Why GRSE Share Price Zoomed 157% Since March 2025.

Garden Reach Shipbuilders & Engineers (GRSE), a key defence PSU, has seen its share price shoot up from ₹1,180 (March 3) to ₹3,031 — a 157% jump in under 3 months. Here's why it's rallying: Strong Q4 Results (Jan–Mar 2025) • Revenue rose 62% YoY to ₹1,642 crore • Profit after tax jumped 118% to ₹244 crore • EBITDA doubled to ₹335 crore High execution + efficient cost control = big gains Massive ₹25,000 Cr Navy Order On May 22, GRSE became the L1 bidder (lowest bidder) for 5 Next Gen Corvettes from the Indian Navy, part of a mega ₹40,000 crore project. This will significantly boost future revenue. Strong Order Book • As of March-end: ₹22,680 crore • Includes 40 platforms like warships, patrol vessels, survey ships • Upcoming mega projects worth over ₹1.5 lakh crore in pipeline About GRSE • Builds warships for Indian Navy & Coast Guard • Also makes commercial vessels, marine engines, and bridges • Delivered over 100 warships till date • Based in Kolkata under Ministry of Defence GRSE is rising on strong earnings + future order visibility + defence push.