New Delhi, April 29 -- Garden Reach Shipbuilders & Engineers (GRSE) share price skyrocketed 15% on Wednesday, 29 April, after posting strong financial results for the quarter ending on March 31, 2026.

The defence stock opened at Rs.3,100 apiece today, as compared to previous close of Rs.2,875.30 on Tuesday. The stock touched an intraday high of Rs.3,339 per share on 29 April.

On Tuesday, Kolkata-based defence PSU company reported a 24% year-on-year *YoY) increase in net profit for Q4FY26 at Rs.303.19 crore, compared with Rs.244.2 crore in the same period last year

The company's revenue rose 29% to Rs.2,119 crore from Rs.1,642 crore a year ago. EBITDA surged 61% to Rs.355 crore in the March quarter, up from Rs.221 crore in the correspon...