GRSE

surging. What's coming?

Garden Reach Shipbuilders & Engineers

, rallied sharply on strong earnings momentum and defence sector tailwinds. Q1 FY26 profit jumped ~38% YoY with revenue up ~30%, supported by a robust order book. The company is also in the race for the ₹25,000 cr Next Generation Corvette project for the Indian Navy, adding to its growth visibility. Dividend declaration and strong volumes further boosted sentiment. With rising government focus on indigenisation and shipbuilding, GRSE remains a key structural defence play 📈.