Garden Reach Shipbuilders & Engineers is currently trading at Rs. 104.20, up by 9.55 points or 10.09% from its previous closing of Rs. 94.65 on the BSE.
The scrip opened at Rs. 103.90 and has touched a high and low of Rs. 113.50 and Rs. 103.90 respectively. So far 17832 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.50 on 30-Apr-2019 and a 52 week low of Rs. 77.00 on 26-Oct-2018.
Last one week high and low of the scrip stood at Rs. 113.50 and Rs. 92.20 respectively. The current market cap of the company is Rs. 1191.34 crore.
The promoters holding in the company stood at 74.50%, while Institutions and Non-Institutions held 22.27% and 3.23% respectively.
Garden Reach Shipbuilders and Engineers (GRSE) has received contract worth Rs 6,311 crore from the Defence Ministry to build eight anti-submarine warfare shallow water crafts for Indian Navy. The company emerged as the successful bidder for design, construction and supply of the eight ships.
The present Project will further consolidate GRSE's position as a unique shipyard with all round capability to design and build Anti-Submarine Warfare Shallow Water Crafts (ASWSWC) warships with state-of-the-art technology.
Garden Reach Shipbuilders & Engineers is a ship-building 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.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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