Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Ltd (GRSE) reported a 118.90% year-on-year growth in net profit, leading the Indian stock market and positioning itself for continued growth in the defense sector.

Garden Reach Shipbuilders & Engineers Ltd’s stock surged 18% on May 14, 2025, driven by a 61.7% year-on-year increase in revenue and a doubling of profits, solidifying its position as a leader in the defense shipbuilding industry.