Why the GR Engineering (ASX:GNG) share price will be on watch today

GR Engineering Services Ltd (ASX: GNG) shares will be on watch today after the company provided investors with a business update on its guidance for the full 2021 financial year. At market close yesterday, the GR Engineering share price finished the day at $1.18.

It will be interesting to watch how the company’s shares perform today as investors digest this morning’s update.

What did GR Engineering announce?

The GR Engineering share price will be in focus this morning after the company released a positive update.

According to this morning’s release, GR Engineering advised that favourable trading conditions have continued throughout FY21.

As a result, the company upgraded its revenue guidance for the period ending 30 June…