We are pleased to inform that our company has received a LOA worth Rs. 9,91,20,000.00 (incl GST) from LC Infra Projects Private Limited for supply of 1 nos. 70 MVA & 1 nos. 80 MVA Power ....
MARSONS · price
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Awaiting price reaction for this filing.
Marsons Limited has received a Letter of Award valued at Rs. 9.91 Crores (including GST) from LC Infra Projects Private Limited for the supply of two EHV Power Transformers — one 70 MVA and one 80 MVA — of the 132 kV class. The order is a domestic contract and is to be executed within 6 months. The buyer is a private domestic entity, and there is no promoter group interest or related party involvement in the transaction. Marsons is a Kolkata-based manufacturer in the power transformer and electrical equipment space.
This is a positive development, adding a new order of roughly Rs. 9.91 Crores to the order book and providing near-term revenue visibility given the 6-month execution timeline. Since the order is from a private domestic client, the impact on stock price will depend on Marsons' total revenue base and how material this single order is relative to its annual turnover.