Marine Electricals bags orders worth Rs 76.38 crores

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MARINE · price

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

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₹246.10

prior close

₹247.45

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+6.3% vs market

Industrial Products peers, median of 132sector+0.6%+6.3% vs sector

On the reaction day the stock moved 6.3 pts more than Nifty Microcap 250 and 6.3 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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Reaction day

+6.9+0.6+6.3+0.6+6.3

Next day

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 132Pending

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AI summary

Marine Electricals has received orders totaling approximately Rs 76.38 crores (excluding taxes). The orders include: (1) Supply, Installation, Testing and Commissioning of a power distribution system from STT Global Data Centres India, and (2) supply of a power distribution system from Deepak Chem Tech Limited. Both orders are scheduled for delivery over 12-18 months. The company clarified these are not related party transactions.

Likely market impact

New orders worth Rs 76.38 crores strengthen the order book; 12-18 month delivery window provides near-term revenue visibility from private sector clients.