India, Nov. 3 -- The shares of this small capo company majorly engaged in catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard, were in focus after securing securing large defence order

With the market capitalization of Rs. 25,190 Crores, the shares of Garden Reach Shipbuilders & Engineers Ltd reached an intraday high of Rs. 2,235 per share rising nearly over 9 percent from its previous day close of Rs. 2,046.80 per share and is trading at a P/E of 31.5 whereas industry P/E stands at 71.6

About the Contract Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a contract with the Indian Navy for the construction of five Next Generation Corvettes (NGCs), valued at approximately Rs.32,000 cror...