Announced Sat, 20 Jun · 12:19 IST
GRSE granted Navratna status by Government of India
Business Updates View source PDF
GRSE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹2799.80
prior close
₹2861.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.8+0.9+0.8-0.2-0.7-2.9-3.9-2.5-0.6-6.6-7.6——
Up moveDown movePending
AI summary
GRSE has been granted Navratna status by the Department of Public Enterprises, Ministry of Finance, on June 19, 2026. Navratna status gives the defence PSU greater financial autonomy to make larger investments and expand operations without seeking fresh approvals. GRSE's revenue grew nearly 300% from 1,754 cr in FY22 to 7,002 cr in FY26, with PAT up nearly 294% to 748 cr.
Likely market impact
Positive - Navratna status gives GRSE more financial autonomy for larger investments, supporting its expansion and growth plans.