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Indian shipbuilder GRSE's stock soars after securing its first deal with a North Eastern state.
Shares of Garden Reach Shipbuilders & Engineers (GRSE) jumped over 6% after signing a deal with Nagaland’s Public Works Department for supplying eight double-lane modular steel bridges.
This marks GRSE’s first agreement with a North Eastern state, supporting the Indian government’s 'Make in India' initiative.
GRSE has seen a significant stock performance, rising 303% in two years.
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Las acciones de la constructora naval india GRSE se disparan después de asegurar su primer acuerdo con un estado del noreste.