The Economic Times

Goodluck India shares surge 17% as merger expands, defence arm to join firm along with green energy unit

Goodluck India shares surged 17% to a 52-week high of Rs 585 after its board approved the proposed merger of Goodluck Defence and Aerospace and Goodluck Green Energy. The restructuring aims to streamline operations, improve market liquidity and strengthen long-term shareholder value, with further details expected later.