Empowering defense sector in India is a mandatory need and, in this post, we are going to analyze the GRSE share price target 2024, 2025, 2026, 2027, 2028, 2029, and 2030 & 2040 for education purposes.
Along with the GRSE stock price prediction, we’ll take a look at the company’s profile, latest technologies used, their competitors & peers, technical factors, Annual Profits, fundamental analysis, strength & weakness, positive cash flow, balance sheet, shareholding patterns & promoters, and much more.
After reading this post, we must say that you might able to decide whether GRSE stock is a good choice for long-term or swing trades.
A Brief Overview of Garden Reach Shipbuilders & Engineers (GRSE) History
The Garden Reach Shipbuilders & Engineers (traded as GRSE) is a Kolkata-based Defense public sector undertaking (PSU) that offers the services of shipbuilding under the assistance of Ministry of Defense, Govt. of India.
The company GRSE was founded in 1884 as a leading shipyard company in India. Their headquarter is located in West Bengal, Kolkata, India. On 2018, the GRSE was listed in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) through IPO.
However, the Garder Reach Shipbuilders & Engineers Ltd. was founded with an aim to manufacture, repair, and develop naval and commercial vessels to empowered the Defense system in India.
GRSE is also exports indigenous ships to other country as well. In this detailed blog post, we will get a knowledge and try to explore the GRSE share price target for 2024, 2025, 2026, 2030, and up to 2040.
As the company looks strong with strong fundamentals, the future of GRSE stock has strong potential to make the powerful ships and vessels equipped with the latest technologies and strong order books.
Also, the GRSE Limited has also gained the status of “Miniratna PSU” by the Government of India. For more detailing, we will use different market indicators, fundamentals, and technical analysis to predicts the potential and forecast of GRSE share up to the year 2040.
Below is the brief profile of GRSE Stock:
| Company Type- | Small Cap Company |
| Expertise or Industry- | Defense and Ship Building |
| Ticker Symbol- | NSE- GRSE BSE- 542011 NSE NIFTY 500 Constituent |
| Traded As (Listed In)- | National Stock Exchange (NSE). Bombay Stock Exchange (BSE). |
| Founded In- | 1884 |
| Founders- | Cmde PR Hari |
| Headquarters- | West Bengal, Kolkata, India |
| Key People- | Cmde PR Hari (Chairman- Retd.) |
| Area Served- | Worldwide |
| Parent Holders- | Ministry of Defense, Govt. of India |
| Subsidiaries- | None |
| Official Website- | grse.in |
Fundamental Analysis of GRSE Stock
Currently, the GRSE Share Price today– Rs 1751.25.
The with the help of market indicators such as MACD, RSI, PE Ratio, and more we can also analyze the fundamental and technical aspects of the stock that will help us to predict the GRSE share price target tomorrow. So, below is table of data that will give you an idea about the financial data analysis of GRSE shares in the Indian Stock Market.
| Market Cap- | ₹ 20,061 Cr. |
| Total No. of Shareholders- | 4.05L |
| Total Equity Shares- | 11.50 Crore |
| P/E Ratio- | 52.10 |
| P/B Ratio- | 11.99 |
| Face Value- | ₹ 10.00 |
| Book Value (TTM)- | ₹161.00 |
| EPS (TTM)- | Rs.33.60 |
| Dividend Yield- | 0.53% |
| Beta- | 1.52 |
| Promoter Holding- | 74.50% |
| ROE- | 22.20% |
| ROCE- | 27.40% |
| Debt to Equity- | 0.01% |
GRSE Share Price Targets
To make the country strong and powerful, defense sector plays an important role in India and manufacturing shipyards and vessels is one of them as the company GRSE is known for.
After analyzing the company’s fundamentals with strong order books, we have seen a tremendous growth in the GRSE stock which had given around 753.50% returns since 2019. In 2019, the price of GRSE stock is consolidating at ₹200 but now in 2024, the price is already touched the mark of ₹2833.80.
With this strong growth of GRSE Ltd, we may predict that the GRSE share is going to perform amazing in the Defense sector in the upcoming 10-15 years with an amazing growth potential with strong promoter holdings. So, below we are providing the GRSE stock price prediction 2024, 2025 and up to 2030.
Below is the table of GRSE Share Price Target for the years 2024 to 2040 which will be discussed below in this post.
| GRSE Stock Price Target 2024 | ₹870.25 to ₹1850.75 |
| GRSE Stock Price Target 2025 | ₹1851.20 to ₹3015.30 |
| GRSE Stock Price Target 2026 | ₹3016.10 to ₹3740.50 |
| GRSE Stock Price Target 2027 | ₹3741.80 to ₹4410.65 |
| GRSE Stock Price Target 2028 | ₹4411.70 to ₹5180.55 |
| GRSE Stock Price Target 2029 | ₹5181.95 to ₹5890.85 |
| GRSE Stock Price Target 2030 | ₹5891.25 to ₹6700.20 |
| GRSE Stock Price Target 2035 | ₹6710.45 to ₹7640.90 |
| GRSE Stock Price Target 2040 | ₹7641.30 to ₹8420.95 |
It may also be noted that the table below displays information of GRSE Share Price Targets of all the particular years are just an example target. All the share price targets in this post are made only for education purpose only.
GRSE Share Price Target 2024
| Year | GRSE Stock Price in 2024 |
| 2024 | ₹870.25 to ₹1850.75. |
GRSE Share Price Target 2025
| Year | GRSE Stock Price in 2025 |
| 2025 | ₹1851.20 to ₹3015.30. |
GRSE Share Price Target 2025– As the country is developing their own defense equipment to make themselves powerful, the shipbuilding in defense stocks will also boom and having a potential to multiply your investments as we have already seen the potential in this GRSE stock since 2019. With our prediction, the GRSE Stock has chances to lie in the range of Rs.1851.20 to Rs.3015.30 by the end of 2025.
GRSE Share Price Target 2026
| Year | GRSE Stock Price in 2026 |
| 2026 | ₹3016.10 to ₹3740.50. |
GRSE Share Price Target 2027
| Year | GRSE Stock Price in 2027 |
| 2027 | ₹3741.80 to ₹4410.65. |
GRSE Share Price Target 2028
| Year | GRSE Stock Price in 2028 |
| 2028 | ₹4411.70 to ₹5180.55. |
GRSE Share Price Target 2029
| Year | GRSE Stock Price in 2029 |
| 2029 | ₹5181.95 to ₹5890.85. |
GRSE Share Price Target 2030
| Year | GRSE Stock Price in 2030 |
| 2030 | ₹5891.25 to ₹6700.20. |
GRSE Share Price Target 2030– Considering the leading market cap in the shipbuilding sector, the GRSE has strong order books with strong promotor holdings that makes this stock fundamentally strong to give tremendous returns. In 2030, their stock price will lie in the range of Rs.5891.25 to Rs.6700.20 by the end of 2030.
GRSE Share Price Target 2035
| Year | GRSE Stock Price in 2035 |
| 2035 | ₹6710.45 to ₹7640.90. |
GRSE Share Price Target 2035– the GRSE stock price prediction for 2035 will lie between Rs.6710.45 to Rs.7640.90 as the government allot heavy budget every year for defense to make the country independent in defense sector equipped with the latest technologies. We can’t surprise if the GRSE share price will break their own 52-week high to make the new milestone.
GRSE Share Price Target 2040
| Year | GRSE Stock Price in 2040 |
| 2040 | ₹7641.30 to ₹8420.95. |
GRSE Share Price Target 2040– Considering growth in QoQ profits with improving EPS, increase in projects, positive cash flow, increase in sales from exports, and strong balance sheet, the GRSE share will might lie between the price range of Rs.7641.30 to Rs.8420.95 by the end of 2040.
Shareholding Pattern of GRSE Stock
Below is the table that shows the overall shareholders in the Garden Reach Shipbuilders & Engineers Limited till September 2024.
| Total Promotor Holding | 74.50% |
| Mutual Funds | 1.61% |
| Other Domestic Institutions (DII) | 0.26% |
| Foreign Institutions (FII) | 3.65% |
| Retail Investors | 16.78% |
| Other Parties | 3.20% |
Strength and Weakness of GRSE Share
This portion of the article showcase the strength and weakness of Garden Reach Shipbuilders & Engineers Ltd. (GRSE) in the defense & ship building sector so that people can decide whether the stock has potential or not.
| Strength | Weakness |
| Increase in the ROE and Earning Yield. | Traded at high PE. |
| High EPS and improving ROCE | PEG ratio is greater than Industry PEG. |
| Outperforming stock compared to industry. | Declining Net Cash Flow. |
| Company with zero debt. | PE is higher than Industry PE. |
GRSE Peers & Competitors
Below is the list of companies that shows an amazing competition to GRSE share in the Defense Shipbuilding sector.
- Cochin Shipyard Ltd.
- Zen Technologies Ltd.
- Mazagon Dock Ltd.
- Taneja Aerospace & Aviation Ltd.
Final Words about GRSE Share Price Target
We hope that this post might help you to gain knowledge about the leading Defense company including GRSE share price target. Also, this educational post help to get an idea whether the GRSE stock has potential and growth in the upcoming years in defense sector for India.
According to our analysis, we might say that GRSE share has potential with a strong momentum in the upcoming years as well because the defense sector boost the economy and make the powerful.
Also, the GRSE Ltd. is a debt free company with a huge capex and order book that makes stock boost fast in the Indian stock market. This stock is might considered to be in your watchlist for long term investment or for trading purposes at your own risk and proper research.
The demand for the naval vessels and ships is going to be increase every year that will helps the GRSE stock grow and give good returns to the investors in future.
Do your own research properly at your own risk because market is unpredictable with a lot of ups & downs. Also, the news related to GRSE and other scenarios could also impact the GRSE stock’s performance.
Therefore, these GRSE stock price targets should use as a guideline and not as a financial advice. Always perform your owns research and knowledge before making any investments.
We hope that you all do proper research before picking the GRSE share for investment! Please read the Disclaimer below.
