Garden Reach Shipbuilders & Engineers Ltd Sees Rs 11,520.27 Lakhs in Traded Value Today

Garden Reach Shipbuilders & Engineers Ltd (GRSE), a small-cap player in the Aerospace & Defense sector, has shown significant trading activity today. The stock recorded a total traded volume of 446,735 shares, with a total traded value of approximately Rs 11.52 crores. Opening at Rs 2,530.0, GRSE reached a day high of Rs 2,614.9, reflecting a 2.76% increase from its previous close of Rs 2,529.1. The last traded price stands at Rs 2,600.7.
In terms of performance, GRSE has outperformed its sector by 1.24%, marking a consecutive gain over the last two days with a total return of 3.68% during this period. However, it is noteworthy that the stock's delivery volume has seen a decline, with 198,000 shares delivered on September 30, a drop of 67% compared to the five-day average.

Despite this decrease in investor participation, GRSE remains liquid enough for trading, with a liquidity measure based on 2% of the five-day average traded value indicating a trade size capacity of Rs 12.26 crores. Overall, Garden Reach Shipbuilders & Engineers continues to demonstrate notable activity in the market, reflecting its current standing within the Aerospace & Defense industry.