Garden Reach Shipbuilders received order from Bangladesh govt

Garden Reach Shipbuilders & Engineers Ltd shares rose 4.4% on Friday after securing a $16.58 million contract from the Bangladesh government for a Trailing Suction Hopper Dredger. The award was received on May 9, 2024, and accepted on May 16, 2024. GRSE is a top Indian shipbuilder under the Ministry of Defence.