India's Marine Electricals rises on 174 mln-rupee order win

Marine Electricals (India)

19/08/2025 06:00

** Marine Electricals MARN.NS rises 1.91% to 174.45 rupees

** Electrical equipment maker gets order worth 173.6 mln rupees (~$2 mln) to supply control panels to Allweiler India, a private firm manufacturing screw pumps

** Delivery to be made over 36 months

** YTD, MARN falls 33.6%

($1 = 87.2938 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))