Marine Electricals bags orders worth Rs 174.60 Cr, order book at Rs 966 Cr

Government or defence orderBusiness Updates View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹237.00

prior close

₹246.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+3.7% vs market

Industrial Products peers, median of 117sector-0.6%+4.2% vs sector

On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 4.2 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.4

10m

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15m

+1.0

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6-0.1+3.7-0.6+4.2

Next day

+6.3-0.2+6.5-0.7+7.0

+4.6+0.4+4.2-1.0+5.6

+4.2-0.4+4.6-2.1+6.3

+6.2-0.6+6.8-1.9+8.1

+3.9-0.9+4.8-2.6+6.5

-3.4-3.0-0.4-4.5+1.1

15d

-10.5-3.9-6.7-6.0-4.6

-13.9-4.8-9.1-6.8-7.1

-17.4-7.8-9.6-12.7-4.7

-23.0-7.2-15.8-14.4-8.6

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 117Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Marine Electricals has secured orders worth Rs 174.60 Cr (excluding taxes) from SIEMENS for power distribution to a Global Hyperscaler's JUI1A DC project (12 months delivery), Hindustan Shipyard for electrical works on defence vessel 11200 (36 months), and Equinix India for the MB3.2 DC project (4 months). Current order book stands at around Rs 966 Cr.

Likely market impact

Strengthens revenue visibility with order book at about Rs 966 Cr. Adds defence and data centre exposure, diversifying the business mix.