GRSE signs USD 62.44 million export order for four hybrid vessels

Export order in hard currencyBusiness Updates View source PDF Explain this filing

GRSE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹2603.50

prior close

₹2695.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.9%+3.0% vs market

Aerospace & Defense peers, median of 20sector-0.3%+2.5% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Smallcap 250 and 2.5 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.9

10m

+1.1

15m

+0.9

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1-0.9+3.0-0.3+2.5

Next day

+2.9-1.4+4.3-1.1+4.0

+4.6-2.0+6.6-2.5+7.1

+4.2-2.6+6.8-2.8+7.0

+0.4-4.7+5.1-5.6+6.0

-3.8-4.8+1.0-5.5+1.7

+2.0-3.6+5.6-4.1+6.1

15d

-1.6-3.4+1.8-5.6+4.0

+0.1-1.5+1.6-5.3+5.4

+4.0-5.1+9.1-12.3+16.3

-6.6-5.4-1.2-13.0+6.4

UpDownMarket · Nifty Smallcap 250Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GRSE signed a contract with Carsten Rehder of Germany to design, build and deliver four additional 7,500 DWT hybrid multi-purpose vessels worth USD 62.44 million. Execution is planned over 33 to 42 months. The vessels will use battery-assisted propulsion and can carry bulk, general, project and container cargo. Two more hybrid vessels may be ordered later.

Likely market impact

Positive for order visibility and export credentials, with revenue phased over 33 to 42 months and execution, cost and currency risks.