22 Sep 2025 | 3 Mins Read
Stock reaches 5% upper circuit on ₹4,250 Cr Gujarat deal
Flipitmoney
Swan Defence (SDHI) signed a ₹4,250 crore MoU with Gujarat Maritime Board for infrastructure development and capacity expansion. The agreement includes a 200-acre Maritime Cluster and Centre of Excellence for skill development. The deal resulted in a 5% upper circuit for the defence company's shares.