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The Economic Times — Marketseconomictimes.indiatimes.com

GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker? (opens original article in a new tab)

TL;DR

GRSE shares jumped 5% following the conferment of Navratna status, which enables larger investments and expansion, as the company's revenue and profits have significantly increased over the years.

  • GRSE shares rose 5% after being granted Navratna status by the Department of Public Enterprises
  • Navratna status allows GRSE to make larger investments and expand operations
  • GRSE's revenue from operations increased from Rs 1,754 crore in 2021-22 to Rs 7,002 crore in 2025-26

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