GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater financial autonomy for expansion. Strong revenue and profit growth over recent years, along with capacity expansion plans, position the warship-maker for sustained long-term growth.
GRSE shares climbed nearly 5% following its 'Navratna' status conferral. This status grants the defence PSU enhanced financial autonomy, facilitating expansion. Coupled with strong recent revenue and profit growth, this positions the warship-maker for sustained long-term growth…
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