IHCL Faces ₹19.95 Lakh Penalty from BMC Over Past Deviations at Mumbai Property

Indian Hotels Company Limited (IHCL), the Tata Group’s hospitality arm and owner of the Taj brand, has disclosed a penalty of ₹19.95 lakh imposed by the Brihanmumbai Municipal Corporation (BMC) for past deviations at its Taj Wellington Mews property in Mumbai.

The penalty was issued by the Office of the Assistant Commissioner (Estates), BMC, and the company received the order on April 15, as per a regulatory filing with both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Penalty Related to Past Irregularities

IHCL clarified that the penalty pertains to deviations that occurred in the past, and that the matter has no further financial implications beyond the stated amount. The company did not specify the exact nature of the deviations but stressed that the issue has been addressed within the current regulatory framework.

No Impact on Business Operations

Reassuring stakeholders, IHCL confirmed in its filing:“There will be no impact on operations or other activities of the company.”

This statement affirms that the issue is not expected to affect ongoing business functions or the strategic direction of the company.

Stock Performance 

On April 01, 2025, IHCL share price ended 0.04% higher at ₹836.70. IHCL share price reached a 52-week high of ₹894.15 and a 52-week low of ₹507.45. As per BSE, the total traded volume for the stock stood at 0.29 lakhs with a turnover of ₹2.46 crores.

According to exchange data, IHCL shares are trading at a price-to-earnings (P/E) ratio of 92.10x, based on its trailing 12-month earnings per share (EPS) of ₹9.14, and a price-to-book (P/B) ratio of 11.54.

Conclusion

IHCL is a leading player in the global hospitality sector, operating a vast portfolio of hotels under well-known brands including Taj, SeleQtions, Vivanta, and Ginger. The company continues to expand its footprint across key domestic and international markets, with a focus on premium hospitality experiences.

The disclosure demonstrates IHCL’s commitment to transparency and regulatory compliance while maintaining business continuity and brand integrity.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Waaree Renewable Q4 Profit Jumps 83% to ₹94 Crore; Revenue Surges 74%

Waaree Renewable Technologies Ltd (WRTL) is set to be in the spotlight on Thursday after the company posted robust earnings for the quarter ended March 2025. The renewable energy firm reported a consolidated net profit of ₹93.76 crore, marking an 83% year-on-year (YoY) growth from ₹51.31 crore in the same period last year.

Q4 FY25 Performance

WRTL’s revenue from operations surged 74% YoY to ₹476 crore, compared to ₹273 crore in the March quarter of the previous year. The company also reported a 68% rise in EBITDA, reaching ₹126 crore as against ₹75 crore during the corresponding period last year.

For the full financial year FY25, the company clocked a total revenue of ₹1,597.75 crore, an impressive 82.29% increase from ₹876.50 crore reported in FY24. This growth rate significantly outpaces the overall performance of India’s solar sector.

“This performance underlines the strength of our integrated business model, execution capabilities, and deep understanding of the renewable energy ecosystem,” said Manmohan Sharma, CFO of Waaree Renewable Technologies.

Key Leadership Appointments Approved

Alongside its earnings report, the WRTL board approved several strategic leadership changes, effective April 16, 2025:

  • Sudhir Arya has been appointed as an Additional (Non-Executive, Independent) Director.
  • Sunil Rathi’s role has been elevated from Non-Executive Director to Executive Director, with the terms to be finalised by the board.
  • Manmohan Sharma has been officially appointed as Chief Financial Officer (CFO).

Strengthening Sectoral Presence

A subsidiary of Waaree Energies, one of India’s leading renewable energy firms, WRTL continues to strengthen its foothold in the fast-growing solar sector. The company’s strong quarterly and annual performance, combined with its strategic leadership changes, positions it well for future expansion in India’s clean energy landscape.

Stock Performance 

On April 17, 2025, Waaree Renewable Technologies share price traded 3.95% higher at ₹2,316.50 at 9:18 AM (IST). Waaree Renewable Technologies share price reached a 52-week high of ₹3,740.75 and a 52-week low of ₹1,808.65. As per BSE, the total traded volume for the stock stood at 6,274 shares with a turnover of ₹1.44 crores.

Conclusion 

Waaree Renewable Technologies’ strong Q4 and FY25 performance highlights its rapid growth and effective business strategy in the renewable energy space.

With key leadership changes and revenue significantly outpacing industry trends, the company is well-positioned for continued expansion. As a subsidiary of Waaree Energies, WRTL is set to play a vital role in India’s solar future.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Shares That Hit Circuit Limits On April 15, 2025, FINO Payments Bank, Gensol Engineering, and More

On April 15, 2025, BSE Sensex closed 2.10% higher at 76,734.89, while Nifty50 jumped 2.19% to 23,328.55. Amidst the market volatility, stocks like Gensol Engineering, FINO Payments Bank, Inox Green Energy Services, and Tembo Global Industries hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today.

Stocks That Hit Upper Circuit on April 15, 2025

Symbol LTP %chng Price Band % Volume(Lakhs) Value(₹ Crores)
INOXGREEN 143.02 19.99 20 170.83 233.47
TARIL 563.95 3.55 5 40.61 231.62
FINOPB 249.02 20 20 43.9 106.18
BLUEJET 738.4 8.02 10 11.66 84.72
SHK 200 13.13 20 37.82 76.46

Stocks That Hit Lower Circuit on April 15, 2025

Symbol LTP %chng Price Band % Volume(Lakhs) Value(₹ Crores)
GENSOL 129 -2.76 5 45.32 57.91
TEMBO 473.6 -4.99 5 0.82 3.94
KESORAMIND 3.5 -4.37 5 43.21 1.51
LAWSIKHO 161.6 -1.01 5 0.58 0.91
JPASSOCIAT 3.7 -5.13 5 23.22 0.86

Overview of Companies Hitting Circuits Today

  • FINO Payments Bank

On April 15, 2025, FINO Payments Bank share price ended 20% higher at ₹249.02. FINO Payments Bank share price reached a 52-week high of ₹466.40, and a 52-week low of ₹180.50. At the current price, FINO Payments Bank shares are trading at a price-to-earnings (P/E) ratio of 22.25x, based on its trailing 12-month earnings per share (EPS) of ₹11.26, and a price-to-book (P/B) ratio of 3.02, according to exchange data.

  • Tembo Global Industries

On April 15, Tembo Global Industries share price ended 4.99% lower at ₹473.06. Tembo Global Industries’ share price reached a 52-week high of ₹905.00, and a 52-week low of ₹191.35. At the current price, Tembo Global Industries shares are trading at a price-to-earnings (P/E) ratio of 13.49x, based on its trailing 12-month earnings per share (EPS) of ₹18.19, and a price-to-book (P/B) ratio of 7.82, according to exchange data.

  • Gensol Engineering

On April 15, Gensol Engineering share price ended 2.76% lower at ₹129.00. Gensol Engineering’s share price reached a 52-week high of ₹1,125.75, and a 52-week low of ₹126.55. At the current price, Gensol Engineering shares are trading at a price-to-earnings (P/E) ratio of 3.89x, based on its trailing 12-month earnings per share (EPS) of ₹33.85, and a price-to-book (P/B) ratio of 0.78, according to exchange data.

  • Inox Green Energy Services

On April 15, Inox Green Energy Services share price ended 19.99% higher at ₹143.02. Inox Green Energy Services share price reached a 52-week high of ₹224.65, and a 52-week low of ₹95.65. At the current price, Inox Green Energy Services shares are trading at a price-to-earnings (P/E) ratio of 213.58x, based on its trailing 12-month earnings per share (EPS) of ₹0.67, and a price-to-book (P/B) ratio of 2.66, according to exchange data.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Nifty Smallcap 100 Gains 2.67% with KEC International, Data Patterns Leading the Gains on April 15, 2025

The Nifty Smallcap 100 Index witnessed a strong surge of 2.67% on April 15, 2025, reaching 16,115.75, up by 419.65 points as of 11:18 AM on the NSE. This rise reflects renewed investor interest in the small-cap segment, despite previously mixed sentiment in the broader market.

The Nifty Smallcap 100 serves as a key benchmark for small-cap stocks, representing approximately 5% of the free-float market capitalisation of all stocks listed on the NSE as of September 30, 2024.

Over the past six months, the total traded value of these stocks accounted for around 11% of the total traded value on the NSE, highlighting their growing relevance in market activity.

Top Gainers in Nifty Smallcap 100

Several stocks had a positive impact on the index’s performance, weighing it up.

Top Losers on the Nifty Smallcap 100 

On the flip side, several stocks had a negative impact on the index’s performance, weighing it down.

  • Bata India shares fell by 0.76% to trade at ₹1,232.50, becoming one of the top losers on the Nifty Smallcap 100.
  • Manappuram Finance share price traded 0.50% higher at ₹224.80.
  • Atul Limited shares fell 0.24% to ₹5,714.00 in today’s trade.

Market Overview

Markets witnessed a strong rally on April 15, 2025, with the Nifty Smallcap 100 index jumping 2.67%, led by robust gains in Data Patterns and KEC International. The rally was mirrored in the broader markets as well, with the Nifty 50 and Sensex climbing over 1% each, extending their recent gains.

Investor sentiment turned decisively bullish after U.S. President Donald Trump announced a 90-day pause on tariffs, easing global trade tensions. The move has positively impacted export-sensitive sectors, particularly automobile and IT stocks, which saw notable gains during the session.

While the overall outlook has improved, volatility in the small-cap segment remains a concern. Market experts advise investors to remain cautious and stay updated on sector-specific trends that could influence future market performance. A close watch on global developments and domestic policy cues is expected to guide investor strategies in the near term.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bajaj Housing Finance Shares in Focus as One-Year Shareholder Lock-In Ends

Shares of Bajaj Housing Finance Ltd., the listed subsidiary of Bajaj Finance Ltd., are expected to be in focus on Tuesday, April 15, as the one-year lock-in period for its shareholders comes to an end. With this, a substantial 529.1 crore equity shares, accounting for 64% of the company’s outstanding equity, will become eligible for trading in the open market.

While this unlock significantly expands the free-float in the market, it’s important to note that the end of the lock-in period does not automatically imply that all eligible shares will be sold. Rather, shareholders now have the option to trade these shares.

Promoters Maintain Strong Hold

As per the latest available data for the quarter ended December 31, 2024, promoters continue to hold a dominant 88.75% stake in Bajaj Housing Finance. This strong promoter holding underscores continued confidence in the company’s long-term growth prospects.

Strong Growth Across Disbursements and AUM

Operationally, the company has maintained its growth trajectory. For the quarter ended March 2025, disbursements grew by 25% year-on-year, reflecting sustained demand and a strong lending pipeline. Similarly, loan book size increased to ₹99,500 crore, marking a comparable 25% growth.

Bajaj Housing Finance also reported a 25.5% year-on-year rise in its Assets Under Management (AUM), which reached ₹1.14 lakh crore. Meanwhile, the securitisation book expanded by nearly 26%, further strengthening the company’s balance sheet and revenue streams.

Stock Performance 

On April 11, 2025, shares of Bajaj Housing Finance ended 1.1% higher at ₹119.6. Although the stock remains well below its post-listing high of ₹188, it continues to trade above its initial public offering (IPO) price of ₹70 per share. The stock’s performance will now be closely watched as the newly unlocked shares enter the market.

With the end of the lock-in period and a solid operational performance backing it, investor sentiment towards Bajaj Housing Finance is likely to remain active in the sessions ahead.

Conclusion

With a significant portion of shares becoming tradable and strong financial performance in the recent quarter, Bajaj Housing Finance stands at a pivotal moment. The company’s consistent growth in disbursements, loans, and AUM highlights its robust business fundamentals.

As market participants gauge the impact of the share unlock, investor confidence is likely to remain supported by the company’s strong promoter backing and positive growth outlook in the housing finance sector.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Government to Prioritise AI, Machine Building in New ₹10,000 Cr Fund for Startups

The commerce and industry ministry is set to allocate a significant portion of the second ₹10,000 crore Fund of Funds Scheme (FFS) for startups in cutting-edge sectors such as new-age technology, artificial intelligence (AI), and machine building, a senior official confirmed.

Focus on High-Tech and Emerging Sectors

“We are going to dedicate a lot of this ₹10,000 crore fund of funds largely for the new age tech, AI, and machine building,” the official stated, underlining the government’s strategy to accelerate innovation and entrepreneurship in transformative industries.

The new FFS was announced in the Union Budget 2025, following the first iteration of the scheme that was launched in 2016 with a similar corpus to boost venture capital investments in Indian startups.

SIDBI Likely to Manage New Fund

Just like the 2016 scheme, the second Fund of Funds is expected to be managed by the Small Industries Development Bank of India (SIDBI). Under the current model, SIDBI allocates capital to SEBI-registered Alternative Investment Funds (AIFs), which in turn invest in eligible startups.

The original scheme played a crucial role in strengthening India’s venture capital ecosystem by acting as a catalyst for private investments in early- and growth-stage companies.

Building a Strong Startup Ecosystem

The new fund is part of the broader Startup India initiative, launched by the government on January 16, 2016, to foster innovation and support budding entrepreneurs. Under this initiative, over 1.5 lakh entities across more than 55 industries have been officially recognised as startups by the Department for Promotion of Industry and Internal Trade (DPIIT).

Recognised startups are eligible for a range of tax and non-tax benefits, including access to funding, regulatory support, and faster clearances under the Startup India Action Plan.

Conclusion 

The second ₹10,000 crore Fund of Funds Scheme reinforces the government’s commitment to fostering a vibrant startup ecosystem in India. By prioritising sectors like AI, machine building, and emerging technologies, the initiative aims to fuel innovation and drive long-term economic growth.

With SIDBI likely managing the fund again, the structured investment approach is set to empower thousands of early-stage ventures under the Startup India framework.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Info Edge Announces May 7 as Record Date for 1:5 Stock Split

Info Edge (India), the parent company of Naukri.com and a key stakeholder in Zomato, has announced May 7, 2025, as the record date for its previously declared stock split. The decision was confirmed through an exchange filing following shareholder approval via postal ballots on April 11.

1:5 Stock Split to Enhance Liquidity

The board-approved stock split will divide each existing equity share of face value ₹10 into five shares of ₹2 each. According to the company, all new shares will carry the same rights and privileges as the original shares.

The move is expected to enhance liquidity and attract more retail participation by making the stock more affordable. The last time Info Edge rewarded its shareholders in a similar fashion was through bonus issues in 2010 and 2012, both in the ratio of 1:1.

Dividend History and Stock Performance

Over the past three years, Info Edge has paid a total dividend of ₹66 per share to its shareholders, reflecting a consistent focus on rewarding long-term investors.

On April 12, 2025 shares of Info Edge closed 2.2% higher at ₹6,550. While the stock has traded relatively flat over the last month, it remains down by 25% year-to-date in 2025, underperforming the broader indices.

Conclusion

The upcoming stock split by Info Edge is expected to improve liquidity and attract more retail investors by making shares more affordable.

Despite the recent dip of 25% in its stock price in 2025, the company’s consistent dividend payout and past bonus issues highlight its commitment to rewarding shareholders. The split could offer a short-term boost if market conditions improve.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Foreign Investors Pull Out ₹31,575 Crore from Indian Equities in April Amid Global Tariff Turmoil

Foreign portfolio investors (FPIs) have withdrawn ₹31,575 crore from Indian equity markets in the first eleven days of April 2025, as heightened global trade tensions triggered by sweeping US tariffs led to turbulence across global financial markets.

This outflow follows a relatively positive trend observed toward the end of March when FPIs had infused ₹30,927 crore in the six trading sessions between March 21 and March 28. That infusion had helped limit March’s overall net outflow to ₹3,973 crore, according to data from depositories.

Sharp Turnaround After March Respite

Compared to earlier months, the April outflows mark a sharp turnaround, though the trend reflects an overall improvement in FPI activity since the start of the year. In February, FPIs had withdrawn ₹34,574 crore, while January saw a massive outflow of ₹78,027 crore.

Despite the recent inflows in late March, the return of risk aversion in April underscores the volatility and evolving investor sentiment amid ongoing global uncertainties.

Total FPI Outflow Reaches ₹1.48 Lakh Crore in 2025

With the latest data, total FPI outflows from Indian equities so far in 2025 have surged to ₹1.48 lakh crore, reflecting the cautious stance foreign investors have adopted in light of shifting global trade policies and monetary dynamics.

Debt Segment Also Sees Withdrawals

The impact of FPI pullback was not limited to equities. In the debt markets, foreign investors also withdrew ₹4,077 crore under the general limit and ₹6,633 crore from the voluntary retention route (VRR), adding further strain on capital flows.

As global markets continue to adjust to the new trade realities and central bank policies, analysts expect FPI flows to remain sensitive to international developments in the weeks ahead.

Conclusion 

The significant FPI outflows in early April highlight growing investor caution amid escalating global trade tensions.

While late March offered a brief respite, ongoing uncertainty around US tariffs and global market volatility continues to drive capital flight. Sustained inflows may depend on policy clarity and improved global economic sentiment in the coming months.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

HUL, RIL Lead as Top Indian Firms Add ₹84,559 Cr in Market Capitalisation

Despite a holiday-shortened week and a dip in benchmark indices, five of the top-10 most valued Indian firms added a combined ₹84,559.01 crore to their market capitalisation last week, with Hindustan Unilever emerging as the biggest gainer.

The broader markets, however, witnessed weakness. The BSE Sensex slipped 207.43 points, or 0.27%, while the NSE Nifty50 declined 75.9 points or 0.33%.

Indian stock markets remained closed on Thursday due to the observance of Shri Mahavir Jayanti.

Hindustan Unilever, Reliance Among Top Gainers

Hindustan Unilever saw its market valuation surge by ₹28,700.26 crore, taking its total market cap to ₹5,56,054.27 crore — the highest gain among the top-10 most valued companies.

Reliance Industries followed, adding ₹19,757.27 crore to reach a market capitalisation of ₹16,50,002.23 crore, retaining its position as the most valued Indian firm.

ITC registered a gain of ₹15,329.79 crore in valuation, pushing its market cap to ₹5,27,845.57 crore.

Bajaj Finance‘s market valuation rose by ₹12,760.23 crore to ₹5,53,348.28 crore. Bharti Airtel also recorded a healthy rise, with its m-cap increasing by ₹8,011.46 crore to ₹10,02,030.97 crore.

TCS, Infosys, SBI See Major Erosion

On the other hand, five other companies in the top-10 list witnessed a decline in their market valuation. Tata Consultancy Services (TCS) suffered the biggest erosion, losing ₹24,295.46 crore in valuation, bringing its m-cap down to ₹11,69,474.43 crore.

Infosys followed, with a decline of ₹17,319.11 crore, taking its total valuation to ₹5,85,859.34 crore. The market cap of the State Bank of India dropped by ₹12,271.36 crore to ₹6,72,960.97 crore. ICICI Bank’s valuation slipped by ₹8,913.09 crore, ending the week at ₹9,34,351.86 crore.

HDFC Bank, the second-most valued company, saw its cap decline by ₹7,958.31 crore to ₹13,82,450.37 crore.

Top 10 Companies According to Market Cap

Despite the mixed trend in valuations, Reliance Industries continued to top the list of India’s most valued firms. It was followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Hindustan Unilever, Bajaj Finance, and ITC in that order.

Conclusion 

The week showcased a mixed performance among India’s top-valued companies, with notable gains by Hindustan Unilever, Reliance, and ITC, while tech giants like TCS and Infosys saw sharp declines.

Despite the overall dip in benchmark indices, select firms demonstrated strong investor confidence. The unchanged top-10 rankings highlight the market’s resilience and the continued dominance of sector leaders across industries, even amid short trading weeks and market volatility.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

GRSE Signs MoU with SWAN Defence to Strengthen India’s Commercial Shipbuilding Capabilities

Garden Reach Shipbuilders & Engineers Ltd (GRSE), a leading defence public sector undertaking, has signed a Memorandum of Understanding (MoU) with SWAN Defence and Heavy Industries Ltd to enhance indigenous capabilities in the commercial shipbuilding sector. The collaboration aims to support national maritime interests while targeting international clients.

The two shipyards will work together on a non-exclusive basis, focusing on the construction of commercial vessels and offshore structures. By leveraging a shared and complementary vendor ecosystem, the partnership aims to ensure faster project execution and cost optimisation.

Massive Market Opportunity Ahead

India’s commercial shipbuilding sector is poised for significant growth, with the market estimated to offer opportunities worth ₹12,000–15,000 crore annually over the next 12–15 years. Key segments identified for development include coastal shipping, dredgers, ferries and cruise vessels, and gas carriers.

This collaboration is expected to play a critical role in meeting the growing demand in these segments, both domestically and globally, while supporting India’s self-reliance goals under the ‘Aatmanirbhar Bharat’ initiative.

GRSE Eyes Portfolio Diversification

Currently, 85% of GRSE’s revenue is derived from shipbuilding activities, primarily in the defence sector. The MoU with SWAN Defence marks a strategic step towards diversifying its portfolio and establishing a stronger presence in the commercial maritime domain.

By expanding into the commercial space, GRSE seeks to utilise its expertise and infrastructure to capture emerging market opportunities and contribute to India’s growing stature as a shipbuilding hub.

Stock Performance 

On April 09, 2025, Garden Reach Shipbuilders & Engineers share price traded 2.26% lower at ₹1529.00 at 9:46 AM (IST). Garden Reach Shipbuilders & Engineers’ share price reached a 52-week high of ₹2,834.60, and a 52-week low of ₹820.05. As per BSE, the total traded volume for the stock stood at 0.14 lakh shares with a turnover of ₹2.17 crores.

According to exchange data, Garden Reach Shipbuilders & Engineers shares are trading at a price-to-earnings (P/E) ratio of 44.28x, based on its trailing 12-month earnings per share (EPS) of ₹34.46, and a price-to-book (P/B) ratio of 9.49.

Conclusion

The GRSE-SWAN partnership marks a pivotal move towards strengthening India’s commercial shipbuilding capabilities. By combining expertise and resources, the collaboration not only aligns with the nation’s ‘Aatmanirbhar Bharat’ vision but also positions both companies to tap into lucrative domestic and global markets.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.