GRSE SHARES
Bitcoin slips to $73,300 after brief rebound above $74,500 as Fed tightening fears weigh on sentiment
Bitcoin slipped to $73,300 as rising expectations of a December Federal Reserve rate hike pressured crypto sentiment. Ethereum and major altcoins also declined, while inflation concerns, ETF outflows and options expiry heightened caution. Analysts expect macroeconomic data and Fed commentary to drive near-term market direction.
GRSE shares rise 2% after Q2 net profit climbs 12% YoY
GRSE shares rose on Thursday after the defence shipbuilder reported a 12% year-on-year increase in Q2 FY27 net profit to Rs 171.97 crore. Revenue grew 9% to Rs 1,827 crore, while EBITDA rose 13%. The company also highlighted key project milestones and infrastructure expansion during the quarter.
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone Idea
Indian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life insurance companies and Tata Power reported notable quarterly earnings results. HDFC Life and LIC showed healthy premium growth, while Tata Power recorded a record profit in Q2 FY27. Other companies like Cupid and Mishra Dhatu Nigam also reported impressive profit increases during the quarter.
GRSE Q2 Results: Net profit rises 12% YoY to Rs 172 crore, revenue up 9%
GRSE reported a 12% year-on-year rise in Q2 FY27 net profit to Rs 171.97 crore, compared with Rs 153.79 crore a year ago. Revenue from operations increased 9% to Rs 1,827 crore, while total expenses rose 8% to Rs 1,654 crore. Net profit margin improved to 9.47% during the quarter.
GRSE shares jump 9% after signing Rs 32,000 crore Indian Navy contract for five next-generation corvettes
GRSE shares surged nearly 9% after securing a Rs 32,000-crore Indian Navy contract to build five Next Generation Corvettes. The nine-year project will strengthen indigenous defence manufacturing, enhance maritime capabilities and reinforce GRSE's warship-building position, adding significantly to its order book and long-term business prospects.
Why Indian Navy is spending Rs 53,000 crore to buy 8 corvettes? How It will help India to defend India's 7000 km coastline from Pakistan to Bangladesh
Indian Navy will spend Rs 53,866 crore to acquire eight next-generation corvettes part of a wider effort to strengthen coastal defence and maritime security. With stealth features, multi-role warfare capabilities and over 70% indigenous content, the warships will add to India's expanding naval fleet.
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Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 points, Nifty declined 124 points, and BSE-listed companies lost Rs 3 lakh crore in market value.
Stocks in news: ONGC, Lloyds Metals, Canara Bank, Rays of Belief and GRSE
Indian stock markets closed higher on Monday, with the Nifty 50 and BSE Sensex gaining points. Several companies, including ONGC and Canara Bank, are expected to be active on Tuesday. ONGC announced a gas discovery in the Mahanadi Offshore Basin, while Canara Bank received a rating from Moody’s. Lloyds Metals and Energy approved capacity expansion, and Suryoday Small Finance Bank plans to raise funds.
Kaynes Tech, Wockhardt, Persistent Systems shares fall up to 5% as broader markets tumble. What lies ahead?
The stock market saw marked declines on Monday, particularly among smallcap and midcap shares. Persistent Systems and National Aluminium Company experienced prominent losses, contributing to the negative performance of the Nifty Midcap 100 and Smallcap 100 indices. Influenced by the Federal Reserve's remarks and increasing oil prices, investors are pivoting to prioritize growth opportunities over traditional value stocks.
GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?
GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater financial autonomy for expansion. Strong revenue and profit growth over recent years, along with capacity expansion plans, position the warship-maker for sustained long-term growth.
GRSE shares soar 20% to hit upper circuit. Here's why
Shares of Garden Reach Shipbuilders & Engineers jumped over 16% after the company reported a record FY26 turnover of Rs 6,400 crore, up 26% year-on-year. The strong performance was driven by a landmark year of deliveries, including eight vessels to the Indian Navy—the highest ever in a single fiscal—highlighting robust execution and order momentum.
GRSE shares rise over 2% after signing MoU with Bharat Forge arm. Here’s everything you need to know
GRSE share price: Garden Reach Shipbuilders & Engineers rose 2.3% after it signed an MoU with Kalyani Strategic Systems, a Bharat Forge subsidiary, to jointly develop indigenous naval and maritime defence technologies. The collaboration will focus on ship propulsion systems, unmanned platforms and advanced maritime solutions for domestic and global markets, supporting India’s defence indigenisation efforts.
GRSE shares to turn ex-dividend on Tuesday; Last day to buy for Rs 5.75 interim payout
Garden Reach Shipbuilders & Engineers shares will trade ex-dividend on November 11. Investors must buy before today to receive the Rs 5.75 interim dividend. This payout is from profits for the half-year ending September 30, 2025. GRSE is a Ministry of Defence undertaking. Other companies like Chambal Fertilisers and Chemicals also have ex-dividend dates.
GRSE shares rise 4%, up 8% in 2 sessions. What’s fuelling the rally?
Garden Reach Shipbuilders and Engineers Ltd (GRSE) saw its stock surge by 4% to an intraday high of Rs 2,786 on November 11. This rise followed the defence shipbuilder's strong financial performance for Q2FY26 and H1FY26, with profit after tax jumping 57% year-on-year to Rs 154 crore in the quarter.
Garden Reach Shipbuilders shares surge 6% after signing 5 new MoUs
GRSE share price: Garden Reach Shipbuilders & Engineers (GRSE) signed five MoUs with key players in shipbuilding, ports, and infrastructure, targeting green vessels, ship repair, port development, multimodal logistics, and ropeway connectivity. These collaborations aim to boost India’s shipbuilding capacity under the Maritime Amrit Kaal vision.
GRSE shares rally 5% after signing MoUs in Sweden and Denmark to boost marine systems, explore cruise segment
GRSE shares: In Sweden, GRSE signed a Memorandum of Understanding (MoU) with Berg Propulsion, a global leader in marine propulsion technology. This partnership aims to jointly develop and manufacture propulsion equipment and systems, combining the technical expertise of both firms.
GRSE shares hit 10% upper circuit after MoU with Norway’s Kongsberg for India’s first polar research vessel
Shares of Garden Reach Shipbuilders and Engineers (GRSE) surged 10% after signing an MoU with Norway’s Kongsberg for India’s first Polar Research Vessel. The deal marks a significant boost for GRSE amid its ongoing defence shipbuilding projects, including the Navy’s Next Generation Corvettes order.
GRSE shares jump 4% on emerging as L1 bidder for Rs 25,000 cr Indian Navy project
Garden Reach Shipbuilders & Engineers (GRSE) shares soared after securing the Lowest Bidder status for the Indian Navy's Next Generation Corvettes project, valued at over ₹25,000 crore. GRSE will be awarded five of the eight ships. However, Bangladesh cancelled a $21 million order for an ocean-going tug amid rising tensions between the two nations.
GRSE shares zoom 18% after profit more than doubles YoY in Q4
GRSE Share Price: Garden Reach Shipbuilders & Engineers (GRSE) shares rallied 18% on Wednesday after the company announced a significant surge in its Q4FY25 net profit. The company's profit after tax (PAT) rose 118% year-on-year to Rs 224 crore. Revenue from operations also grew substantially. GRSE declared a dividend of Rs 4.90 per share. The company's Chairman expressed confidence in continued strong performance. GRSE's stock has shown impressive gains over the past year.
GRSE shares rise 5% on deal with German firm for 2 multi-purpose vessels
GRSE Share Price: Shares of Garden Reach Shipbuilders and Engineers (GRSE) surged up to 5% following the signing of a contract with Carsten Rehder for the construction and delivery of the 7th and 8th Multi-purpose Vessels in Germany. This is part of a larger deal for a total of eight vessels valued at approximately 108 million USD.
Garden Reach Shipbuilders signs MoU with PWD Nagaland for modular steel bridges, shares soar
Garden Reach Shipbuilders & Engineers shares surged 8.5% after signing a pact with PWD Nagaland to provide eight double-lane modular steel bridges, aligning with the Make in India initiative. The MoU, signed in Kohima, marks GRSE's first collaboration with a North Eastern state, and follows previous deliveries to organizations and countries such as Bhutan, Nepal, Myanmar, Sri Lanka, and Bangladesh.
GRSE shares rally 6% after signing MoU with Nagaland PWD for modular steel bridges
GRSE announced on Thursday through an exchange filing that it will supply eight sets of double-lane modular steel bridges to Nagaland, supporting the government's Make in India initiative for regional development. The MoU was signed on March 19 in Kohima, Nagaland.
GRSE shares rally 4% after Q3 PAT rises 11% YoY, revenue jumps 38%
Garden Reach Shipbuilders Engineers (GRSE) reported an 11% YoY growth in net profit to Rs 98 crore for December 2024. Revenue jumped 38% YoY to Rs 1271 crore. An interim dividend of Rs 8.95 per share for FY 2024-25 was approved. Meanwhile, GRSE shares declined 5.3% on Monday.
GRSE shares surge up to 7% on signing of MoU with NHIDCL
GRSE stock surged by up to 7% after Garden Reach Shipbuilders & Engineers signed an MoU with the National Highway Infrastructure Development Corporation. The agreement involves the construction and delivery of Double-Lane Class 70 Modular steel & Bailey bridges, enhancing connectivity along India's borders.
Mazagon Dock, GRSE shares fall up to 12% in 3 days. Here’s why
GRSE Share Price: Shares of Mazagon Dock Shipbuilders and Garden Reach Shipbuilders fell sharply after ICICI Securities predicted significant downside risks. The brokerage firm cited stock overvaluation and potential order execution challenges, influencing investor sentiment negatively.
GRSE Q1 results: PAT jumps 14% YoY, revenue up 33%
GRSE reported a 14% rise in profit after tax for the June quarter, alongside a revenue increase and improvements in the debt-equity ratio
GRSE shares jump 8% after signing construction contract with Bangladesh government
Shares of Garden Reach Shipbuilders & Engineers (GRSE) surged 8% to reach a new all-time high of Rs 2,268 on the BSE on Monday following the announcement of securing a contract to build an advanced ocean-going tug for the Government of Bangladesh. The project, valued at approximately $21 million, is expected to be completed within 24 months.
GRSE shares surge 20% after posting doubling Q4 profit but ICICI Securities screams sell
Shares of PSU defense company Garden Reach Shipbuilders (GRSE) experienced a significant surge of 20% on the BSE on Thursday, reaching a new all-time high of Rs 1,424.80. This surge followed the company's announcement of a remarkable 104% year-on-year (YoY) increase in its net profit to Rs 112 crore.
PSU defence stocks on fire! GRSE, Cochin Shipyard zoom up to 19%. Here's why
Shares of warship maker GRSE rallied 19% to hit a new 52-week high of Rs 781 on BSE after the company reported its best-ever net profit of Rs 77 crore in the June quarter. The firm saw a 54% rise in net profit as compared to the Rs 50 crore it reported in the year-ago period.
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