India's Marine Electricals rises after order win

Marine Electricals (India)

11/10/2023 08:16

** Shares of Marine Electricals (India)  MARN.NS  up as much
as 4.9% at 61.7 rupees, their highest since Sept. 26
    ** Mumbai-based co says got supply and installation order
worth 85 mln rupees from Salcomp Technologies for electrical
panels which would be delivered in 2 months 
    ** More than 211,000 shares trade by 12:41 p.m. IST, about
the same volume as their 30-day moving avg
    ** Including day's gains, stock up 91.3% YTD

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))