Defence supplier stock jumps 15% after Navy warship commissioning
GEE Limited's stock rose 15.2% to ₹109.01 after supplying welding consumables for three Indian Navy warships commissioned on 21 June 2026. The stock's performance stands out amid a flat market, with the Nifty 50 down 0.01%.
after close1 source ↓written by the desknot a recommendation
- to ₹109.01
- 15.2%
- in Kolkata
- 21 June 2026
- 50 traded
- 23,820.85
- 0.01%
GEE Limited's share price surged 15.2% to ₹109.01 after the company announced its role as the exclusive supplier of welding consumables for three Indian Navy warships. This rare tri-commissioning of INS Dunagiri, INS Agray, and INS Sanshodhak took place on 21 June 2026 in Kolkata.
The stock's strong performance contrasts with the flat market, as the Nifty 50 traded at 23,820.85, down 0.01%. This development may enhance investor sentiment towards defence sector stocks.
Not investment advice. For informational purposes only.