Garden Reach Shipbuilders & Engineers Ltd has signed MoU with DEMPO Group, Goa, to launch a collaboration model to build commercial vessels in their shipyards at Goa and Bhavnagar, Gujarat.
The financial implication for this Mou has not yet been ascertained.
Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 784.90 as compared to the previous close of Rs. 798.60. The total number of shares traded during the day was 66413 in over 3131 trades.
The stock hit an intraday high of Rs. 806.65 and intraday low of 780.00. The net turnover during the day was Rs. 52397179.00.