GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?

GRSE shares jumped 5 percent to Rs 2,934.70 on the NSE after the warship-maker was conferred Navratna status by the Department of Public Enterprises on June 19, 2026. Navratna status allows the PSU to make larger investments and expand operations, coming at a time when GRSE is ramping up capacity through brownfield and greenfield projects. GRSE reported revenue growth from Rs 1,754 crore in FY22 to Rs 7,002 crore in FY26, with PAT rising from Rs 190 crore to Rs 748 crore over the same period, and the stock has gained over 18 percent in 2026 so far.