India's Garden Reach Shipbuilders hits 9-month high after Q4 profit rise
14/05/2025 08:32
** Shares of Garden Reach Shipbuilders & Engineers GRSE.NS up 16.4% to 2229 rupees, highest since Aug. 2024 ** Warship builder's Q4 profit jumps 119% Y/Y, helped by a strong order book; rev up 62% ** More than 13.1 mln shares traded; 4.6x the 30-day avg ** Stock up 39% YTD, its fifth-straight year of gains (Reporting by Aleef Jahan in Bengaluru) ((aleefjahan.cs@thomsonreuters.com))
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