Marine Electricals (India) share price gained nearly 3 percent in the early trade on August 19 following the order win from Allweiler India worth Rs 17.36 crore.
At 09:21am, Marine Electricals India was quoting at Rs 176.00, up Rs 4.82, or 2.82 percent, on the BSE.
".... received order amounting to Rs 17.36 crore (excluding taxes) from Allweiler India for supply of control panels with delivery over a period of 36 months," company said in its release.
On August 11 the company has received orders amounting to total of Rs 19.35 crores (excluding taxes) from STT Global Data Centres India to supply installation testing and commissioning of power distribution system for their Pune DC05 and Noida DC02 project. The delivery of these goods is scheduled to be completed over a period of 6-8 months.
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On July 28, the company received order amounting to Rs 28.44 crore (excluding taxes) from Core Greentech LLP for supply, installation, testing and commissioning of power distribution system, the delivery shall be over a period of 5 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 47.15 percent below its 52-week high and 26.71 percent above its 52-week low.
The market capitalisation of the company stands at Rs 2,427.82 crore.
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