Garden Reach Shipbuilders & Engineers Ltd updates on MoUs entered at DSEI Exhibition, London

Garden Reach Shipbuilders & Engineers Ltd has participated in the Defence and Security Equipment International (DSEI) Exhibition in London (2023) and entered into the following two (2) numbers of non-binding MoUs which are confidential in nature.

a) M/s Lloyd's Register for development of a hydrogen fuel cell ferry.
b) M/s Caterpillar Inc for a potential col laboration in the production, sale and

service of medium speed engines particularly for Indian Navy and Indian Coast Guard.

Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 823.00 as compared to the previous close of Rs. 844.45. The total number of shares traded during the day was 62754 in over 2661 trades.

The stock hit an intraday high of Rs. 867.85 and intraday low of 818.45. The net turnover during the day was Rs. 52730575.00.

Source : Equity Bulls

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GardenReachShipbuildersandEngineers INE382Z01011 GRSE DSEI2023 London MoUs