Garden Reach Shipbuilders & Engineers Limited (GRSE.BO)
Garden Reach Shipbuilders & Engineers Limited operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Kolkata, WB, IN. The stock last traded at $2625.60, down 0.25% on the session, giving a market capitalisation of $300.65B. Its beta of 0.69 implies it has historically moved less than the broad market.
Garden Reach Shipbuilders & Engineers Limited (GRSE) is a prominent Indian enterprise primarily engaged in the design and construction of warships. Its extensive portfolio of naval vessels includes frigates, anti-submarine warfare corvettes, missile corvettes, landing ship tanks (LSTs), landing craft utilities (LCUs), and a diverse range of patrol vessels such as fast patrol vessels (FPVs), offshore patrol vessels (OPVs), inshore patrol vessels (IPVs), and water jet fast attack craft. GRSE also constructs survey vessels, fleet replenishment tankers, hovercrafts, and fast interceptor boats. These advanced vessels are supplied to the Indian Navy, the Indian Coast Guard, and various other government entities. Beyond its shipbuilding activities, GRSE manufactures a variety of marine engineering products. These include portable bridges, diverse deck machinery items (like anchor capstans, anchor windlasses, mooring and dock capstans), various general-purpose and specialized davits (e.g., ammunition, electric boat, electro-hydraulic, survey motorboat, hydrographic), oceanographic winches, and anchor cum general-purpose winches for beaching operations. The company also provides helo traversing systems and a wide range of naval pumps. Furthermore, the company offers specialized services in the assembly, overhauling, and testing of marine diesel engines. Established in 1934, GRSE is headquartered in Kolkata, India.
Garden Reach Shipbuilders & Engineers Limited is most often compared with the following Industrials names: