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The Economic Times
The Economic Times
Debaroti Adhikary

GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?

GRSE PSU

Shares of Garden Reach Shipbuilders & Engineers (GRSE) jumped nearly 5% on Monday after the defence PSU was conferred the coveted 'Navratna' status by the Department of Public Enterprises.

GRSE shares jumped to Rs 2,934.70 apiece on the NSE, the highest level seen by the stock in more than one month.

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