Marine Electricals bags orders worth Rs. 284.39 Cr for data center projects

Business Updates View source PDF Explain this filing

MARINE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+5.3%Reaction day

₹172.90

prior close

₹175.23

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+5.1% vs market

Industrial Products peers, median of 116sector-0.5%+5.7% vs sector

On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 5.7 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

+4.4

10m

+3.9

15m

+3.2

30m

+3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.3+0.1+5.1-0.5+5.7

Next day

+4.1+2.2+1.9+0.8+3.3

+2.2+1.8+0.4+0.1+2.1

+4.3+3.6+0.7+0.3+4.0

+8.4+2.3+6.1+0.2+8.3

+12.2+6.1+6.1+2.7+9.5

+9.6+6.4+3.2+2.1+7.6

15d

+10.6+7.0+3.6+2.9+7.8

+10.9+3.8+7.2+0.2+10.7

-5.7-5.2-0.5-11.8+6.0

+34.8+12.5+22.3+6.0+28.7

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 has received orders worth Rs. 284.39 Cr (excluding taxes) for power distribution systems. Orders are from Digital Edge DC for BOM-2 Data Center project, Crescon Projects for LBOM-12 Data Center project, and SHM Shipcare. Delivery timelines range from 1 to 8 months. None of the orders are related party transactions.

Likely market impact

Strong order inflow lifts order book sharply; positive for revenue visibility over coming quarters.