Garden Reach Shipbuilders & Engineers (GRSE) announced a significant surge in its Q4FY25 net profit. The company’s profit after tax (PAT) rose 118% year-on-year to ₹224 crore. Revenue from operations also grew substantially. GRSE declared a dividend of ₹4.90 per share. The company’s Chairman expressed confidence in continued strong performance. GRSE’s stock has shown impressive gains over the past year.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in