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Garden Reach Shipbuilders & Engineers Ltd
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BSE Code: 542011 NSE Symbol: GRSE P/E : 39.24
ISIN Demat: INE382Z01011 Div & Yield %: 0.59 EPS : 60.15
Book Value: 200.42 Market Cap (Rs. Cr.): 27,034.27 Face Value : 10
GRSE signs MoU with Hindustan Shipyard Back
(09 Feb 2026)
Garden Reach Shipbuilders & Engineers & Hindustan Shipyard (HSL) signed a Memorandum of Understanding (MoU) on Monday, 09 February 2026, to form a consortium aimed at undertaking a large-scale, strategically significant national shipbuilding programme.

The partnership envisages the construction of advanced maritime platforms and is expected to contribute to the enhancement of the country's maritime infrastructure, technological self-reliance, and long-term operational capabilities.