Marine Electricals bags orders worth Rs 376.22 cr from SIEMENS, Titagarh, Princeton Digital

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MARINE · price

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Price reaction · full curve 14 horizons · vs prior close

+9.1%1-day move

₹248.20

prior close

₹247.10

base price

In-mkt

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AI summary

Marine Electricals (India) has received orders worth Rs 376.22 crores (excl. taxes). Orders include: power distribution system for a Hyperscaler Project from SIEMENS Limited (21-month delivery), electrical equipment from Titagarh Naval Systems (8-10 month delivery), and power distribution system from Princeton Digital Group (8-10 month delivery). No promoter interest and not related party transactions.

Likely market impact

Strong order win from reputed clients including SIEMENS and a naval systems player. Rs 376 cr order book addition lifts near-term revenue visibility.