Orders5 Oct 2026 · Mon
MARINEMarine Electricals (India)
Marine Electricals says it received orders worth ₹393.52 crore; shares close 7.20% higher
Marine Electricals reported orders worth about ₹393.52 crore excluding taxes, from a data-centre operator, a shipbuilder and a port project contractor.
Price, Monday's close₹468.00▲ 7.20%
Last 5 days
52-week low ₹150.8652-week high ₹474.90
- Sector
- Electrical equipment
What happened
- Marine Electricals said it received orders worth ₹393.52 crore, excluding taxes, according to Angel One and Upstox.
- Angel One listed the clients as Web Werks (power distribution system), CtrlS Datacenters (MEP contract works), Garden Reach Shipbuilders & Engineers (electrical works on a 7,500 DWT multi-purpose vessel) and Navayuga Engineering (vessel traffic management system for the Ramayapatnam Port project).
- Delivery periods range from 4 to 7 months to 24 to 28 months, according to Angel One.
- The shares closed at ₹468.00, up 7.20%, after touching ₹474.90, their 52-week high.
Why it matters
Good to know: Order wins are the order value the company has been awarded. Revenue is recorded as the work is delivered, which here is spread over up to 28 months.
Key facts
- Total orders
- ₹393.52 crore (excluding taxes)
- Clients
- Web Werks, CtrlS, Garden Reach Shipbuilders, Navayuga
- Share close
- ₹468.00 (+7.20%)
Read the source
This is a summary of public news about Marine Electricals (India), for information only. It is not a recommendation to buy, sell or hold MARINE.