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MARINE — Marine Electricals (India) News Story

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Marine Electricals (India) rises on multiple order wins

BUZZ-Marine Electricals (India) rises on multiple order wins

** Shares of Marine Electricals (India) MARN.NS rises as much as 5.1% to 434.90 rupees; stock last up 3.5%

** Electrical components and equipment co receives orders worth 2.51 billion rupees ($26.16 million)

** Co secures orders from Digital Edge DC, Socomec India and STT Global Data Centres India for supply of power distribution system

** MARN to supply orders within 10-12 months to Digital Edge and STT and will supply order in 4 months to Socomec India

** Stock up 99.73% YTD

($1 = 95.9475 Indian rupees)


(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: anushka.rajvedi@thomsonreuters.com))

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