India's Marine Electricals climbs on supply order wins

Marine Electricals (India)

21/07/2023 08:36

** Shares of Marine Electricals (India)  MARN.NS  up as much
as 3.37% at 64.40 rupees 
    ** Co says received supply orders from Larsen & Toubro
 LART.NS  and Sundaram Clayton 
    ** Orders amounting to 299.5 million rupees ($3.7 million) 
    ** Shares trading above 50-day, 100-day and 200-day simple
moving averages
    ** More than 805,719 shares changed hands by 12:52 p.m. IST,
 1.1x 30-day avg 
    ** Including session's gains, MARN surged 98% this year 


($1 = 81.9742 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))