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Garden Reach Shipbuilders & Engineers Ltd.
Share Price Target & Analysis

NSE:GRSE

976.01

VWAP

980.00

Open

985.4

Close

987.80

High

960.20

Low

1077.85

52 Week High

979.45 ⇩
-5.95 (-0.60%)

GRSE

(INDUSTRIAL MANUFACTURING)
84.4% Momentum

Trending & Favourite

446.00

52 Week Low

26.27

EPS

55.05

PE

7.94

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: GRSE Share Price Financial Analysis & Valuation

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering - Heavy vertical. It is one of Small Cap company with Market Capitalization of Rs 2628.4 (in Cr). Total number of free float shares are 0 (in Lacs). Garden Reach Shipbuilders & Engineers Ltd. is listed on NSE with Exchange ID - INE382Z01011 and trading code is NSE:GRSE with short name Garden Reach Sh.

In the past 1 year, Garden Reach Shipbuilders & Engineers Ltd. has declared an equity dividend of Rs 5.8 per share. At the current share price of GRSE at Rs 979.45, this results in a dividend yield of 0.59 %.

As per the Fundamental Analysis of NSE:GRSE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine GRSE underlying value and future prospects. All of this data is available in GRSE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:GRSE, it is clearly understood that GRSE is Economical performer in terms of earnings and profit margins with an EPS of 26.27. NSE:GRSE book value per share as of today is 123.42. The current price to book ratio for GRSE as of May 16, 2024 is 7.94.

Valuation of the Stock: The current valuation of GRSE stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of GRSE whether to BUY this stock at current valuation. The delivery percentage of GRSE is 25.58% is very crucial parameter which shows that 25.58% investors are anticipating that the price of GRSE share should go up with VWAP at 976.01.

Now, the main question is whether to BUY or SELL, NSE:GRSE at current valuation.
As per latest Analysis No. #5864:-

⇑ STRONG BUY GRSE if All Greens

⇗ BUY GRSE (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD GRSE (With Stop Loss) if only 1 Green

⇘ SELL GRSE if NO Green Indicator

NSE: GRSE Share Price Today (May 16, 2024)

(Garden Reach Shipbuilders & Engineers Ltd. Daily Analysis on the basis of GRSE Intraday Graph & Trend)

Garden Reach Shipbuilders & Engineers Ltd. share price moved Down by -0.60% from its previous close of Rs 985.4. GRSE stock last traded price is 979.45. GRSE share price trend is Down with a total of 1153889 stocks traded till now. It has touched an intraday high of Rs 987.80 and an intraday low of Rs 960.20. The GRSE trading at 979.45, Down by Rs. -5.95, or -0.60 percent which suggests that most of the Traders are anticipating that the price of GRSE share should go Down.

NSE: GRSE Share Price Tomorrow Prediction

(Garden Reach Shipbuilders & Engineers Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of GRSE)

Garden Reach Shipbuilders & Engineers Ltd. share price moved Down by -0.60%. GRSE share price short term trend is Down. It suggests that GRSE Share Price for Tomorrow remains the same with VWAP at 976.01 will be treated as stop loss for intraday traders. Garden Reach Shipbuilders & Engineers Ltd. Long term investors can follow the GRSE long term trend as mentiond in future forecast table.

NSE Code

NSE: GRSE

GRSE Share Price Today

 979.45

GRSE Share Price Target Prediction for 2024 ^

 733.7 - 1083.2

GRSE Share Price Target Prediction for 2025*^

 1083.2 - 1153.9

GRSE Share Price Target Prediction for 2026*^

 1153.9 - 1234.7

GRSE Share Price Target Prediction for 2027*^

 1296

GRSE Share Price Target Prediction for 2028*^

 1334

GRSE Share Price Target Prediction for 2030*^

 1454
GRSE Current Book Value 2023
122.8

*Garden Reach Shipbuilders & Engineers Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^GRSE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

GRSE Technical Analysis

Candlestick Pattern: @979.45

GRSE Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 936.99 BUY 954.12 BUY
MA_12 958.83 BUY 945.62 BUY
MA_20 945.92 BUY 935.05 BUY
MA_32 904.94 BUY 912.62 BUY
MA_50 865.25 BUY 894.71 BUY
MA_100 864.09 BUY 867.6 BUY
MA_200 818.49 BUY 794.58 BUY

GRSE Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 945.92 Uptrend
MACD -4.76 SELL
ADX 26.23 Strong Trend
DMI (+/-) 25.08 / 14.7 Uptrend

GRSE Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 59.2 Neutral
STOCHASTIC_K (Fast) 90.66 Overbought
STOCHASTIC_D (Slow) 64.81 Neutral
CCI 19.36 Neutral
PSAR 991.95 SELL
TRUE RANGE 27.6 Neutral
ATR 47.87 Neutral
WILLIAMS R -49.99 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 91.37 Overbought
STOCHASTIC RSI D 71.1 Neutral
MOMENTUM 97.55 BUY

GRSE Last 1 Year Trend

Duration Value
1 Year 92.79%
3 Months 11.82%
1 Month 11.06%
1 Week 5.32%

GRSE Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 67%
NEUTRAL / HOLD 27%
SELL 7%

Most popular Questions & Answers about GRSE


Garden Reach Shipbuilders & Engineers Ltd. stock last traded price is 979.45. GRSE share price moved Down by -0.60% from its previous close of Rs 985.4.

Garden Reach Shipbuilders & Engineers Ltd. share price trend is Down with a total of 1153889 stocks traded till now. It has touched an intraday high of Rs 1088.6285 and an intraday low of Rs 960.20. The GRSE trading at 979.45, Down by Rs. -5.95, or -0.60 percent which suggests that most of the Traders are anticipating that the price of GRSE share should go Down and the Stop Loss will be around 976.01.

The market cap of Garden Reach Shipbuilders & Engineers Ltd. is ₹2628.4 (in Cr) as of May 15, 2024.

The current price to earning ratio for Garden Reach Shipbuilders & Engineers Ltd. as of May 15, 2024 is 55.05.

The current price to book ratio for Garden Reach Shipbuilders & Engineers Ltd. as of May 15, 2024 is 7.94.

The highest price of Garden Reach Shipbuilders & Engineers Ltd. stock is ₹1077.85 in the last 52-week.

The lowest price of Garden Reach Shipbuilders & Engineers Ltd. stock is ₹446.00 in the last 52-week.

Garden Reach Shipbuilders & Engineers Ltd. share trading at ₹979.45, Down by Rs. -5.95, or -0.60 percent which suggests that most of the traders are anticipating that the price of GRSE share should go Down.

In 2023, Stock price target for Garden Reach Shipbuilders & Engineers Ltd. (GRSE) are ₹733.7 on downside and ₹1083.2 on upside. Garden Reach Shipbuilders & Engineers Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Garden Reach Shipbuilders & Engineers Ltd. (GRSE) are ₹1083.2 on downside and ₹1153.9 on upside. Garden Reach Shipbuilders & Engineers Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Garden Reach Shipbuilders & Engineers Ltd. (GRSE) are ₹1153.9 on downside and ₹1234.7 on upside. Garden Reach Shipbuilders & Engineers Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Garden Reach Shipbuilders & Engineers Ltd. (GRSE) will be around ₹1334 Garden Reach Shipbuilders & Engineers Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of GRSE.

As per the fundamental analysis of Garden Reach Shipbuilders & Engineers Ltd. (GRSE), it is of Economical quality in terms of earnings and profit margins with an EPS of 26.27. Garden Reach Shipbuilders & Engineers Ltd. book value per share as of today is 123.42. The current price to book ratio for GRSE as of May 16, 2024 is 7.94.


NSE:GRSE News & Other Useful Information about GRSE Share Price


Peer Comparison of NSE: GRSE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering - Heavy

Company Price EPS BV
PRAJIND 522.95 15.35 58
GMMPFAUDLR 1382.55 17.29 156.74
VARROC 547.05 17.35 36.28
ISGEC 1009.60 30.33 264.62
IRCON 242.75 8.78 49.13
GRSE 979.45 26.27 123.42
ACE 1392.80 23.64 76.35
ELECON 1097.75 27.02 120.1
KABRAEXTRU 378.60 9.06 110.03
TDPOWERSYS 329.40 7.63 38.03
Updated at: 15 May 2024 15:59

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