This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated GRSE share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: Garden Reach Shipbuilders and Engineers Ltd.
Headquarters: Kolkata, West Bengal, India
Founded: 1884
Industry: Defense and Civil Industry
Garden Reach Shipbuilders and Engineers Ltd. is an Indian shipbuilding company that was established in 1884. It is Headquartered in Kolkata, West Bengal, India. GRSE engages in the production of ships, naval vessels, and other related products, and it also exports its offerings globally.
Table of Contents
GRSE share price target 2024 to 2030 and 2035
GRSE Share Price Targets are: 2024 – 1520 to 1686, 2025 – 1723 to 2490, 2026 – 2976 to 3266, 2027 – 3865 to 4522, 2028 – 5201 to 5684, 2029 – 6320 to 6845, 2030 – 7643 to 8200 and price forecasted 14564 to 15255 by 2035.
| Year | First target | Second target |
| 2024 | 1520 | 1686 |
| 2025 | 1723 | 2490 |
| 2026 | 2976 | 3266 |
| 2027 | 3865 | 4522 |
| 2028 | 5201 | 5684 |
| 2029 | 6320 | 6845 |
| 2030 | 7643 | 8200 |
| 2035 | 14564 | 15255 |
GRSE share price target 2024
The NSE and BSE listed Garden Reach Shipbuilders and Engineers Ltd. under the symbol GRSE as of October 2018. The company’s closing share price as of October 07, 2024, was 1543. It is not a fixed share price; fluctuation happens every second in the open market.
GRSE share price target 2024 is 1520 as the first target and 1686 as the second target
| Month | First target | Second target |
| August | 1410 | 1588 |
| October | 1422 | 1520 |
| December | 1615 | 1686 |
GRSE share price target 2025
GRSE is a public sector undertaking (PSU) under the Ministry of Defence of the Government of India. company manufacturers ships, frigates, engines, misile Corvette, Machineries, vessels, and also building bridges etc.
GRSE initial forecasted share value for the beginning of 2025 is 1705. The semi-annual price forecast may rise to 1723 in a positive market sentiment. The price at the end of the year is forecast at 2490.
| Month | First target | Second target |
| January | 1655 | 1705 |
| May | 1723 | 1810 |
| September | 2005 | 2102 |
| December | 2260 | 2490 |
GRSE share price target 2026
GRSE initial forecasted share value for the beginning of 2026 is 2310. The semi-annual price forecast may rise to 2540 in a positive market sentiment. The price at the end of the year is forecast at 3266.
| Month | First target | Second target |
| January | 2244 | 2310 |
| May | 2540 | 2711 |
| September | 2976 | 3105 |
| December | 3215 | 3266 |
GRSE share price target 2027
Revenue has grown by 44% YoY, and expenses decreased by 34%. The company made a profit after tax of Rs. 357 crore in the financial year 2024 compared to 228 crore in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the GRSE share price target 2027 is 3108 at the beginning, 3865 at the middle of the year, and 4522 at the end of the year.
| Month | First target | Second target |
| January | 2865 | 3108 |
| May | 3379 | 3520 |
| September | 3865 | 4102 |
| December | 4311 | 4522 |
GRSE share price target 2028
GRSE share price target 2028 is 4742 at the start of the financial year. The price was forecast at 5201 in the middle of the year with some price consolidation for some months, and the projected share price is 5684 at the end of the year.
| Month | First target | Second target |
| January | 4610 | 4742 |
| May | 4820 | 5050 |
| September | 5201 | 5430 |
| December | 5510 | 5684 |
GRSE share price target 2029
GRSE share price target 2029 is expected to reach 6320 to 6845, with some consolidation zones. The initial forecasted share value for the beginning of the year is 5824.The semi-annual price forecast may rise to 6320 in a positive market sentiment. The price at the end of 2029 is forecast at 6618 to 6845.
| Month | First target | Second target |
| January | 5725 | 5824 |
| May | 5978 | 6105 |
| September | 6320 | 6468 |
| December | 6618 | 6845 |
GRSE share price target 2030
The initial price target of GRSE is 7050 at the beginning of the year 2030. The half-yearly price forecast can rise to 7643 in a positive market situation. The price at the end of the year is forecast to 8200.
| Month | First target | Second target |
| January | 6923 | 7050 |
| May | 7356 | 7530 |
| September | 7643 | 7768 |
| December | 8088 | 8200 |
Also read Mazagon Dock share price target
GRSE share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of GRSE share price target 2035 to be 14300 at the beginning of the year, 14564 at the middle of the year, and 15255 at the end of the financial year.
What is GRSE?
GRSE is a Garden Reach Shipbuilders and Engineers Ltd. Incorporated in 1884 as a small factory for shilp building and repair. Later in 1960 the company acquired by Government of India, and named the Miniratna status.
What is GRSE share price target for 2024?
GRSE share price target 2024 is 1520 as the first target and 1686 as the second target.
What is GRSE share price target for 2025?
GRSE share price target 2025 is 1723 as the first target and 2490 as the second target.
conclusion
This article presents GRSE share price target 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.