Shares of Garden Reach Shipbuilders & Engineers (GRSE) fell more than 7% today, opening at ₹1,800 and reaching a low of ₹1,660.05 during the trading session.

The company’s stock had previously hit a 52-week high of ₹2,833.80, while the 52-week low stands at ₹648.30. The sharp decline in the share price may be attributed to profit booking or broader market sentiment. Investors are closely watching further developments.

As of 11:39 am, Garden Reach shares were trading 7.89% lower at Rs 1,661.80 on the NSE.

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TOPICS: Garden Reach Shipbuilders