Garden Reach Shipbuilders & Engineers Ltd receives LoIs for Acoustic Research Ship

Garden Reach Shipbuilders & Engineers Limited has received letters of Intent of Award for Contract for Design, development, construction, Integration of Equipment, Testing, certification, commissioning & supply of One Acoustic Research Ship (ARS) from Naval Physical & Oceanographic Laboratory, GoI, Ministry of Defence DRDO, Kochi.

The order value is approx. Rs. 491 crore.

Shares of Garden Reach Shipbuilders & Engineers Limited was last trading in BSE at Rs. 1765.15 as compared to the previous close of Rs. 1743.80. The total number of shares traded during the day was 96647 in over 6239 trades.

The stock hit an intraday high of Rs. 1828.40 and intraday low of 1684.75. The net turnover during the day was Rs. 172119432.00.

Source : Equity Bulls

Keywords

GardenReachShipbuildersandEngineers INE382Z01011 GRSE OrderWin AcousticResearchShip