Shares of Garden Reach Shipbuilders & Engineers Ltd surged sharply by over 18% in early trade on April 1, reflecting strong investor interest and heavy trading activity.
As of 10:16 AM (IST), the stock witnessed a significant spike in both price and volume, indicating robust momentum in the counter.
Sharp Intraday Movement
The stock opened at ₹2,065.00 against the previous close of ₹1,972.80 and quickly gained traction during the session. It touched an intraday high of ₹2,348.70, compared to the day’s low of ₹2,052.00.
The sharp rise places the stock closer to its 52-week high of ₹3,538.40, while remaining well above the 52-week low of ₹1,405.00.
Strong Volume Activity
Trading activity remained elevated, with a live volume of over 46.54 lakh shares recorded during the session.
The over 18% rally in Garden Reach shares highlights strong intraday momentum backed by heavy volumes. Investors will continue to monitor price action, sector trends, and any company-specific developments for further direction in the stock.