New Delhi, June 22 -- Garden Reach Shipbuilders & Engineers share price surged nearly 5% on Monday, 22 June, after the Department of Public Enterprises (DPE) granted the defence PSU Navratna status, recognising its strong financial performance and operational achievements over the years.

In a stock exchange filing, the company said the elevation reflects its sustained growth trajectory and consistent execution. Garden Reach Shipbuilders' revenue from operations has increased nearly fourfold over the last five years, rising from Rs.1,754 crore in FY22 to Rs.7,002 crore in FY26. During the same period, profit after tax (PAT) rose from Rs.190 crore to Rs.748 crore, representing nearly 294% growth.

The Kolkata-based shipbuilder also highlig...