Marine Electricals secures Rs 29.68 crore Equinix order

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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

-3.5%Reaction day

₹223.21

prior close

₹216.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-3.2% vs market

Industrial Products peers, median of 116sector-0.0%-3.5% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 3.5 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

+0.7

10m

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15m

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30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.5-0.3-3.2-0.0-3.5

Next day

-5.5-0.5-4.9-0.6-4.9

-6.2-0.3-5.9-0.4-5.8

-6.0+0.4-6.3-0.1-5.9

-9.5-0.2-9.3-1.5-8.0

-8.2-1.3-6.9-1.9-6.3

-2.4+0.2-2.6-1.3-1.1

15d

+3.9+2.0+1.9-0.3+4.2

+4.1+0.4+3.6-3.5+7.5

-11.3-6.5-4.8-11.8+0.5

-4.0-3.1-0.9-10.8+6.7

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 116Pending

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

AI summary

Marine Electricals has received a Rs 29.68 crore, excluding taxes, order from Equinix India to supply, test and commission a power distribution system. Delivery will take seven months. The contract is not a related-party transaction, and the promoters have no interest in it.

Likely market impact

The order adds near-term revenue and execution volume, but the impact on profit and the share price depends on margins and costs.