GRSE jumps 4% after approving ₹2,896 crore shipyard plan

GRSE shares surged 3.7% to ₹2,459.20 after its board approved a ₹2,896 crore capital outlay for a greenfield shipyard at Raichak, West Bengal. The facility will expand the company's shipbuilding capacity across naval and commercial segments as part of its broader capacity expansion plan.