GRSE and Cochin Shipyard shares rally over 11% on Q4 earnings euphoria, defence order outlook

May 16, 2025

Antique Stock Broking anticipates a significant rise in the order books of India’s defence shipbuilders, projecting that combined orders for GRSE, Cochin Shipyard, and Mazagon Dock Shipbuilders could more than triple by FY27. This outlook is backed by increasing indigenization, a solid policy framework, and a strong defence capital expenditure pipeline.

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