Marine Electricals gains 8% after bagging orders worth ₹284.39 Cr for multiple data center projectsMarine Electricals gains 8% after bagging orders worth ₹284.39 Cr for multiple data center projects

Introduction

Leading electrical solutions provider secured orders worth Rs. 284.39 crore for power distribution systems from three companies, with delivery timelines ranging between 1 and 8 months.

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Share price movement of Marine Electricals

On January 27, 2026, Marine Electricals (India) Limited opened at ₹172.90, up 1.39% from its previous close of ₹170.49. The stock reached a high of ₹185.00 (8.56%) and a low of ₹170.34. By 2:57 PM, it traded at ₹181.10, a 6.22% increase, with a market cap of ₹2,503.54 crore.

Marine Electricals Bags Rs. 284 Cr Orders

Marine Electricals (India) Limited has secured new orders worth Rs. 284.39 crore, excluding taxes. The orders are for supplying power distribution systems to multiple data center projects.

The company received an order from Digital Edge DC for the BOM-2 Data Center project, with delivery scheduled over 6-8 months. Crescon Projects ordered for LBOM-12 Data Center, delivery in 1-2 months.

SHM Shipcare also placed an order for power distribution systems, with delivery over 4-5 months. No promoters or promoter group have any interest in these orders, confirming no related party transactions.

Stock performance of Marine Electricals for Period of 1 week, 6 months, and 1 year

Marine Electricals (India) Limited declined 3.21% over the past week, fell 6.57% in the past 6 months, and dropped 15.3% over the past 1 year.

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Shareholding pattern of Marine Electricals

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	68.50%	68.50%	68.50%
FII	0.70%	0.70%	0.20%
DII	0%	0%	0%
Public	30.70%	30.60%	31.20%

About Marine Electricals

Marine Electricals (India) Limited (NSE: MARINE) provides integrated technical services in electrical automation and information and communication technology, delivering solutions across multiple industrial and commercial sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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