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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