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Centum Electronics: Stock jumps after signing MoU with GRSE for navigation systems for the Indian Navy

Centum Electronics, a leading electronics system company, signed an MoU with GRSE to co-develop advanced indigenous naval navigation systems, supporting defence modernisation and India’s self-reliance initiatives.

Introduction

Leading electronics system company partnered with GRSE to co-develop advanced indigenous naval navigation systems, including design, component manufacturing, system integration, testing, and onboard trials, supporting defence modernisation and national self-reliance initiatives.

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Share price movement of Centum Electronics

On October 9, 2025, Centum Electronics Ltd opened at ₹2,684.95, up 3.60% from its previous close of ₹2,591.05. The stock reached a high of ₹2,684.95 (3.60%) and a low of ₹2,551.50. By 10:26 AM, it traded at ₹2,555.90, a 1.36% decrease, with a market cap of ₹3,761.72 crore.

Centum Electronics and GRSE Collaborate on Naval Navigation Systems

Centum Electronics Limited signed a Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Limited (GRSE) on October 8, 2025, at GRSE Bhavan, Kolkata, for defence collaboration.

The MoU focuses on joint R&D and co-development of advanced indigenous naval navigation systems. Centum brings electronics and system integration expertise, while GRSE contributes shipbuilding and platform integration capabilities.

The agreement covers design, component manufacturing, system integration, testing, onboard trials, and support for modernisation. The initiative supports Centum’s technology advancement and India’s ‘Aatmanirbhar Bharat’ goal in defence systems.

Ace investor holding in Centum Electronics

Shivani Tejas Trivedi holds a 1.81% stake in Centum Electronics Limited, owning 2,66,021 shares valued at ₹68.1 crore.

Stock performance of Centum Electronics for Period of 1 week, 6 months, and 1 year

Centum Electronics Ltd delivered a -3.24% return over the past week, it gained 60.4% in the past six months. The stock increased 44.9% over the past year.

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Shareholding pattern of Centum Electronics

ParticularsJun 2025Mar 2025Dec 2024
Promoter51.50%51.50%51.50%
FII1.90%0.80%0.80%
DII15.70%15.40%15.80%
Public30.90%32.30%31.80%

About Centum Electronics

Centum Electronics Limited (NSE: CENTUM), founded in 1994 and based in Bengaluru, designs, develops, and manufactures complex electronic systems for Defence, Aerospace, Space, Industrial, and Medical sectors, known globally for innovation and reliability.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Centum Electronics share price going up today?

A: Centum Electronics share price is rising after signing an MoU with GRSE to co-develop advanced indigenous naval navigation systems.

Q: What does Centum Electronics Ltd specialize in?

A: Centum Electronics Ltd specializes in designing, developing, and manufacturing complex electronic systems for Defence, Aerospace, Space, Industrial, and Medical sectors.

Q: How much stake does Shivani Tejas Trivedi hold in Centum Electronics stock?

A: Shivani Tejas Trivedi holds a 1.81% stake in Centum Electronics, owning 2,66,021 shares valued at ₹68.1 crore.

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