Garden Reach Shipbuilders & Engineers (GRSE) announced a significant surge in its Q4FY25 net profit. The company’s profit after tax (PAT) rose 118% year-on-year to ₹224 crore. Revenue from operations also grew substantially. GRSE declared a dividend of ₹4.90 per share. The company’s Chairman expressed confidence in continued strong performance. GRSE’s stock has shown impressive gains over the past year.
Gold rises 2.3%, extends gains after Trump announces Iran ceasefire pause
Gold prices surged Wednesday as President Trump announced a two-week pause in attacks on Iran, easing inflation fears. Spot gold climbed significantly, with futures also