Marine Electricals (India) gains on $41 million order wins
05/10/2026 08:05
BUZZ-Marine Electricals (India) gains on $41 million order wins ** Shares of Marine Electricals (India) MARN.NS rise 7.2% to 468.20 rupees
** Electrical components and equipments co receives orders worth 3.94 billion rupees ($40.92 million)
** Co secures orders from Web Werks (India), CtrlS Datacenters, Garden Reach Shipbuilders & Engineers and Navayuga Engineering
** MARN receives order for power distribution systems, data center infrastructure, ship electrical work and vessel traffic management system (VTMS) for port project** Stock more than doubled YTD, up 116.79%
($1 = 96.2850 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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