MARSONSNSEMarsons LimitedMediumPositive
Announced Fri, 8 May · 13:12 IST

We are pleased to announce that our company has received Purchase Order worth ₹18,88,00,000.00 (incl. GST) (Eighteen Crores Eighty Eight Lakhs only) from Ram Taranga Solutions Pvt. Ltd. for Supply of 100/125 MVA 220 kV Power Transformer and 16.8 MVA Inverter Duty Transformers.

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MARSONS · price

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Price reaction · full curve 14 horizons · vs prior close
-9.9%1-day move
₹169.20
prior close
₹164.00
base price
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AI summary

Marsons Limited has received a purchase order worth ₹18.88 crore (including GST) from Ram Taranga Solutions Pvt. Ltd. The order is for the supply of 100/125 MVA 220 kV Power Transformers and 16.8 MVA Inverter Duty Transformers. This is a domestic order with a delivery timeline of 6 months. The company has confirmed that the order does not involve any related party transaction and that no promoter or group companies have any interest in the entity awarding the order.

Likely market impact

This is a positive development for Marsons as it represents a new contract for its transformer products. The order size of ₹18.88 crore could have a meaningful impact on the company's near-term revenue, though the exact percentage would depend on Marsons' total annual revenue figures.