Marine Electricals bags orders worth Rs 27.49 crores

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MARINE · price

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

+0.1%Reaction day

₹191.65

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+1.2% vs market

Industrial Products peers, median of 116sector-0.5%+0.5% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 0.5 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.

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Reaction day

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Next day

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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 received orders totaling Rs 27.49 crores (excluding taxes). Order 1 is from CG Semi Private Limited for supply of power distribution system. Order 2 is from Oberoi Realty Limited for supply of power distribution system. Delivery for both orders is scheduled over a period of 3-4 months. The company clarified that no promoter has any interest in the contracts and they are not related party transactions.

Likely market impact

Positive order wins from CG Semi and Oberoi Realty strengthen near-term revenue visibility, with execution expected within 3-4 months.