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Defence stock Garden Reach Shipbuilders jumps 5% after being conferred with Navratna status

As reported by mint - markets
Garden Reach Shipbuilders Engineers shares rose nearly 5% following the DPE granting Navratna status due to its strong financial performance. Revenue jumped from ₹1,754 crore to ₹7,002 crore in five years, aiding broader initiatives like Atmanirbhar Bharat.
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Garden Reach Shipbuilders & Engineers (GRSE) shares surged nearly 5% after the Department of Public Enterprises (DPE) granted it coveted Navratna status. This upgrade acknowledges GRSE's robust financial performance, evidenced by its revenue quadrupling from ₹1,754 crore to…

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