Garden Reach Shipbuilders & Engineers is one of India's leading shipyards, located in Kolkata, West Bengal. It builds and repairs commercial and naval vessels.
The company posted 11.5% drop in net profit to Rs 52.23 crore on a 37.9% fall in net sales to Rs 272.44 crore in Q2 FY21 over Q2 FY20.
In the past one year, the stock has declined by 6.39% while the benchmark S&P BSE Sensex has added 18.17% during the same period.