GRSE SHARE PRICE RISES 6% on a Order Update Despite Stock Market Crash

Stock Market Today: GRSE SHARE PRICE GAINED More Than 6% during the INTRADAY TRADES on Thursday Despite Stock Market Crash. The Gains for the Grase Share Price Ware LED by An Order Update Announced by the Garden Reach Reach Shipbuilders or GRSE

Grase order update

Garden Reach Shipbuilders or GRSE INTMATED THEATION Stock Exchange of India and the BSE or the Bombay Stock Exchange on Thursday 22 May 2025 About GRSE BComing L1 to NGC (Next Generation Corvements).

GRSE or Garden Reach Shipbuilder in Its Release Said That It Attended The Commercial Negotiation Committee (CNC) Meeting Convented by the Ministry of Defense for Opening of Commercial Bids for the Acquisition of Eight (08) Next Generation Corvettes (NGC) on 21 May 2025 in New Delhi.

In this region and during the meeting, the commercial bids were open and it was noted that GRSE or Garden Reach Shipbuilder Became the lowest bidder (l1) for construction of next generation cortets (ngc) for Indian Navi. The l1 bidder will be awarded five (05) NGC Ships at a Likely Value of More Than 25,000 Crores.

While the Order Win Boosted The Investor Sentals IT also Negated the impact of an order cancellation in Bangladesh.

GRSE Other Updates

Grase also has got intimaed the exchanged on 21 May 2025 Regarding Cancellation of Contract for Construction of an advanced Ocean. GSE on 01 July 2024, Had Been Awarded a Contract for Construction of an advanced ocean-ging tug ‘for valued at Approx. 21 million us dollar. However, GRSE or Garden Reach Shipbuilders Intimated that the Government of the People’s Republic of Bangladesh has canceled the Order.

Grase share price movement

Grase share price open 2461.25 levels on the bse on Thursday. At the time of opening grase or garden reach shipbuilders share price was lower than previous days closing price of 2500.10. The GRSE Sher Price However Gained during the Morning Trades to the Intraday Highs of 2660, which mean gains of 6.4% for the grase share price. This was on a day when senses declined more than 1% during the intraday trades

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