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GRSE shines on delivering final ship in Fast Patrol Vessels' series to Indian Coast Guard

10 Jun 2020 Evaluate

Garden Reach Shipbuilders & Engineers is currently trading at Rs. 154.55, up by 3.90 points or 2.59% from its previous closing of Rs. 150.65 on the BSE.

The scrip opened at Rs. 154.10 and has touched a high and low of Rs. 156.05 and Rs. 153.65 respectively. So far 1510 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 249.40 on 04-Nov-2019 and a 52 week low of Rs. 105.30 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 165.00 and Rs. 146.00 respectively. The current market cap of the company is Rs. 1725.73 crore.

The promoters holding in the company stood at 74.50%, while Institutions and Non-Institutions held 18.14% and 7.36% respectively.

Garden Reach Shipbuilders and Engineers (GRSE) has delivered ICGS Kanaklata Barua, the fifth and final ship in the series of Fast Patrol Vessels (FPV) for the Indian Coast Guard. This is the 105th vessel delivered by the Defence PSU shipyard based on the banks of river Hooghly.

The company had earlier made deliveries of FPVs ICGS Priyadarshini, ICGS Annie Besant and ICGS Amrit Kaur in this series to the Indian Coast Guard. The fourth ship in the series of FPVs is earmarked for export delivery to the Seychelles Coast Guard and is likely to be delivered shortly after completing the related formalities.

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.

Garden Reach Ship Share Price

2667.65 -44.45 (-1.64%)
20-Apr-2026 16:59 View Price Chart
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