GRSE shares jump 9% after signing Rs 32,000 crore Indian Navy contract for five next-generation corvettes
GRSE shares surged nearly 9% after securing a Rs 32,000-crore Indian Navy contract to build five Next Generation Corvettes. The nine-year project will strengthen indigenous defence manufacturing, enhance maritime capabilities and reinforce GRSE's warship-building position, adding significantly to its order book and long-term business prospects.
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