GRSE stock rises 5% after securing defence contract of Rs 491 crore
Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) rose 5% to Rs 1847 on BSE in Monday’s trade following the companyβs receipt of a Letter of Intent from the Naval Physical & Oceanographic Laboratory (NPOL), part of the Ministry of Defenceβs DRDO. The contract, worth Rs 491 crore, is for the design, development, and…
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