Marine Electricals bags orders worth Rs 398.81 crores

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MARINE · price

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▲ 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

-0.4%Reaction day

₹406.70

prior close

₹386.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.7% vs market

Industrial Products peers, median of 137sector-0.4%-0.0% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and in line with 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

+2.1

10m

+1.4

15m

+1.7

30m

+3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+0.3-0.7-0.4-0.0

Next day

+6.0-0.7+6.6-1.1+7.1

+6.4-1.2+7.7-1.5+7.9

+5.7-0.7+6.3-0.6+6.3

+5.9+0.0+5.8-0.1+5.9

+2.8+0.4+2.3+0.4+2.4

+3.4+0.8+2.6+1.5+1.9

15d

+1.0-0.0+1.0+1.6-0.6

+6.2-0.8+7.0+1.0+5.2

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 137Pending

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

AI summary

Marine Electricals (India) Limited has secured orders totalling about Rs 398.81 crore (excluding taxes) for supply of Power Distribution Systems. The first order is from Princeton Digital Group India with an 18 month delivery schedule. The second order is from Classic Electric with a 6 to 8 month delivery timeline. The company confirmed that no promoter or related party has any interest in these contracts.

Likely market impact

Strong order inflow of Rs 398.81 crore strengthens order book and provides revenue visibility over the next 18 months.