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An update from Centum Electronics Limited ( (IN:CENTUM) ) is now available.
Centum Electronics has secured a Rs 29.40 crore domestic order from Garden Reach Shipbuilders & Engineers Limited to supply Advanced Naval Navigation Systems, to be executed by February 2028. The contract, emerging from an earlier memorandum of understanding between the two companies, marks a major milestone by adding a new, sophisticated navigation system for frontline warships to Centum’s portfolio and significantly strengthens its foothold in the defence maritime domain, reinforcing its role as a provider of cutting-edge technologies to India’s naval forces.
More about Centum Electronics Limited
Centum Electronics Limited is a Bengaluru-based electronics company operating in the high-technology domain, supplying advanced, mission-critical electronic systems and solutions, with a growing focus on defence applications, including systems for India’s armed forces and the defence maritime sector.
Average Trading Volume: 5,097
Technical Sentiment Signal: Buy
Current Market Cap: 33.91B INR
Learn more about CENTUM stock on TipRanks’ Stock Analysis page.