned platforms, together with Unmanned Surface Vessels (USVs) and Autonomous Underwater Vehicles (AUVs). The collaboration will even search to establish and pursue alternatives inside India and in different mutually agreed worldwide markets.
This collaboration is predicted to mix GRSE’s in depth experience in shipbuilding and maritime engineering with KSSL’s capabilities as a number one defence OEM within the design and manufacture of superior defence platforms and programs. The partnership will additional contribute to strengthening the nationwide imaginative and prescient of Atmanirbharta by selling indigenisation, technological collaboration, and enhanced capabilities in defence and maritime programs.
