Garden Reach Shares: Share reached record high in three days fast, what is next? – What should investors do after garden reach shipbuilders share price jumps over 5 percent to hit record high check target price

Garden reach shares: The trend in the shares of veteran defense company Garden Reach Shipbuilders and Engineers (GRSE) continued even today. Talking about today, it jumped 5 percent and reached the record high. This 10 trading days have strengthened in the last 11 business days with a gain of three consecutive days. Its shares have risen 66 percent in a month. Currently, it rose by 1.64 per cent to Rs 2798.00 on BSE. It had jumped 5.28 per cent to Rs 2898.40 in intra-day.

What is the reason for this speed in Garden Reach?

Other defense stocks including Garden Reich remain rockets due to operation vermilion. PM Modi’s more emphasis on indigenous weapons has also supported it. Apart from this, the company’s revenue has increased by 61% in the March quarter and the operative profit 144%. The management said in the Ernings Cos that in this financial year 2026, the company’s examination will reach the peak and the first P17 alpha delivery will begin in the next two months, which is much before the time before the earlier time. Apart from this, on Thursday 22 May, the company informed in the exchange filing that it has made the lowest bid to make the next generation carvates for the Indian Navy. This contract of Navy is worth 25 thousand crores. Due to these, the shares of Garden Reich have reached new heights.

How was the move of shares in a year

Garden Reach Shipbuilders shares were at Rs 1148.10 on 5 June 2024 last year, which is a one -bottom level for its shares. It jumped 152.45 per cent in 11 months from this lower level and reached Rs 2898.40 on 23 May 2025 today, which is a record high for its shares.

Now what is the trend next?

Three of the five analysts covering the Garden Reich have given it a purchase rating. At the same time, two have given it a cell rating and two sales ratings. Antique Stock Broking has fixed the target price of investment in it at Rs 3009, while the Asian Market Securities has fixed the target price of Rs 3500.

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