Shares of Garden Reach Shipbuilders, a defense shipyard and commercial ships maker for the Indian Navy, reached a record high on Wednesday. The ship’s shares increased by more than 4 % to Rs. Reached 2944.
In the last one month, the company’s stock has seen an increase of more than 65 %. In a month, the company’s shares cost Rs. 1749.40 has increased to Rs. Has reached 2900. Garden Rich Shipbuilders shares 52-Week high level of Rs. 1148.10.
Shares of Garden Rich Shipbuilders have risen 150 % in the last 3 months. Shares of the shipbuilding company were at Rs 1180.10 on March 4, 2025. On May 28, 2025, the shares of the Minaratna Company were Rs. Reached 2944. In the last two months, shares of Garden Rich Shipbuilders have risen more than 73 %. In the last 5 days, the company’s shares have risen 17 percent. On Wednesday, May 28, 2025, the market cap of Garden Rich Shipbuilders surpassed Rs 33,110 crore.
Miniratna Company Garden Rich Shipbuilders have recently emerged as the lowest bidder for the Indian Navy project. The company has said that it has become the lowest bidder for the Indian Navy to make the next generation of coarves.
The lowest bidder will be ordered to order 5 NGC ships and this order is worth Rs. More than 25,0000 crores. Garden Rich Shipbuilders highlighted that the total size of the order was Rs. 40,000 crore, which will be distributed between two shipyard companies.
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