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Garden Reach Shipbuilders & Engineers Ltd
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BSE Code: 542011 NSE Symbol: GRSE P/E : 43.7
ISIN Demat: INE382Z01011 Div & Yield %: 0.59 EPS : 53.81
Book Value: 200.42 Market Cap (Rs. Cr.): 26,936.33 Face Value : 10
GRSE signs MoU with Centum Electronics Back
(08 Oct 2025)
Garden Reach Shipbuilders & Engineers has entered into a Memorandum of Understanding (MoU) with Centum Electronics, a Bengaluru based Company on 08 October 2025. This MoU establishes a collaborative framework between GRSE & Centum Electronics which aimed at the joint research and development (R&D) of Advanced Naval Navigation Systems. This partnership shall focus on leveraging and enhancing manufacturing infrastructure for components and sub-assemblies of these systems including Onboard Installation, Integration, Setting to Work and Trials, and shall also provide services for the modernization and upgrade of existing Systems.