India's Garden Reach Shipbuilders rises on MoU with DEMPO Group

Garden Reach Shipbuilders & Engineers

25/08/2023 05:13

** Shares of Garden Reach Shipbuilders & Engineers  GRSE.NS 
up as much as 4.16% at 818 rupees
    ** State-owned defence firm signs MoU with DEMPO Group to
build commercial vessels in its Goa and Gujarat shipyards
    ** About 533,278 shares change hands as of 9:33 a.m. IST,
0.3x the 30-day average 
    ** Stock up 62% YTD as of last close 

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))