Garden Reach Shipbuilders & Engineers is currently buying and selling at Rs. 104.20, up by way of nine.55 points or 10.09% from its preceding final of Rs. Ninety four.65 at the BSE.

The scrip opened at Rs. 103.Ninety and has touched a high and coffee of Rs. 113.50 and Rs. 103.90 respectively. So far 17832 stocks were traded at the counter.

The BSE group ‘B’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 113.50 on 30-Apr-2019 and a fifty two week low of Rs. Seventy seven.00 on 26-Oct-2018.

Last one week high and occasional of the scrip stood at Rs. 113.50 and Rs. 92.20 respectively. The contemporary market cap of the employer is Rs. 1191.34 crore.

The promoters keeping in the company stood at 74.50%, even as Institutions and Non-Institutions held 22.27% and three.23% respectively.

Garden Reach Shipbuilders and Engineers (GRSE) has received agreement worth Rs 6,311 crore from the Defence Ministry to construct 8 anti-submarine war shallow water crafts for Indian Navy. The organisation emerged as the successful bidder for layout, production and supply of the eight ships.

The present Project will further consolidate GRSE’s role as a unique shipyard with all round capability to design and build Anti-Submarine Warfare Shallow Water Crafts (ASWSWC) warships with cutting-edge generation.