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Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMD
Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has achieved 'Navratna' status, a significant recognition of its consistent financial and operational performance. This elevation grants GRSE greater autonomy for investments and strategic growth. The Kolkata-based warship-maker has seen substantial revenue and profit increases, underscoring its robust expansion and its pivotal role in bolstering India's maritime capabilities and defence manufacturing.
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economictimes.indiatimes.com
Warship-maker GRSE conferred 'Navratna' status; defining moment for company, says CMD
Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has achieved 'Navratna' status, a significant recognition of its consistent financial and operational performance.…
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newsbytesapp.com
Garden Reach Shipbuilders is now a 'Navratna' company
Garden Reach Shipbuilders & Engineers (GRSE) has been awarded Navratna status by the Department of Public Enterprises, marking a significant achievement for the defence PSU.
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GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?
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…