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

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MARINE · price

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

-3.4%Reaction day

₹191.45

prior close

₹183.15

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%-2.1% vs market

Industrial Products peers, median of 105sector-1.9%-1.5% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.5 pts less 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

-0.1

10m

+1.6

15m

+1.6

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.4-1.2-2.1-1.9-1.5

Next day

-4.9+0.3-5.2-1.3-3.7

-6.5+0.6-7.0-1.2-5.3

-4.4-0.1-4.3-1.5-2.9

-7.5-1.7-5.8-2.3-5.2

-6.0-1.2-4.8-1.9-4.0

-9.1-2.6-6.5-3.9-5.2

15d

-8.3-1.0-7.3-4.2-4.2

-12.3-3.9-8.4-5.5-6.8

+12.3-4.2+16.5-8.3+20.6

+19.9-0.7+20.6-7.7+27.6

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 105Pending

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

AI summary

Marine Electricals (India) Limited has secured a new order valued at Rs. 28.44 Crore (excluding taxes) from Core Greentech LLP. The contract involves supply, installation, testing and commissioning of a power distribution system. Delivery is scheduled to be completed over a period of 5 months. The company clarified that the order is not a related party transaction and no promoter group has any interest in the work. The disclosure was made under SEBI Regulation 30 as part of good corporate governance practice.

Likely market impact

This is a positive commercial development that adds to the company's order book and provides revenue visibility over the next 5 months. While the order size is meaningful, the stock impact will depend on whether the company consistently wins similar orders and the value relative to its overall annual revenue base.