By Debdeep Gupta | 22 May, 2025
GRSE shares up over 3 percent after emerging as L1 bidder for Rs 25,000 crore contract for Naval warships
Shares of shipbuilder Garden Reach (GRSE) were sharply higher by over three percent in early trade on May 22 after the company said in an exchange filing that it has emerged as the lowest bidder for over Rs 25,000 crore worth of contract to build eight next generation Corvettes for the Indian Navy.GRSE had attended the Commercial Negotiation Committee (CNC) meeting convened by the Defence Ministry...