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Swan Defence shares hit 5 percent upper circuit after signing Rs 1,830 crore shipbuilding deal with Rederiet Stenersen

Swan Defence and Heavy Industries shares locked at a 5 percent upper circuit after the company signed a Letter of Intent with Norway-based Rederiet Stenersen AS to build six chemical tankers worth about Rs 1,830 crore. The order marks the firm’s first major international contract since resuming operations under the Swan Group.

By Finblage Editorial Desk

2:00 pm

11 November 2025

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