Announced Tue, 16 Jun · 14:21 IST
Marsons wins INR 7.75 cr export order from US solar developer
MARSONS · price
▲ 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
+5.4%1-day move
₹110.50
prior close
₹113.76
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5+0.9+0.7+1.5+5.4+6.7+5.9+10.0+6.8+1.1-4.9+1.2——
Up moveDown movePending
AI summary
Marsons Limited received a Letter of Award worth INR 7.75 crores (~USD 8,20,000) from a US-based Solar Energy Developer for supplying a 25 MVA Power Transformer to Hemet, California, USA. The order is to be executed within 14 months. It is an international export order with no related party interest, strengthening the company's presence in the renewable energy equipment export market.
Likely market impact
Small-ticket USD export order adds to order book and validates US market entry in solar transformer space.