Garden Reach Shipbuilders & Engineers Ltd Sees Rs 23,733.44 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 803,540 shares and a total traded value of approximately Rs 23.73 crore. The stock opened at Rs 2,935.0 and reached an intraday high of Rs 2,979.6, reflecting a 2.85% increase from the previous close of Rs 2,897.1.
Notably, GRSE has outperformed its sector by 0.96% and has shown a consecutive gain over the last two days, accumulating a return of 7.32% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also seen a significant rise, with delivery volume on November 14 reaching 110,600 shares, a 62.2% increase compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 17.26 crore based on 2% of the 5-day average traded value.

In summary, Garden Reach Shipbuilders & Engineers Ltd is demonstrating solid performance metrics and active market engagement, reflecting its current standing in the Aerospace & Defense industry.