Garden Reach Ship

June 23 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• LOWEST BIDDER FOR 15TON ELECTRIC BOLLARD PULL TUG AT 400 MILLION RUPEES

Source text: ID:nBSEbLB07h

Further company coverage: GRSE.NS

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April 28 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• GARDEN REACH SHIPBUILDERS MARCH-QUARTER PROFIT 3.03 BILLION RUPEES

• GARDEN REACH SHIPBUILDERS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 21.19 BILLION RUPEES

• GARDEN REACH SHIPBUILDERS - DIVIDEND OF 6.7 RUPEES PER SHARE

Source text: [ID:]

Further company coverage: GRSE.NS

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** Garden Reach Shipbuilders & Engineers' shares GRSE.NS surges as much as 20%, their highest single session jump in a year, to 2367.3 rupees

** State-owned defence shipyard reports highest-ever annual turnover in its history for FY26 at 64 billion rupees, a 26% y/y jump

** GRSE also says it commissioned five vessels and delivered eight vessels to the Indian Navy in FY26

** Trading volume of over 8.3 mln shares so far, about 9x 30-day average - data compiled by LSEG

** GRSE down 4.5% in 2026 so far

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of Garden Reach Shipbuilders & Engineers GRSE.NS rise 5.4% to 2540.1 rupees

** GRSE enters into pact with Kalyani Strategic Systems to jointly develop indigenous naval systems and unmanned platforms

** Stock on course to rise most in a session since January 30

** GRSE up ~3% YTD, after rising for five straight years

(Reporting by Anuran Sadhu in Bengaluru)

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March 5 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• SIGNS MOU WITH KALYANI STRATEGIC SYSTEMS

• MOU TO DEVELOP INDIGENOUS NAVAL SYSTEMS AND UNMANNED PLATFORMS

Source text: ID:nBSE9r6SM8

Further company coverage: GRSE.NS

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Feb 13 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• GARDEN REACH SHIPBUILDERS - GETS TAX PENALTY WORTH 1 MILLION RUPEES

Source text: ID:nNSE51yh0N

Further company coverage: GRSE.NS

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Feb 9 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• GARDEN REACH SHIPBUILDERS - SIGNS MOU WITH HINDUSTAN SHIPYARD LIMITED

Source text: ID:nBSE2m9PLn

Further company coverage: GRSE.NS

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** India's defence sector to get order inflows after federal budget raised core defence capex by 18% y/y for FY27, analysts say

** India's defence index .NIFTYINDDEFENCE down 0.3% after falling about 5.6% on Sunday over investor disappointment due to lack of significant announcements for sector

** Hindustan AeronauticsHIAE.NS down about 1%, Bharat Electronics BAJE.NS up 0.72% and Bharat DynamicsBARA.NS down about 3.5%

PRIORITISATION TO SUPPORT ORDER FLOWS

** Citi says continued prioritisation on defence and localisation should support order inflows, though it sees limited near-term upside after sharp rally

** Nomura says budget lacks "big bang" measures even as it notes defence capex growth as positive

** CLSA expects defence spending growth to moderate on high base after strong increases in FY26, but says execution of large orders and exports remain supportive

(Reporting by Surbhi Misra in Bengaluru)

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Updates

** Shares of Indian defence stocks reverse course after federal budget speech does not include significant announcements on sector

** Nifty India defence index .NIFTYINDDEFENCE falls 5.6%%

** Investors had expected higher defence spending from the government

** Paras Defence PRAF.NS and Garden Reach Shipbuilders GRSE.NS down 9.6% and 9.5%, respectively

** Mazagon Dock Shipbuilders MAZG.NS and Bharat Electronics BAJE.NS down 8% and 7.6%

(Reporting by Kashish Tandon and Urvi Dugar in Bengaluru)

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Sept 19 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• GARDEN REACH SHIPBUILDERS & ENGINEERS LTD - SIGNS CONTRACT FOR FOUR HYBRID MPVS WORTH $62.44 MILLION

Source text: ID:nBSE7L0QTR

Further company coverage: GRSE.NS

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July 15 (Reuters) - CFF Fluid Control Ltd CFFF.BO:

• SIGNS MOU WITH GARDEN REACH SHIPBUILDERS

• MOU ENHANCES CFF'S NAVAL & MARINE SYSTEMS PORTFOLIO

• MOU TO COLLABORATE ON SUBSEA SONAR DEVELOPMENT

Source text: ID:nBSE84BtP5

Further company coverage: CFFF.BO

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** Garden Reach Shipbuilders & Engineers GRSE.NS gains 6.4% to 3,499 rupees

** Stock top percentage gainer on Nifty small-cap index .NIFSMCP100, which is up 0.8%

** Over 170,000 shares traded in eight block deals at 3,320-3,470.50 rupees each, per LSEG data

** Price at 1%-5.6% premium to Friday closing price of 3,287.60 rupees

** Stock up 116% YTD

(Reporting by Manvi Pant in Bengaluru)

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June 11 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• SIGNS CONTRACT WITH GSI FOR TWO COASTAL RESEARCH VESSELS

Source text: ID:nBSEBqxY0

Further company coverage: GRSE.NS

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** Garden Reach Shipbuilders and Engineers GRSE.NS rise 3.47% to 3,473 rupees

** GRSE inks three construction and design contracts with global firms

** Signs memorandum of intent with Germany-based Carsten Rehder for construction of 4 multi-purpose vessels

** Also signs memorandum of understanding (MoU) with Dubai- based M/S Aries Marine for offshore platform and vessel design

** Signs another MoU with a global engine manufacturer

** GRSE shares up ~114% YTD

(Reporting by Ananta Agarwal in Bengaluru)

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** Shares of Garden Reach Shipbuilders & Engineers GRSE.NS rise 7.4% to 3,385 rupees

** Shipbuilding co signs memorandum of understanding with Norway's Kongsberg Oslo to build polar research vessel indigenously

** National Centre for Polar and Ocean Research to use the vessel for research activities in polar and southern ocean realms

** GRSE more than doubled YTD

(Reporting by Vijay Malkar)

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** Indian defence stocks climb after India attacked Pakistan and Pakistan-administered Kashmir on Wednesday

** Pakistan said it had shot down five Indian fighter jets in the worst fighting in more than two decades between the nuclear-armed enemies

** Defence equipment maker Paras Defence PRAF.NS and ship-builder Garden Reach GRSE.NS lead gains, climb ~3% each

** Mazagon Dock MAZG.NS up 2%, Bharat Electronics BAJE.NS and Bharat Dynamics BARA.NS rise 0.3% each

** Defence index .NIFTYINDDEFENCE up 0.6% in broadly flat market .BO

(Reporting by Kashish Tandon in Bengaluru)

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** Defence sub-index .NIFTYINDDEFENCE hits all-time high; set for second straight day of gains

** Cochin Shipyard COCH.NS, HAL HIAE.NS, Bharat Dynamics BARA.NS, Mazagon Dock Shipbuilders MAZG.NS, Garden Reach Shipbuilders GRSE.NS up 2%-5%

** Broader stock benchmarks pare early gains, rupee drops and bond yields slide; traders cite jitters related to India-Pakistan tensions

** Pakistan army carried out "unprovoked" small arms firing, Indian army said in an official statement, adding Indian army responded in "measured and effective manner"

** NIFTYINDDEFENCE last up 3%

(Reporting by Hritam Mukherjee in Bengaluru)

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April 8 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• SIGNED MOU WITH SWAN DEFENCE

Further company coverage: GRSE.NS

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** Shares of Garden Reach Shipbuilders GRSE.NS climb as much as 5% to a more-than-three-month high of 1,790 rupees, last up ~1%

** Aerospace and defense products maker signed contract with German maritime solutions firm Carsten Rehder Schiffsmakler and Reederei

** Contract for construction and delivery of eight multi-purpose vessels valued at 108 MUSD; MUSD is a decentralized stablecoin which runs on Ethereum that attempts to maintain a value of $1

** Stock up 5.5% YTD vs 3.5% drop in Nifty 500 index .NIFTY500, of which GRSE is a constituent

(Reporting by Manvi Pant in Bengaluru)

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** India's defence stocks .NIFTYINDDEFENCE up more than 1% to seven-week high of 6,243.6 points; set for sixth straight day of gains

** Defence acquisition council approves purchase of arms and equipment worth more than 540 billion rupees ($6.3 billion)

** Defence index up more than 10% so far this week on bargain hunting and deal wins; YTD, index is down about 4%

** Garden Reach Shipbuilders & Engineers GRSE.NS up 30% for the week, signs pact with public works authority to supply steel bridges in Nagaland state

** GRSE on course for biggest pct gains since May 2024

** Cochin Shipyard COCH.NS and Mazagon Dock Shipbuilders MAZG.NS up nearly 12% each for the week, set for best pct gains since November 2024

** Bharat Electronics BAJE.NS and Hindustan Aeronautics HIAE.NS up 6.4% and 15%, respectively, for the week, while Ideaforge Technology IDEF.NS and Bharat Dynamics BARA.NS jump 19% and 15%, respectively

(Reporting by Vivek Kumar M)

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** Shares of Garden Reach Shipbuilders & Engineers GRSE.NS rises 8.6% to 1783 rupees, highest since Dec. 17

** Warship builder signs pact with Nagaland's public works authority to supply steel bridges in the state

** Co did not disclose financial details of the deal

** Stock logs busiest session in over eight months, with more than 9.5 mln shares traded, 5.9x the 30-day avg

** Stock trades above 50-,100- day moving avgs; surpasses 200-DMA, signaling bullish momentum

** Stock up 6% so far this year, on top of an 85% jump in 2024

(Reporting by Aleef Jahan in Bengaluru)

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** Shares of India's Garden Reach Shipbuilders & Engineers GRSE.NS soar 20%, on course for their steepest-ever daily percentage rise

** Other defence stocks rise as well; Nifty India Defence .NIFTYINDDEFENCE up 5%

** Bargain-hunting and Germany's massive defence spending boost sentiment

** "Street is expecting some benefits to flow through for domestic defence players especially in shipping sector," says Sunny Agrawal, head of fundamental equity research at SBICAPS Securities, on Germany's defence spending boost

** Adds, recent correction offers some valuation comfort in defence stocks

** Ideaforge Technology IDEF.NS and Mazagon Dock Shipbuilders MAZG.NS jump 16% and 10%, respectively, while Cochin Shipyard COCH.NS is up 9%

** Hindustan Aeronautics HIAE.NS and Bharat Dynamics BARA.NS jump 4.5% and 6%, respectively, while Paras Defense and Space Technologies PRAF.NS gains 5%

** YTD, GRSE, BARA, and MAZG turn positive, while COCH, PRAF, HIAE, and IDEF are still in the red

** Defence index up 19% so far in March, on course to snap a three-month losing streak

(Reporting by Vivek Kumar M)

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Feb 20 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• SIGNS CONTRACT FOR REFIT OF MAURITIUS COAST GUARD SHIP

• CONTRACT SIZE 1.23 BILLION RUPEES PLUS 15% GROWTH OF WORK

Source text: ID:nBSE889ZjH

Further company coverage: GRSE.NS

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** Shares of Indian shipbuilding stocks jump as Finance Minister Nirmala Sitharaman unveils maritime development fund with corpus of 250 bln rupees ($2.89 bln) in budget

** Garden Reach Shipbuilders and Engineers GRSE.NS and Mazagon Dock Shipbuilders MAZG.NS rise 3.4% and 1.7% respectively; Shipping Corp of India SCI.NS jumps 5.3%

($1 = 86.5360 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Apollo Micro Systems APLL.NS climb ~7% to 133.36 rupees

** Engineering firm inks pact with Garden Reach Shipbuilders & Engineers GRSE.NS for joint development and supply of weapons and electronic systems

** GRSE stock up 2.4%, set for third straight session of gains

** APLL climbed 1.3% in 2024 while GRSE jumped ~85%

(Reporting by Kashish Tandon in Bengaluru)

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Jan 29 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• SIGNS MOU WITH APOLLO MICRO SYSTEMS

• MOU TO JOINTLY DEVELOP UNDERWATER AND AIR DEFENCE SYSTEMS

Source text: ID:nBSE6MJp9f

Further company coverage: GRSE.NS

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** Garden Reach Shipbuilders GRSE.NS gains 2.3% to 1,800 rupees; set to gain for second straight week

** Aerospace and defense products maker signs contract for construction and delivery of second ship from series of 4 additional vessels of 7,500 deadweight tonnage each

** Naval Physical and Oceanographic Laboratory's Oct. 18 order valued at 4.91 bln rupees ($58 mln)

** Stock rated "hold" on avg; median PT is 1,500 rupees - LSEG

** GRSE has more than doubled YTD; eyes best yearly gain since 2022

($1 = 84.6530 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Dec 5 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• SIGNS CONTRACT FOR CONSTRUCTION AND DELIVERY OF MULTI-PURPOSE VESSELS

Source text: ID:nBSE4VFQ27

Further company coverage: GRSE.NS

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Nov 19 (Reuters) - Garden Reach Shipbuilders & Engineers Ltd GRSE.NS:

• SIGNED CONTRACT WORTH 2.26 BILLION RUPEES

• SIGNS CONTRACT WITH GOVERNMENT OF WEST BENGAL FOR 13 HYBRID FERRIES

Source text: ID:nBSE3pKPCX

Further company coverage: GRSE.NS

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** Garden Reach Shipbuilders and Engineers GRSE.NS rises ~2% to 1,406 rupees

** Co's Q2 PAT rises 21% y/y; rev from ops up 28%

** Stock set to snap five straight sessions of declines

** GRSE gains 60% YTD

(Reporting by Hritam Mukherjee in Bengaluru)

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