Marine Electricals bags orders worth Rs 19.09 crores

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MARINE · price

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

+2.2%Reaction day

₹187.10

prior close

₹186.37

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+1.3% vs market

Industrial Products peers, median of 116sector+0.8%+1.4% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.4 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

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Sessions after the filingfrom the prior close

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Reaction day

+2.2+1.0+1.3+0.8+1.4

Next day

+4.4+1.3+3.1+0.8+3.6

+0.5-0.2+0.7-0.7+1.2

+2.0-0.3+2.3-0.7+2.7

+1.8-0.2+2.0-0.8+2.6

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+2.4-1.0+3.4-1.5+3.9

15d

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+11.6+3.5+8.1+5.0+6.7

+19.2+4.6+14.6+0.1+19.1

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 116Pending

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

AI summary

Marine Electricals (India) Limited has received orders worth Rs 19.09 crores (excluding taxes) from Crescon Projects and Services Private Limited for the supply of power distribution units. Delivery is scheduled over 12 months. The company clarified that the order is not a related party transaction. Crescon Projects is a private sector client. The order adds to the order book and supports revenue visibility over the next year.

Likely market impact

New order worth Rs 19.09 crores adds to order book and supports 12 month revenue visibility. Modest but positive.