Garden Reach Shipbuilders & Engineers Ltd Sees Rs 18,548.50 Lakhs in Trade Value Today

Garden Reach Shipbuilders & Engineers Ltd (GRSE), a small-cap player in the Aerospace & Defense sector, has emerged as one of the most active equities today, with a total traded volume of 655,468 shares and a total traded value of approximately Rs 18.55 crore. The stock opened at Rs 2,743.0 and reached a day high of Rs 2,852.0, reflecting a notable intraday increase of 3.59%. The last traded price stands at Rs 2,834.0, marking a 3.04% return for the day, significantly outperforming the sector's return of 0.37% and the Sensex's decline of 0.08%.
Despite this positive performance, there has been a decline in investor participation, with delivery volume dropping by 16.94% compared to the five-day average. However, GRSE remains liquid, with a trading capacity sufficient for a trade size of Rs 13.72 crore, based on 2% of the five-day average traded value. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market. Overall, Garden Reach Shipbuilders & Engineers continues to demonstrate robust activity and performance metrics in today's trading session.