GRSE rises on launching ocean going passenger and cargo ferry vessel for Cooperative Republic of Guyana
Garden Reach Shipbuilders and Engineers is currently trading at Rs. 220.50, up by 0.55 points or 0.25% from its previous closing of Rs. 219.95 on the BSE.
The scrip opened at Rs. 215.05 and has touched a high and low of Rs. 226.20 and Rs. 214.30 respectively. So far 16182 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 332.85 on 22-Apr-2022 and a 52 week low of Rs. 180.80 on 11-Aug-2021.
Last one week high and low of the scrip stood at Rs. 234.20 and Rs. 214.30 respectively. The current market cap of the company is Rs. 2541.91 crore.
The promoters holding in the company stood at 74.50%, while Institutions and Non-Institutions held 12.23% and 13.27% respectively.
Garden Reach Shipbuilders and Engineers (GRSE) has launched Ocean Going Passenger and Cargo Ferry Vessel for the Cooperative Republic of Guyana. With this launching, yet another feather was added to GRSE’s cap, as it became the first shipyard in India to have designed and launched a ship for the Co-operative Republic of Guyana, a Latin American Country.
Garden Reach Shipbuilders & Engineers is a shipbuilding company in India under the administrative control of the MoD and primarily adhere to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.