There has been a sharp rise in the shares of ship building company Garden Reach Shipbuilders. The company’s shares reached a new high on Tuesday. Shares of Garden Reach Shipbuilders rose by more than 5% on Tuesday to reach Rs 2474. Shares of the smallcap company have risen by more than 70% in a month. Shares of Garden Reach Shipbuilders have crossed Rs 1417 to Rs 2400 in a month. In the last 5 days, shares of Garden Reach Shipbuilders have increased by more than 17%.
Shares jumped more than 200% in 3 months
Shares of Garden Reach Shipbuilders have seen a tremendous rise in the last 3 months. The company’s shares have increased by more than 200% in 3 months. Shares of Garden Reach Shipbuilders were at Rs 807.30 on April 1, 2024. The shares of the company have reached Rs 2474 on July 2, 2024. Shares of Garden Reach Shipbuilders have risen by more than 180% in the last 6 months. The shares of the company have increased from Rs 863.65 to Rs 2400 during this period. The 52-week high level of shares of Garden Reach Shipbuilders is Rs 2474. At the same time, the 52-week low level of the company’s shares is Rs 558.60.
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Stormy rise of 990% in shares in 2 years
Shares of Garden Reach Shipbuilders have increased by 990% in 2 years. Shares of the smallcap company were at Rs 220.85 on July 1, 2022. The shares of the company have reached Rs 2474 on 2 July 2024. In the last 5 years, shares of Garden Reach Shipbuilders have seen a rise of more than 1930 percent. The company’s shares were at Rs 118.60 on July 5, 2019. Shares of Garden Reach Shipbuilders have reached Rs 2474 on July 2, 2024.
500% rise from IPO, experts said the price will increase further, gave new target price