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GRSE gains on launching fifth FPV for Indian Coast Guard in Kolkata

13 Aug 2019 Evaluate

Garden Reach Shipbuilders and Engineers is currently trading at Rs. 134.85, up by 1.05 points or 0.79% from its previous closing of Rs. 133.75 on the BSE.

The scrip opened at Rs. 136.45 and has touched a high and low of Rs. 137.00 and Rs. 133.60 respectively. So far 11274 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 141.50 on 01-Aug-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. 137.95 and Rs. 128.00 respectively. The current market cap of the company is Rs. 1547.60 crore.

The promoters holding in the company stood at 74.50%, while Institutions and Non-Institutions held 18.82% and 6.68% respectively.

Garden Reach Shipbuilders and Engineers (GRSE) has launched the Fifth Fast Patrol Vessel (FPV) for the Indian Coast Guard at Raja Bagan Dockyard Unit of GRSE in the state of Kolkata. This ship, to be commissioned as ICGS Kanaklata Barua, is the last in the series of Five FPVs built by GRSE.

This ship is 50M long, 7.5M wide and has a displacement of around 308 Tons. These FPVs are designed for a maximum speed of 34 knots with an endurance of more than 1500 nautical miles. These vessels come with an efficient hull form developed in-house and proven after extensive model testing.

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.

Garden Reach Ship Share Price

2525.20 -12.70 (-0.50%)
13-Apr-2026 16:59 View Price Chart
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