GRSE

GRSE is a defence-shipbuilding and engineering company (a PSU under the Ministry of Defence) based in Kolkata, India. It builds naval warships, support vessels, etc. It has been winning significant defence orders (e.g., reported as low‐bidder for next generation corvettes) which drives its future backlog. The business has both strategic importance (defence) and a cyclical / project-execution risk (shipbuilding takes time, margins depend on execution). Valuation metrics: P/E ratio 52.26×. P/B ratio 14.08×. 52-week low ₹1,184.90 and 52-week high ₹3,538.40. Market capitalization ₹29,281.78 crore.