India's Garden Reach Ship Builders up on deal with Naval Group France

Garden Reach Shipbuilders & Engineers

17/07/2023 06:41

** Shares of Garden Reach Ship Builders & Engineers
 GRSE.NS  rise as much as 5.97% to 618.85 rupees
    ** Co signs deal with Naval Group France to collaborate in
field of surface ships 
    ** Deal announced as part of Indo-French strategic
partnership, announced during Indian Prime Minister Narendra
Modi's visit to France
    ** Trading volume at 983,284 shares as of 11:01 a.m. IST,
half the 30-day avg - Refinitiv data
    ** GRSE up 27% in 2023 so far, compared with 8% rise for
Nifty 50 index

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com ; +91 9769003463))