Defence stock rises 4% on strong Q2 results and dividend
market hours1 source ↓written by the desknot a recommendation
- reported
- 45.49% YoY revenue growth
- in Q2 FY26
- 57.30% YoY net profit surge
- a dividend
- ₹5.75 per share
- intraday high
- ₹2,650
- post-announcement
- 4% increase
Garden Reach Shipbuilders & Engineers Limited reported 45.49% YoY revenue growth and a 57.30% YoY net profit surge in Q2 FY26, alongside a dividend of ₹5.75 per share. The stock reached an intraday high of ₹2,650, reflecting a 4% increase post-announcement. This performance may enhance investor sentiment in the defence sector.
• Market cap: ₹29,602.53 cr
• Current trading price: ₹2,584.20
Traders should monitor further movements as the stock stabilizes after the initial surge.
Not investment advice. For informational purposes only.