India's Marine Electricals climbs on order win

Cummins India

03/04/2024 07:11

** Shares of electrical equipments maker Marine Electricals
 MARN.NS  rise 5% to 100.9 rupees
    ** Stock hits upper limit of exchange-mandated trading band
    ** Co wins order worth 143.3 mln rupees ($1.7 mln) from
Cummins India  CUMM.NS  to supply sandwich bus duct
    ** Stock eyes fourth consecutive session of gains
    ** MARN trading above its 200-day simple moving avg since
late-March 2023
    ** Shares of Cummins India down 1.1%

($1 = 83.4160 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))