GRSE shares jump 5% after PSU conferred ‘Navratna’ status. What this means for the warship-maker?

GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater financial autonomy for expansion. Strong revenue and profit growth over recent years, along with capacity expansion plans, position the warship-maker for sustained long-term growth.

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