Garden Reach Shipbuilders & Engineers Ltd News
Defense stocks rally on bagging contracts from MoD; BEL, BDL surge up to 8%
The Ministry of Defence (MoD) on March 30 signed contracts with Indian shipyards, Bharat Dynamics, Bharat Electronics, and BrahMos Aerospace for equipments worth over Rs 35,000 crore.
 "Defense stocks rally on bagging contracts from MoD; BEL, BDL surge up to 8%")
GRSE partners Rolls Royce Solutions for building marine engines in India
GRSE and Rolls Royce Solutions will cooperate to manufacture under licence the technologically advanced MTU S4000 marine engines
 "GRSE partners Rolls Royce Solutions for building marine engines in India")
Here's why Mehul Kothari recommends to Buy Garden Reach, Praj Industries
According to the technical analyst from Anand Rathi, Garden Reach can rally to Rs 590, while Praj Industries can bounce back to Rs 412.
 "Here's why Mehul Kothari recommends to Buy Garden Reach, Praj Industries")
Cochin Shipyard, Mazagon Dock soar up to 8% on hopes of strong Q2 results
Thus far in FY23, MDL (up 277%), GRSE (201%) and Cochin Shipyard (185%) have seen their market price appreciated more than 100%, as against nearly 4% rise in Sensex.
 "Cochin Shipyard, Mazagon Dock soar up to 8% on hopes of strong Q2 results")
Smooth sailing for shipbuilders in choppy markets; up to 27% upside likely
Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, and Cochin Shipyard have surged 129 per cent, 121 per cent, and 49 per cent each so far this year
 "Smooth sailing for shipbuilders in choppy markets; up to 27% upside likely")
Shipbuilding stocks rally up to 11%; Mazagon, Garden Reach hit new highs
The defence shipbuilding segment continues to look promising on account of ambitious acquisition plan of Indian Navy and Indian Coast Guard.
 "Shipbuilding stocks rally up to 11%; Mazagon, Garden Reach hit new highs")
