Stock market today, March 20 -- Shares of defence PSU Garden Reach Shipbuilders & Engineers (GRSE) rallied over 6% in morning trade on Thursday, March 20, extending gains to the fifth straight session, after signing a Memorandum of Understanding (MoU) with PWD Nagaland for Modular Steel Bridges.

The multibagger stock opened at Rs.1734.95, higher than the previous close of Rs.1641.15 and extended gains to the day's high of Rs.1746.10.

Earlier today, the stock informed exchanges that it had signed an MoU with PWD Nagaland to supply eight sets of Double Lane Modular Steel Bridges. This marks the first MoU between GRSE and North Eastern State, the company said in an exchange filing.

"The MoU was signed by DIG Subrato Ghosh, ICG (Retd.), Di...