ResultsNDTV Profit
GRSE shares jump over 2% after Q2 results
Positive+61Company event
GreyOak summary
GRSE shares gained over 2% following Q2 FY27 results showing a 12% net profit rise to Rs 171.97 crore. Revenue grew 9% to Rs 1,827 crore. The company signed a Rs 32,000 crore contract for Next-Generation Corvettes, boosting its order book to approximately Rs 45,600 crore. Brokerages offer mixed ratings, with Goldman Sachs maintaining a 'Sell' while Choice Institutional Equities holds a 'Buy' rating.
What it affects
- Garden Reach Shipbuilders & EngineersGRSEPositive +61
Shares rose 2% on Q2 profit growthRolling sentiment Positive +41
Source
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