Garden Reach Shipbuilders & Engineers Ltd.

NSE: GRSE | BSE: 542011

Mid-range Performer

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2601.60 -53.20 (-2.00%)

26.48% Fall from 52W High

731.4K NSE+BSE Volume

NSE 01 Jun, 2026 3:31 PM (IST)

29,801.8

Market Cap

High in industry

Beta 1Year

Very High Volatility

Garden Reach Shipbuilders & Engineers Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GRSE, BSE:542011 Garden Reach Shipbuilders & Engineers Ltd.

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Garden Reach Shipbuilders & Engineers Ltd.

13 May 2026

2601.60

-2.00%

Garden Reach Shipbuilders & Engineers

Hold: Garden Reach Shipbuilders ...

Target

ICICI Direct

About the stock: Garden Reach Shipbuilders & Engineers (GRSE) is a shipbuilding company in India under the administrative control of the Ministry of Defence (MoD), The company's extensive product range spans from Warships to Weapons', including Commercial ships, various Deck Machinery, Marine Diesel Engines, Naval...

Garden Reach Shipbuilders & Engineers Ltd. is trading above its 200 day SMA of 2549.5

Garden Reach Shipbuilders & Engineers Ltd.

12 Feb 2026

2601.60

-2.00%

Garden Reach Shipbuilders & Engineers

Hold: Garden Reach Shipbuilders ...

Target

ICICI Direct

ICICI Direct increased Hold price target of Garden Reach Shipbuilders & Engineers Ltd. to 3000.0 on 13 May, 2026.

Garden Reach Shipbuilders & Engineers Ltd.

12 Nov 2025

2601.60

-2.00%

Garden Reach Shipbuilders & Engineers

Hold: Garden Reach Shipbuilders ...

Target

ICICI Direct

Garden Reach Shipbuilders & Engineers Ltd. is trading above its 200 day SMA of 2549.5

Garden Reach Shipbuilders & Engineers Ltd.

26 Sep 2025

2601.60

-2.00%

GARDEN REACH SHIP&ENG LTD

Buy: Garden Reach Shipbuilders ...

FundsIndia

ICICI Direct increased Hold price target of Garden Reach Shipbuilders & Engineers Ltd. to 3000.0 on 13 May, 2026.

Garden Reach Shipbuilders & Engineers Ltd.

25 Aug 2025

2601.60

-2.00%

Garden Reach Shipbuilders & Engineers

Hold: Garden Reach Shipbuilders ...

Target

ICICI Direct

Garden Reach Shipbuilders & Engineers Ltd. is trading below its 30 day SMA of 2791.7

Garden Reach Shipbuilders & Engineers Ltd.

15 Aug 2024

2601.60

-2.00%

Impressive growth in store, but it is all in the price

Sell: Garden Reach Shipbuilders ...

ICICI Securities Limited

We attended the Q1FY25 concall of Garden Reach Shipbuilders (GRSE). Orderbook at end-Q1FY25 was INR 252.3bn, four major contracts worth INR 15-16bn.

ICICI Direct increased Hold price target of Garden Reach Shipbuilders & Engineers Ltd. to 3000.0 on 13 May, 2026.

Garden Reach Shipbuilders & Engineers Ltd.

23 Aug 2023

2601.60

-2.00%

Upside capped

Sell: Garden Reach Shipbuilders ...

Target

ICICI Securities Limited

Garden Reach Shipbuilders’ (GRSE) Q1FY24 performance was boosted by P-17A frigates project entering the peak revenue booking phase. Key points: 1) revenue was up 30.4% YoY while EBITDA rose 37.6% YoY; 2) orderbook as at Jun’23-end was at INR 245.5bn, implying orderbook/revenue at 8.96x; 3) an order worth INR 2.5bn for Naval guns from Indian Navy was received; and 4) company subcontracted part of its orderbook to L&T for speedy execution.

Garden Reach Shipbui.. has an average target of 3048.50 from 2 brokers.

Garden Reach Shipbuilders & Engineers Ltd.

31 May 2023, 12:00AM

2601.60

-2.00%

Earnings at risk of peaking out by FY26E

Sell: Garden Reach Shipbuilders ...

ICICI Securities Limited

We attended the analyst concall organised by Garden Reach Shipbuilders & Engineers’ (GRSE) to discuss the company’s Q4FY23 performance and outlook on the future.

Garden Reach Shipbui.. has an average target of 3048.50 from 2 brokers.

Garden Reach Shipbuilders & Engineers Ltd.

25 May 2023

2601.60

-2.00%

Earnings outlook hazy...

Sell: Garden Reach Shipbuilders ...

Target

ICICI Securities Limited

Garden Reach Shipbuilders & Engineers’ (GRSE) Q4FY23 EBITDA performance was below street estimates by ~50.5%. Key highlights: 1) revenues rose 10.7% YoY largely on the back of delivery of two ships (cargo-cum-ferry vessel for the government of Guyana and fast patrol vessel {FPV} for Indian Coast Guard), and P-17A advanced frigates entering their peak billing phase.

ICICI Direct increased Hold price target of Garden Reach Shipbuilders & Engineers Ltd. to 3000.0 on 13 May, 2026.

Garden Reach Shipbuilders & Engineers Ltd.

03 Apr 2023

2601.60

-2.00%

Data Patterns Ltd.

Hold: Garden Reach Shipbuilders ...

ICICI Direct

Garden Reach Shipbui.. has an average target of 3048.50 from 2 brokers.

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