Marine Electricals share price rose 7 percent intraday on November 13 following the multiple orders win worth Rs 174.60 crore
The comapny has bagged an order from Siemens for supply of power distribution system to be supplied for a Global Hyperscaler for their JUI1A DC project.
The delivery of the said order is scheduled to be completed over a period of 12 months.
Also, received order from Hindustan Shipyard for carrying out electrical works on board vessel 11200, while is scheduled to be completed over a period of 36 months.
The company also received order from Equinix India for supply, installation, testing and commissioning of power distribution systems for MB3.2 DC project.
The delivery of said order is scheduled to be completed over a period of four months.
The share touched a 52-week high of Rs 333.00 and a 52-week low of Rs 138.90 on 17 December, 2024 and 04 March, 2025, respectively.
Currently, the stock is trading 25.8 percent below its 52-week high and 77.9 percent above its 52-week low.
The market capitalisation of the company stands at Rs 3,408.61 crore.
With the receipt of these orders, the current order book position of the company as on date is around Rs 966 crore.
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