Garden Reach Shipbuilders shines on signing Rs 32,000 crore contract with Indian Navy
Garden Reach Shipbuilders & Engineers is currently trading at Rs. 2078.75, up by 31.80 points or 1.55% from its previous closing of Rs. 2046.95 on the BSE.
The scrip opened at Rs. 2088.90 and has touched a high and low of Rs. 2,091.65 and Rs. 2,050.55 respectively. So far 528 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3338.90 on 29-Apr-2026 and a 52 week low of Rs. 1840.00 on 26-Oct-2026.
Last one week high and low of the scrip stood at Rs. 2,118.00 and Rs. 1880.20 respectively. The current market cap of the company is Rs. 23448.22 crore.
The promoters holding in the company stood at 74.50%, while Institutions and Non-Institutions held 5.17% and 20.32% respectively.
Garden Reach Shipbuilders & Engineers has signed a contract worth Rs 32,000 crore with The Indian Navy. The contract is for the construction of Five Next Generation Corvettes (NGCs), and is to be completed within 9 years 4 months from the date of receipt of first stage payment.
