Stock Radar: This multibagger stock from shipbuilding space has fallen over 40% from highs; what does the chart say?
Garden Reach Shipbuilding stock displays recovery potential. The stock declined 40% but now indicates a turnaround. Experts suggest a possible bounce back to Rs 2,200. This could happen within the next one to three months. The stock previously hit a high of Rs 2,834. It found support above Rs 1,300. A bullish Ichimoku crossover adds to the positive outlook.