Garden Reach Shipbuilders & Engineers Limited (GRSE) in India has been making strategic moves to advance maritime technologies through partnerships and projects. The company's stock has soared over 180% in the last six months, attracting investor attention. GRSE recently signed two non-binding MoUs, one with Merlinhawk Aerospace Private Limited and the other with Kerala State Electronics Development Corporation Limited, to collaborate on developing composite technologies, hydrogen fuel cells, and underwater surveillance solutions for naval applications. These partnerships underline GRSE's commitment to exploring cutting-edge technologies for the maritime sector. Furthermore, GRSE secured a significant contract with the National Centre for Polar and Ocean Research (NCPOR) to build a state-of-the-art Ocean Research Vessel (ORV) valued at approximately Rs 840 crore. This project, to be completed in 42 months, highlights GRSE's expertise in shipbuilding and contributes to India's self-reliance in maritime technology. The company's strong order book of Rs. 22,652 crores as of March 31, 2024, positions GRSE for future growth and success. The stock's impressive performance and the increase in Foreign Institutional Investors (FIIs) stake further indicate confidence in GRSE's potential. Overall, GRSE's focus on innovation, strategic partnerships, and project wins align with its goal of advancing maritime technologies and strengthening India's position in the shipbuilding industry.