GRSE shares jump 4% on emerging as L1 bidder for Rs 25,000 cr Indian Navy project
Shares of Garden Reach Shipbuilders & Engineers (GRSE) surged 4% on Wednesday to an intraday high of Rs 2,599 on the BSE after the company announced that it had emerged as the Lowest Bidder (L1) for the Next Generation Corvettes (NGC) project of the Indian Navy, valued at over Rs 25,000 crore. In a regulatory…
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