Defence stock Garden Reach Shipbuilders jumps 5% after being conferred with Navratna status

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Garden Reach Shipbuilders & Engineers shares rose nearly 5% following the DPE granting Navratna status due to its strong financial performance. Revenue jumped from ₹1,754 crore to ₹7,002 crore in five years, aiding broader initiatives like Atmanirbhar Bharat.