GRSE Share Price Target – Garden Reach Shipbuilders & Engineers (GRSE) is a renowned shipbuilding company in India. It was founded in 1884 and specializes in manufacturing warships and other vessels for the Indian Navy. In recent years, GRSE has demonstrated consistent development, and its name has become more well-known among investors. In this blog, we will analyze potential price objectives for GRSE shares from 2024 to 2030.
About the Company- Garden Reach Shipbuilders & Engineers Ltd
Garden Reach Shipbuilders & Engineers Limited. This corporation specializes in shipbuilding. This corporation makes naval ships, tankers, and a variety of other things. It was created in 1884, and its headquarters are in Kolkata.
Garden Reach Shipbuilders & Engineers Ltd. is a shipbuilding company. The business segments that comprise its operations include Ship, Base and Depot Spares (B&D Spares), Engineering, Engine, and Others. The Ship section includes building ships and other vessels that result from customer contracts, including modifications made both during the building phase and after the ship is delivered in response to client needs. As per the conditions of the contract, the B&D Spares segment delivers ship and machinery spare parts to the customer’s location.
Overview of GRSE Share Price
- Open – 1,585.00
- High – 1,587.60
- Low – 1,489.05
- Mkt cap – 17.23KCr
- P/E ratio – 46.87
- Div yield – 0.62%
- 52-wk high – 2,833.80
- 52-wk low – 648.30
GRSE Share Price Target 2024 To 2030
Year | Share Price Target |
2024 | โน2507 |
2025 | โน3496 |
2026 | โน4164 |
2027 | โน5887 |
2028 | โน6748 |
2029 | โน7706 |
2030 | โน8819 |
How to purchase ย GRSE Share Price
You can acquire GRSE shares through a variety of buying and selling platforms, including Zerodha, Upstox, Groww, and Angel One.
Peer Companies of GRSE
GRSE has competition from a number of notable companies in the shipbuildin area, including:
- Mazagon Dock Ship
- Cochin Shipyard
- Knowledge Marine & Engineering Works Ltd.
- VMS Industries
- Laxmipati Engineering
Investor type & Ratios for GRSE Share
2024 | |
Promoters | 74.5% |
FIIs | 3.91% |
DIIs | 3.2% |
Public | 18.38% |
Otherย | 0% |
Investors continue to have high hopes for GRSE. A rise in share price is anticipated as a result of the company’s strong performance and government assistance. GRSE is a dependable and expanding business with a promising future. GRSE’s share price is anticipated to increase between 2024 and 2030 due to the company’s solid financial results, project success, and expanding demand in the military industry. Investors ought to keep an eye on the company’s progress and modify their plan of action in response to changes in the market.
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