22 Sep 2025 | 5 Mins Read
Garden Reach awarded $62 million contract, seals MoUs
Flipitmoney
GRSE signed a $62 million agreement with a German company for four Hybrid MPVs, with an option for two more, to be built within 33-42 months. Separate MoUs were signed with Indian companies to explore projects in shipbuilding, green vessels, and port infrastructure development. GRSE stock closed Friday at ₹2,603.50, up 0.87%, and has risen nearly 60% in 2025.