Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts

MARINE · price

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

Price reaction · full curve 14 horizons · vs prior close

+6.0%1-day move

₹161.25

prior close

₹166.54

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.7-0.6-0.8-1.2+6.0+1.1-5.6+6.0+7.0+11.1+29.3+39.3+48.1+70.5

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AI summary

Marine Electricals (India) Limited has secured orders worth Rs. 7.91 crores (excluding taxes) from STT Global Data Centres India Private Limited for the supply of power distribution systems. The delivery is scheduled to be completed over a period of 6 to 9 months. The company clarified that this is not a related party transaction and no promoter interests are involved. This disclosure was made under SEBI Listing Regulations as part of good corporate governance practice.

Likely market impact

This is a positive order win that adds to the company's order book and provides revenue visibility over the next 6-9 months. However, the size of the order is modest, so the immediate impact on stock price is likely to be limited unless it signals a larger pipeline from data centre clients.