Stock Shock: Shares that surged 68% in one month, find out what happened suddenly.

News Topical, Digital Desk : After the company announced its fourth quarter results (Q4 results), its shares saw a sharp rise. On Wednesday, April 29, the shares are trading up by 15 percent. It's worth noting that the shares have risen 68 percent so far in April. Find out which company this is and why the stock is soaring.

The stock of Garden Reach Shipbuilders Ltd. had increased by 56 percent in May 2025.
The stock of Garden Reach Shipbuilders Ltd. has continued to rise. The shares of its peer companies Cochin Shipyard and Mazagon Dock Shipbuilders have also seen a rise. This is on track to become the best month in the company's history so far. Earlier, a rise of 56 percent was seen in May 2025 and 53 percent in June 2024.

Company's revenue increased by 29 percent
Earlier, the shares fell by 19 percent in March and a decline of 12 percent was recorded in February. In the March quarter, the company's revenue increased by 29 percent compared to last year, the reason for which is said to be better execution. During this period, the margin increased by 330 and 770 basis points on yearly and quarterly basis. 

Cost of raw material reduced The cost of raw material reduced to 49 percent, which was 67 percent last year. This improved the profitability. However, subcontracting expenses increased by 3.5 times and other project expenses also doubled. 

The order book of the company is around Rs 16300 crore According to DAM Capital, the order book of the company is expected to be around Rs 16300 crore, which was Rs 18400 crore at the end of December quarter. The brokerage estimates that orders worth approximately ₹25,000 crore could be received in the first quarter, and orders worth ₹30,000 crore for next-gen frigates could arrive by the end of FY27 or early FY28. DAM Capital believes that FY27 will be the company's peak revenue booking year, after which a slight decline is expected in FY28. Meanwhile, Mazagon Dock Shipbuilders shares rose 3.5 percent and Cochin Shipyard shares rose 3 percent. 

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