Marine Electricals bags Rs 229.73 crore order from Digital Edge DC

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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

+6.4%Reaction day

₹405.00

prior close

₹411.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+7.4% vs market

Industrial Products peers, median of 137sector-0.5%+6.9% vs sector

On the reaction day the stock moved 7.4 pts more than Nifty Microcap 250 and 6.9 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

+1.4

10m

+1.3

15m

+2.6

30m

+3.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.4-1.0+7.4-0.5+6.9

Next day

+6.9-1.5+8.4-1.0+7.9

+6.1-0.9+7.1+0.1+6.1

+6.3-0.3+6.6+0.6+5.7

+3.2+0.1+3.1+1.2+2.0

+2.6+0.7+2.0+2.3+0.4

+1.3+0.3+1.0+2.0-0.7

15d

+5.7+1.0+4.7+2.0+3.6

+7.2-2.4+9.5+0.8+6.4

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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 has secured orders worth Rs 229.73 crores (excluding taxes) from Digital Edge DC (India) Private Limited for the supply of power distribution systems. Delivery is scheduled to be completed over a period of 15 months. The company clarified that the order is not a related party transaction and none of the promoters have any interest in it.

Likely market impact

Positive - sizeable order win from a data centre player provides revenue visibility over 15 months and supports order book growth.