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GRSE — Garden Reach Shipbuilders & Engineers News Story

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India's Garden Reach Shipbuilders & Engineers jumps after MoU for polar research vessel

** Shares of Garden Reach Shipbuilders & Engineers GRSE.NS rise 7.4% to 3,385 rupees

** Shipbuilding co signs memorandum of understanding with Norway's Kongsberg Oslo to build polar research vessel indigenously

** National Centre for Polar and Ocean Research to use the vessel for research activities in polar and southern ocean realms

** GRSE more than doubled YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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