Marine Electricals (India) hits upper circuit on order win

Marine Electricals (India)

24/06/2024 05:20

** Shares of Marine Electricals (India)  MARN.NS  up 5% to
hit upper circuit at 153.66 rupees
    ** Electrical equipments maker on Saturday said it has won
order worth 111.6 mln rupees ($1.34 mln) from Princeton Digital
Group
    ** Share price above 50-day, 100-day and 200-day exponential
moving averages since June 5
    ** Stock up 70.4% so far this quarter vs fall of 11.2% in
March quarter
    ** Stock up 51.2% YTD




($1 = 83.5200 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))