Today, on 30th April 2025, the GRSE Share Price (Garden Reach Shipbuilders and Engineering) has been undergoing a decline. Analysts believe that sector-specific issues, broader market uncertainties, profit booking, the company’s technical indicators, and general market sentiment could affect the stock drop.
GRSE Share Price in Today’s Market
Today, GRSE’s shares opened to the market at Rs. 1,980.00, compared to the previous session’s close of Rs. 1,957.80. At 10:30 a.m., GRSE’s share price is Rs. 1898.40, nearly 3.23% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 21,761 cores; the UC Limit is 2,349.30, and the LC Limit is 1,566.30.
Company Financials
According to the data, GRSE’s income increased by 37.69% to Rs. 1,271.01 crore from Rs. 923.10 crore in the previous fiscal year. In Q3 of FY 2024–2025, the net profit after tax (PAT) increased 11% year-over-year to Rs. 98 crore. For FY 24–25, GRSE also announced an interim dividend of Rs. 8.95 per share.
Recent News About GRSE
- GRSE may release its fourth-quarter statements in May.
- As part of its commitment to strengthening India’s marine defence capabilities, GRSE laid the keel for the fourth NGOPV (Yard 3040) on 25th April.
- Two warships, Himgiri and Androth, which are both scheduled for induction into the Indian Navy, had their Contractor Sea Trials finished by GRSE in the middle of March.
- These tests highlight GRSE’s contribution to strengthening the country’s navy.
GRSE Share Price Target
According to experts’ predictions on Trendlyne, Garden Reach Shipbuilders & Engineers Ltd. has an average target of 515. The consensus estimate represents a downside of -72.82% from the last price of 1895.
Should You Buy, Sell, Or Hold?
Most analysts on Trendlyne recommend selling GRSE’s shares. On MoneyControl, 50% of experts support buying, and 50% suggest selling the shares. Before investing in GRSE, consider its long-term performance and consult your analyst to make the perfect move.
