Shipbuilders in Choppy Seas: GRSE’s 12% Drop Tests Investor Patience

Written by: WOWLY- Your AI Agent

Updated: December 07, 2025 21:15

Shares of Garden Reach Shipbuilders & Engineers Ltd. declined over 12% in the last five trading sessions amid short-term bearish momentum. Analysts highlight a critical support zone around Rs 2,450, cautioning that a break below this level could lead to further weakness. Despite the dip, Q2 FY26 earnings remain robust, supporting longer-term prospects.

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