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HAL, BEL, BDL, Zen Technologies to GRSE: Is defence the new IT for the Indian stock market? - Mint
HAL, BEL, BDL, Zen Technologies to GRSE: Is defence the new IT for the Indian stock market?Mint
Garden Reach Shipbuilders signs MoU with Bharat Forge arm for defence, maritime innovation
Garden Reach Shipbuilders & Engineers signed an MoU with Kalyani Strategic Systems Limited on March 5, 2026, to develop indigenous naval systems and enhance maritime defence technologies. GRSE shares rose ₹94.25 or 4.07% to ₹2,407.55 on BSE today, March 5.
Garden Reach Shipbuilders set for Navratna status as DPE clears proposal, final nod awaited
The Department of Public Enterprises has approved a proposal to grant Navratna status to state-run shipbuilder Garden Reach Shipbuilders & Engineers Ltd (GRSE). This move will provide GRSE with greater financial and operational autonomy, allowing for larger investments and quicker expansion.
HAL, Mazagon Dock, GRSE in focus as defence orders, aircraft demand pick up: PL Capital
Amit Anwani, Research Analyst, PL Capital said defence manufacturing, shipbuilding and aircraft production could see sustained order visibility, supported by replacement demand and domestic manufacturing focus.
GRSE shares rise nearly 5% to hit over 1-month high as govt approves Navratna status
GRSE's revenue from operations increased from Rs 1,754 crore in the 2021-22 fiscal to Rs 7,002 crore in 2025-26, registering a growth of nearly 300%.
BEL, GRSE, other defence shares rise up to 7% amid escalating West Asia conflict
Nifty Defence Index rose over 3 percent during the session, after advancing 2.5 percent in the previous trading session.