Marine Electricals receives orders worth Rs 26.10 crore
MARINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 11.2 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.
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Marine Electricals received three orders totaling about Rs 26.10 crore, excluding taxes. San Maritime India ordered an electric propulsion package for a battery electric tug over 12 months. Blue Star ordered a power distribution system for the Mondelez project over 3 to 4 months, while Princeton Digital Group placed an order over 8 to 12 months.
Positive for order visibility and future revenue, but the filing does not provide expected margins or the financial impact of these orders.