Garden Reach Shipbuilders Becomes L1 to Supply 15-Ton Electric Bollard Pull Tug
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has secured the contract as the lowest bidder (L1) for the supply of a 15 TON Electric Bollard Pull Tug. The tender was issued by Shyama Prasad Mukherjee Port, Kolkata (SMPK).The successful outcome places GRSE in a significant role within the port infrastructure market. The bid was opened on June 23, 2026, and GRSE emerged as the L1 bidder for one unit of the Electric Bollard Pull Tug.
The approximate value of the contract is ₹40.00 crores. This achievement marks the culmination of GRSE's participation in the specialized tender process conducted by SMPK.
GRSE Stock Price Movement
Garden Reach Shipbuilders & Engineers Limited slipped by 2.29% to settle at ₹2802.2 after closing trade today.The stock traded within a range of ₹2790.2 to ₹2865, with total volume reaching 809,861 shares.
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