Garden Reach Shipbuilders Achieves All-Time High Stock Price Amid Strong Financial Performance

Garden Reach Shipbuilders & Engineers has reached an all-time high today, with its stock price hitting Rs. 3378.65, marking a significant milestone for the company. This achievement comes as the stock has demonstrated robust performance metrics, outperforming its sector by 5.31% today alone. Over the past two days, the stock has gained 13.14%, reflecting a strong upward trend.
In terms of moving averages, Garden Reach Shipbuilders is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a solid technical position. The company has shown impressive performance over various time frames, with a remarkable 173.17% increase over the past three months and a staggering 2216.98% rise over the last five years.

Financially, the company has reported a net profit growth of 148.75% in its latest quarterly results, with net sales reaching an all-time high of Rs. 1,642.04 crore. With a low debt-to-equity ratio and a return on equity averaging 16.85%, Garden Reach Shipbuilders & Engineers is positioned strongly within the aerospace and defense industry, showcasing its long-term fundamental strength.