Multibagger defense PSU announces its largest dividend ever, yet the stock is down 47% from its peak. Should you buy or sell?

Garden Reach Shipbuilders & Engineers: Today, the multi-bagger defense PSU announced its highest-ever dividend of ₹8.50 along with its October-December quarter results for FY25. On Monday, February 3, Garden Reach Shipbuilders released its October-December quarter results for fiscal 2024-25 (Q3FY25). The company recorded an increase in consolidated net profit of 11.2% to ₹98.2 crore, up from ₹88.3 crore during the same period the previous year. Additionally, the top defense PSU announced its highest dividend for FY25, which is ₹8.95 per share.