Garden Reach Shipbuilders Share Price Target Tomorrow 2024 To 2030

Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a leading shipbuilding company in India, known for constructing and delivering naval vessels for the Indian Navy and Coast Guard. Based in Kolkata, GRSE has a long history of building high-quality warships, patrol vessels, and other specialized ships. Garden Reach Shipbuilders Share Price on NSE as of 24 October 2024 is 1,583.90 INR. Here will provide you more details on Garden Reach Shipbuilders Share Price Target 2024, 2025, 2026 to 2030.

Garden Reach Shipbuilders & Enginers Ltd: Market Overview

• Open Price: ₹1,599.95
• High Price: ₹1,657.35
• Low Price: ₹1,578.00
• Previous Close: ₹1,609.75
• Volume: 843,328
• Value (Lacs): ₹13,379.40
• VWAP: ₹1,611.00
• UC Limit: ₹1,931.70
• LC Limit: ₹1,287.80
• P/E ratio: 49.35
• Div yield: 0.59%
• 52-wk high: ₹2,833.80
• 52-wk low: ₹648.30
• Mkt cap: ₹18.17KCr
• Face Value: ₹10

Garden Reach Shipbuilders Share Price Chart

Garden Reach Shipbuilders Share Price Target Tomorrow 2024 To 2030

Garden Reach Shipbuilders Share Price Target 2024

Garden Reach Shipbuilders share price target 2024 Expected target could be ₹1713. Here are three potential risks and challenges that could affect Garden Reach Shipbuilders & Engineers Ltd’s share price target in 2024:

• Dependence on Government Contracts: Garden Reach Shipbuilders relies heavily on defense contracts from the Indian government. Any delays in government orders, budget cuts, or changes in defense spending could affect the company’s revenue flow, impacting its share price.
• Project Execution Delays: Shipbuilding is a complex and time-consuming process. Delays in the construction or delivery of vessels due to technical challenges or supply chain disruptions could lead to cost overruns and penalties, negatively influencing the company’s profitability and share price.

• Global Economic and Geopolitical Factors: Changes in global trade dynamics, geopolitical tensions, or economic slowdowns could affect defense spending and the company’s export opportunities. Unfavorable conditions might limit new business prospects, challenging the company’s growth and impacting its share price in 2024.

Garden Reach Shipbuilders Share Price Target 2025

Garden Reach Shipbuilders share price target 2025 Expected target could be ₹1925. Here are three potential risks and challenges that could affect Garden Reach Shipbuilders & Engineers Ltd’s share price target in 2025:

• Fluctuations in Raw Material Costs: The shipbuilding industry relies heavily on steel, equipment, and other materials. Volatile prices or supply shortages of these raw materials could increase production costs, affecting Garden Reach Shipbuilders’ profit margins and, consequently, its share price.
• Increased Competition: With both domestic and international shipbuilders vying for defense and commercial contracts, Garden Reach Shipbuilders may face stiff competition. If the company is unable to secure enough new orders or improve its competitive edge, this could limit its growth prospects, impacting its share price.

• Technological Advancements: The shipbuilding industry is rapidly evolving with advancements in naval technology, automation, and sustainability. Garden Reach Shipbuilders will need to continually invest in innovation and stay ahead of these changes. Failing to keep pace with technology could result in losing out on key contracts, posing a challenge to its long-term growth and share price in 2025.

Garden Reach Shipbuilders Share Price Target 2030

Garden Reach Shipbuilders share price target 2030 Expected target could be ₹3000. Here are three potential risks and challenges that could affect Garden Reach Shipbuilders & Engineers Ltd’s share price target in 2030:

• Global Defense Spending Fluctuations: By 2030, shifts in global defense priorities or a reduction in military budgets due to geopolitical stability could reduce the demand for naval vessels. This could limit the company’s growth opportunities, impacting its revenues and share price.
• Technological Obsolescence: Rapid advancements in naval technology and automation could make some of Garden Reach Shipbuilders’ current offerings outdated. If the company fails to invest in cutting-edge technology and innovation, it risks losing contracts to more technologically advanced competitors, affecting its market position and share price.

• Environmental Regulations and Sustainability Challenges: As environmental regulations tighten globally, shipbuilders face increasing pressure to adopt eco-friendly practices and technologies. If Garden Reach Shipbuilders struggles to meet stricter sustainability standards, it may face higher compliance costs, penalties, or loss of business, which could negatively affect its profitability and share price by 2030.

Shareholding Pattern For Garden Reach Shipbuilders & Enginers Ltd

• Promoters: 74.5%
• FII: 3.65%
• DII: 1.87%
• Public: 19.98%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.grse.in/

Garden Reach Shipbuilders & Enginers Ltd Financials

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