GRSE Share Price Falls 2.03%: Garden Reach Shipbuilders & Engineers (GRSE) Shares Decline Today
- September 29, 2026
- Posted by: Harsh Piplani
- Category: News
GRSE Share Price fell to Rs 2,200 on 29 September 2026, declining 2.03% from the previous close of Rs 2,245.50. Garden Reach Shipbuilders & Engineers ended the session with a market capitalisation of Rs 25,722.65 crore, placing it in the Large Cap category. The stock’s move is relevant because it came without any company-specific catalyst in the supplied data, so the price event itself is the key development in today’s GRSE Share Price Today update. For readers tracking GRSE Stock News, the latest session shows a clear share price fall, while the broader company backdrop still includes strong reported profitability and a premium valuation profile within the ship building space. Univest is covering the move with a factual stock note focused on price action, fundamentals, sector context and peers.
In today’s GRSE Stock News flow, the stock opened at Rs 2,232.60, matched that as the day’s high, and then touched a low of Rs 2,196.65 before closing at Rs 2,200. The session turnover was Rs 2.45 crore. The numbers confirm a lower close versus the previous session, while For investors following GRSE Share Price Live, the immediate focus is the day’s decline, the placement below recent closing levels and how the valuation compares with sector peers. Univest is using the same verified data to frame the stock’s move in a broader market and fundamental context.
Garden Reach Shipbuilders & Engineers (GRSE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,200 |
| Previous Close | Rs 2,245.5 |
| Today's Move | -Rs 45.50 (-2.03%) |
| Open | Rs 2,232.6 |
| High | Rs 2,232.6 |
| Low | Rs 2,196.65 |
| Turnover | Rs 2.45 crore |
| Market Capitalisation | Rs 25,722.65 crore |
| Market Cap Category | Large Cap |
GRSE Share Price Today moved within a narrow range and closed below the prior close. The stock opened at Rs 2,232.60, was capped at the same level as its intraday high, and slipped to a low of Rs 2,196.65 before ending at Rs 2,200. Compared with the previous close of Rs 2,245.50, the stock declined by Rs 45.50, or 2.03%. That makes today’s GRSE Share Price Fall a straightforward negative close, with the final price sitting closer to the day’s low than the opening level.
The turnover for the session was Rs 2.45 crore, which is a factual traded-value metric and should be read only as a session detail. With market capitalisation at Rs 25,722.65 crore, GRSE remains a Large Cap stock in the supplied classification. For anyone scanning GRSE Share News or GRSE Stock Performance, the important takeaway is that the move was measurable and contained within the day’s range, yet it remains a meaningful fall in percentage terms. The next step in any stock analysis is to place that move beside the company’s fundamentals and sector valuation, which is where the picture becomes more informative for GRSE Share Price readers.
Garden Reach Shipbuilders & Engineers (GRSE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 25,722.65 crore |
| P/E Ratio | 32.13x |
| P/B Ratio | 9.19x |
| ROE | 31.79% |
| ROCE | 43.66% |
| EPS | Rs 69.89 |
| Book Value Per Share | Rs 244.34 |
| Dividend Yield | 0.87% |
EPS stands at Rs 69.89, book value at Rs 244.34 and dividend yield at 0.87%. Those three figures matter because EPS captures earnings attributable to each share, book value shows the accounting net worth behind each share and dividend yield reflects the current payout context. In a GRSE Fundamental Analysis discussion, these numbers do not justify a recommendation on their own, but they do show that the company combines a premium valuation with solid return metrics. For readers of GRSE Company News and GRSE Financial Results coverage, the key point is that the day’s price fall did not arrive in isolation from fundamentals; instead, it sits against a company with strong return ratios and a valuation that is clearly above several peer references. Univest is presenting the facts as they are, not turning them into a forecast.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Ship Building |
| Industry | Ship Building |
| Benchmark Scope | same industry |
| Company P/E Ratio | 32.13x |
| Benchmark Median P/E | 31.17x |
| Benchmark Average P/E | 34.76x |
| Benchmark P/E Range | 9.6x to 56.29x |
| Company P/B Ratio | 9.19x |
| Benchmark Median P/B | 7.85x |
| Benchmark Average P/B | 6.72x |
| Company ROE | 31.79% |
| Benchmark Median ROE | 23.77% |
| Benchmark Average ROE | 37.13% |
| Company ROCE | 43.66% |
| Benchmark Median ROCE | 27.05% |
| Benchmark Average ROCE | 32.15% |
| Company Market Capitalisation | Rs 25,722.65 crore |
| Benchmark Median Market Cap | Rs 16,489.44 crore |
| Benchmark Average Market Cap | Rs 26,375.3 crore |
GRSE operates in the Ship Building sector and the same industry. Within the supplied benchmark scope of six companies in the same industry, GRSE’s P/E of 32.13 sits above the peer median of 31.17 and below the peer average of 34.76. Its P/B of 9.19 is above the peer median of 7.85 and above the peer average of 6.72. On return metrics, GRSE’s ROE of 31.79% is above the benchmark median of 23.77%, while ROCE of 43.66% is also above the benchmark median of 27.05% and above the benchmark average of 32.15%.
The sector snapshot also shows market-cap data across six companies in the same industry, with GRSE at Rs 25,722.65 crore above the benchmark median market cap of Rs 16,489.44 crore and below the benchmark average of Rs 26,375.30 crore. That places GRSE in the upper half of the peer set by size. For sector performance analysis, the supplied data provides valuation and profitability context rather than an industry-wide price move. The relevant comparison is factual: GRSE is priced richer than the median peer on both P/E and P/B, while also showing stronger ROE and ROCE than the benchmark median. In stock analysis terms, that combination helps explain why GRSE Share Price remains a closely watched name in the ship building space.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Mazagon Dock Shipbuilders | MAZDOCK | 88,743.6 | 30.21 | 8.41 | 27.37 | 36.51 |
| Cochin Shipyard | COCHINSHIP | 36,226.22 | 51.4 | 5.8 | 12.52 | 17.6 |
| Knowledge Marine & Engineering Works | KMEW | 7,256.22 | 56.29 | 9.19 | 20.18 | 16.39 |
| Laxmipati Engineering Works | LAXMIPATI | 259.42 | 9.6 | 7.29 | 122.39 | 66.56 |
| VMS Industries | VMS | 43.69 | 28.9 | 0.44 | 8.5 | 12.18 |
Among the supplied peers, GRSE’s market capitalisation of Rs 25,722.65 crore is smaller than Mazagon Dock Shipbuilders at Rs 88,743.60 crore and Cochin Shipyard at Rs 36,226.22 crore, but larger than Knowledge Marine & Engineering Works at Rs 7,256.22 crore and far above Laxmipati Engineering Works at Rs 259.42 crore and VMS Industries at Rs 43.69 crore. On valuation, GRSE’s P/E of 32.13 is higher than Mazagon Dock’s 30.21 and VMS Industries’ 28.90, but lower than Cochin Shipyard’s 51.40 and Knowledge Marine’s 56.29.
GRSE’s P/B of 9.19 is the same as Knowledge Marine’s 9.19 and above Mazagon Dock’s 8.41, Cochin Shipyard’s 5.80, Laxmipati’s 7.29 and VMS Industries’ 0.44. On returns, GRSE’s ROE of 31.79% and ROCE of 43.66% both compare favourably with Mazagon Dock, Cochin Shipyard, Knowledge Marine and VMS Industries, while Laxmipati posts the highest ratios in the group. These numbers make GRSE Share Price an important reference point for investors comparing listed ship building names on valuation and return metrics.
Why Investors Are Watching GRSE
- GRSE Share Price fell 2.03% to Rs 2,200 from the previous close of Rs 2,245.50.
- The stock opened at Rs 2,232.60, hit a high of Rs 2,232.60 and a low of Rs 2,196.65.
- Market capitalisation stood at Rs 25,722.65 crore, and the stock is classified as Large Cap.
- P/E was 32.13, P/B was 9.19, ROE was 31.79% and ROCE was 43.66%.
- GRSE’s P/E and P/B sit above the peer median in the supplied ship building benchmark set.
About GRSE
Garden Reach Shipbuilders & Engineers operates in the Ship Building sector and the Ship Building industry. The supplied data places the company in the Large Cap category and gives it a market capitalisation of Rs 25,722.65 crore. The company is part of the listed ship building universe used in this note for valuation and peer comparison. For readers scanning GRSE Stock News or GRSE Latest News, this section simply frames the company within its sector and industry classification, which is the verified context available in the data set.
On the financial side, the company’s disclosed market metrics include P/E, P/B, ROE, ROCE, EPS, book value and dividend yield. Univest uses those figures to keep the GRSE Share Price conversation grounded in facts rather than assumptions. The stock remains relevant because it combines a sizeable market capitalisation with return ratios that are stronger than the benchmark median in the same industry group.
Track GRSE Share Price on Univest
Use Garden Reach Shipbuilders & Engineers (GRSE) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.
Readers can track GRSE Share Price on Univest for the latest share price, price action updates, valuation ratios, shareholding pattern, 52-week levels and market insights. Univest keeps the GRSE Share Price Today view focused on verified facts so investors can follow stock news, financial metrics and sector comparisons in one place.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did GRSE Share Price fall today?
Ans. GRSE Share Price fell 2.03% to Rs 2,200, but the supplied data does not establish a company-specific catalyst. The session data only confirms the price event, opening level, intraday range and turnover.
What was GRSE Share Price Today?
Ans. GRSE Share Price Today closed at Rs 2,200, down from the previous close of Rs 2,245.50. The stock moved between Rs 2,232.60 and Rs 2,196.65 during the session. The previous close was Rs 2,245.5.
What is the market capitalisation of GRSE?
Ans. GRSE had a market capitalisation of Rs 25,722.65 crore in the supplied data. That places the company in the Large Cap category and above the peer median market cap in the same industry benchmark.
How does GRSE compare on valuation with peers?
Ans. GRSE’s P/E of 32.13 is above the benchmark median of 31.17, while its P/B of 9.19 is above the benchmark median of 7.85. Compared with peers, it sits mid-to-upper range on valuation.
What do GRSE’s ROE and ROCE show?
Ans. GRSE reported ROE of 31.79% and ROCE of 43.66%. Both figures are above the benchmark median for the same industry group, which adds useful context for GRSE Share Price and GRSE Stock Analysis readers.
What do EPS, book value and dividend yield mean for GRSE?
Ans. GRSE’s EPS is Rs 69.89, book value is Rs 244.34 and dividend yield is 0.87%. EPS reflects earnings per share, book value reflects accounting net worth per share and dividend yield reflects payout context.
Which peers are most relevant for GRSE?
Ans. The supplied peer set includes Mazagon Dock Shipbuilders, Cochin Shipyard, Knowledge Marine & Engineering Works, Laxmipati Engineering Works and VMS Industries They provide a direct ship building comparison for GRSE Share Price.
