GRSE Shares Soar to Record High on MoU for India’s First Polar Research Vessel

ders (GRSE) shares hit an all-time high after signing an MoU with Norway’s Kongsberg to build India’s first indigenous polar research vessel. The ship, to be constructed at GRSE’s Kolkata yard for the National Centre for Polar and Ocean Research, supports the ‘Make in India’ initiative. In Q4 FY25, GRSE’s net profit surged to Rs 244 crore from Rs 111.6 crore, with revenue up 62% to Rs 1,642 cror