Garden Reach

GRSE share price rises 4% on securing order worth Rs 491 crore from NPOL

The spike in GRSE share price was fuelled by a Rs 490.98-crore order win from Naval Physical & Oceanographic Laboratory, Gol, Ministry of Defence DRDO, Kochi

GRSE share price up 6% on securing contract worth Rs 491 crore from DRDO

The rise in GRSE share price was fuelled by a Rs 491-crore order win from Naval Physical & Oceanographic Laboratory, Gol, Ministry of Defence, DRDO, Kochi

Garden Reach Shipbuilders stock price rallies 11% on $54 million order win

The rise in stock price came after the company announced that it has secured an international order worth $54 million for the construction and delivery of four multi-purpose vessels of 7,500 DWT each

BEL bags Rs 2,673 crore order from Goa Shipyard, Garden Reach Shipbuilders

Bharat Electronics Limited (BEL) has bagged cumulative orders of worth Rs 25,935.15 crore till now in the current financial year, said the company

Midhani, Mazagon Dock, Cochin Shipyard rally up to 10% in a weak market

The defence procurement budget is likely to increase considerably for FY24E with the share of imports coming down further, according to analysts.

Garden Reach Shipbuilders IPO scrapes through after three-day extension

The initial public offer of state-owned Garden Reach Shipbuilders & Engineers has been fully subscribed Friday. The Rs 345-crore IPO received bids for 2,95,85,400 shares against the total issue size of 2,92,10,760 shares, reflecting 1.01 times subscription, data available with the NSE showed. The category reserved for qualified institutional buyers (QIBs) was subscribed 1.81 times, non institutional investors 30 per cent and retail investors 23 per cent. "BRLM (Book Running Lead Managers) to the Garden Reach Shipbuilders & Engineers Limited issue, has informed the exchange that the issue closure date has been extended up to 01 October, 2018. Price band has been revised from Rs 115-118 to Rs 114-118 per share," according to an update on NSE. The earlier issue closure date was September 26. IDBI Capital Markets & Securities Limited and YES Securities (India) Limited are managing the issue. Garden Reach is a ship building company under the administrative control of the ...