A prominent player in the defence sector, Garden Reach Shipbuilders & Engineers Ltd (GRSE), has witnessed a steep decline of 40.06% in its stock value over the last six months, closing at ₹1,518 on January 17, 2025. Despite this significant drop, the stock has delivered an impressive 72.18% return over the past year.
GRSE stock performance highlights:
- 6-Month Performance: The stock fell by ₹1,014.45, representing a 40.06% decline.
- 1-Year Performance: The stock surged ₹636.35 (72.18%), indicating strong long-term growth.
- Key Metrics:
- 52-Week High: ₹2,833.80
- 52-Week Low: ₹673.45
- Market Cap: ₹17,260 crore
- P/E Ratio: 45.20
- Dividend Yield: 0.62%
Observations
Garden Reach Shipbuilders achieved remarkable growth in early 2024, reaching a 52-week high of ₹2,833.80. However, the past six months have seen a consistent downturn, eroding a significant portion of its previous gains. Despite the correction, the stock remains far above its 52-week low of ₹673.45, showcasing resilience over a longer period.
Disclaimer: The above content is for informational purposes only. Investors are advised to conduct their own due diligence before making any investment decisions.
