Garden Reach Shipbuilders & Engineers Ltd Results

India’s Defence Stocks Surge as Israel-Iran Conflict Escalates

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Garden Reach Shipbuilders, Zen Technologies, and Cochin Shipyard saw their stock prices rise between 4% and 6% during Friday’s trade.

GRSE to Build Two Research Vessels for Geological Survey of India

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These ships are being developed specifically for research and exploration along India’s maritime borders.

GRSE Partners with Berg Propulsion and SunStone for Marine Projects

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SunStone deal is aimed at future cooperation in designing and possibly building expedition cruise vessels ships used for adventure tourism and remote sea travel.

Garden Reach inks MoI for four multi-purpose vessels

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As per its filing, the business also entered into a memorandum of intent with Carsten Rehder Schiffsmakler und Reederei.

Cochin Shipyard shares rally ~7% in line with defence stocks

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Defence stocks witnessed a rally despite a dim market sentiment, adding over 1% in Nifty India Defence index. This marks a third straight session of gains.

Garden Reach Signs MoU With Norway’s Kongsberg for India’s First Polar Research Vessel

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Under this MoU, Kongsberg will provide the design framework and technical inputs required to develop the PRV.

Garden Reach emerges as lowest bidder for ₹25,000 Crore project

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The company also stated that it plans to expand its shipbuilding capacity from 24 to 28 ships by the end of FY 2025.

Garden Reach logs 118.90% y-o-y growth in Q4 net profit

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The company said that for FY25, its board of directors recommended a final dividend of ₹4.90 per equity share.

Top Stocks for Today - 14th May 2025

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Here are some of the stocks that may see significant price movement today: Bharti Airtel, Garden Reach Shipbuilders, etc.

GRSE, SWAN Defence Ink MoU to Boost Commercial Shipbuilding

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This collaboration supports Government of India initiative of 'Aatmanirbhar Bharat' that promotes indigenous manufacturing-led self-reliance in strategic areas including shipbuilding.