GRSE Share Price Target 2025: Will GRSE Stock Hit ₹3,700? Latest Technical Outlook
Garden Reach Shipbuilders & Engineers Ltd (GRSE), a key player in India’s defense and shipbuilding sector, has caught investor attention after its steep rally in 2024. But is there more steam left in GRSE’s stock? Let’s explore its technical outlook, growth prospects, and share price target for 2025.
About GRSE
GRSE is a government-owned shipyard specialized in manufacturing warships, research vessels, and now, autonomous underwater vehicles. Its robust order book, aligned with India’s defense modernization, positions it strongly for future growth.
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Current Price: 2613.80
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Market Cap: 29.94KCr
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52-Week Range: ₹1,184.90 – ₹3,538.40
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Recent Developments: Secured multiple defense contracts including coastal research vessels and offshore patrol vessels.
Technical Analysis Snapshot
| Indicator | Status |
|---|---|
| Moving Averages | Weak on Daily, Strong Buy on Weekly/Monthly |
| RSI (14) | Neutral (around 50) |
| MACD | Weak Positive |
| Current Trend | Medium to Long-Term Bullish |
Although short-term momentum is cooling, the broader trend remains positive with strong support near ₹2,500.
Key Support & Resistance Levels
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Support: ₹2,500 – ₹2,400
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Immediate Resistance: ₹3,000 – ₹3,100
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Next Breakout Zone: ₹3,215 – ₹3,538
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Potential Peak: ₹3,700+
A breakout above ₹3,000 could trigger a fresh rally.
GRSE Share Price Target 2025
| Timeframe | Target Price Range | Upside Potential |
|---|---|---|
| Short-Term | ₹2,825 – ₹3,026 | +5% to +12% |
| Medium-Term | ₹3,215 | +20% |
| Long-Term 2025 | ₹3,538 – ₹3,700 | +32% to +38% |
Analyst Projections: WalletInvestor forecasts ₹3,607 within 12 months.
Trading Strategy
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Entry Zone: ₹2,600 – ₹2,650
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Breakout Confirmation: Sustaining above ₹3,000
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Profit Targets: ₹3,215 → ₹3,538 → ₹3,700
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Stop-Loss: ₹2,500
Risks & Watchpoints
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Short-term profit booking may pull the stock to ₹2,400–₹2,500.
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Overvaluation concerns if government defense budgets slow down.
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Technically overbought in early 2025—expect possible consolidation.
Summary
| Metric | Details |
|---|---|
| Current Price | ₹2,613.80 |
| Support Levels | ₹2,500 – ₹2,400 |
| Resistance | ₹3,000 → ₹3,215 → ₹3,538 |
| 2025 Target | ₹3,538 – ₹3,700 |
| Risk Level | Moderate-High |
