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

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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

+2.3%Reaction day

₹184.00

prior close

₹185.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+2.4%-0.1% vs market

Industrial Products peers, median of 119sector+1.4%+0.9% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.9 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

+0.3

10m

+0.8

15m

+0.6

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.3+2.4-0.1+1.4+0.9

Next day

+0.0+2.3-2.3+0.8-0.8

-1.2+2.0-3.2+1.0-2.2

-4.7-1.0-3.7-0.9-3.8

-5.1-1.6-3.5-2.9-2.3

-3.7-0.6-3.0-1.7-2.0

-6.0-0.8-5.2-2.9-3.1

15d

-6.3-0.1-6.1-3.5-2.8

+4.3+7.7-3.3+7.5-3.1

+27.7+18.8+8.9+15.1+12.6

+29.2+18.1+11.1+12.6+16.6

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 119Pending

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

AI summary

Marine Electricals has bagged orders worth Rs. 27.21 crores (excluding taxes) from Princeton Digital Group (India) Management Private Limited. The scope covers supply, installation, testing, and commissioning of a power distribution system. Delivery is scheduled over 6 months. The company clarified this is not a related party transaction and no promoter has any interest in the contract.

Likely market impact

This is a regular business order from a private data centre operator and is positive for the order book. However, the 6-month delivery timeline means revenue recognition will be spread out, and the size of the order needs to be seen in context of the company's overall revenue before judging material impact on the stock.