The Integrated Electrical and Automation Solutions Provider Marine Electricals (India) Announced that it has received an order from the Indian navy for the supply of the supply of integrated bridges system. The order is worth 5.71 Crore.
“We are please to inform you that Marine Electricals (India) Limited has Received Order Amouning to Total of 5.71 Crores Excluding Taxes, from Indian Navy Material Organization for Supply of Integrated Bridge System. The delivery of the said Goods shall be made over a period of 6 months, “Marine Electricals (India) Said in a Filing on the National Stock Exchange (NSE).
Last week, the company had announced the reception of multiple orders amouncing to a total of 60.44 Crore.
Marine Electricals (India) Provides Integrated Electrical and Automation Solutions and Operates through the Marine and Industry SEGMENTS. The marine segment provides products and services of Navigational Equipments etc. The industry segment referrs to products and services of power distribution and solutions for Industries like Data Center, Industrial, and Large Buildings.
Marine Electricals Share Price Performance
Marine Electricals Share Price is listed only on the nse and not listed on bse. The Small-Cap Stock has gained 8% in one month, but have dropped 24% in the past six months. On a year-to-date (YTD) Basis, Marine Electricals Shares Have Declined 13%, whose it has delivered strong strong returns in the long term.
Marine Electricals Share Price Has Rallied 57% in One Year, and the Small-Cap Stock has delivered Multibagger returns of 1,200% over the past five years.
At 11:05 am, Marine Electricals Share Price Was Trading 0.06% Higher at 223.90 apiece on the nse.
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