Synopsis:

Garden Reach Shipbuilders & Engineers Limited, a Defence stock, reports 45.49% YoY revenue growth and a 57.30% YoY net profit surge in Q2 FY26 results, and announced a dividend of ₹5.75 per equity share.

This Mid-cap Defence stock, engaged in building and repairing warships and commercial vessels for the Indian Navy, Coast Guard, and foreign clients, jumped 4 percent after the company reported September quarterly results with a 57.30 percent YoY increase in net profit and announced a dividend of Rs. 5.75 per equity share.

With a market capitalization of Rs. 29,602.53 crores, the share of Garden Reach Shipbuilders & Engineers Limited has reached an intraday high of Rs. 2,650 per equity share, rising nearly 3.66 percent from its previous day’s close price of Rs. 2,556.35. Si

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