Garden Reach Shipbuilders & Engineers Ltd. ( (IN:GRSE) ) has issued an announcement.
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a Memorandum of Understanding (MoU) with the Public Works Department (PWD) of Nagaland for the supply of eight sets of Double Lane Modular Steel Bridges, marking its first collaboration with a North Eastern state. This agreement aligns with India’s Make in India initiative and is expected to enhance regional development. GRSE has a history of delivering modular bridges to organizations like the Border Roads Organisation and the National Highway Infrastructure Development Corporation Ltd, and has supplied over 5,800 modular bridges to date.
More about Garden Reach Shipbuilders & Engineers Ltd.
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) is a government-owned company under the Ministry of Defence in India. It specializes in the construction of ships and engineering products, including modular bridges. GRSE has a strong market presence in India and has supplied products to various state governments and countries such as Bhutan, Nepal, Myanmar, Sri Lanka, and Bangladesh.
YTD Price Performance: -16.69%
Average Trading Volume: 59,735
Current Market Cap: 156.7B INR
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