Marine Electricals: Stock jumps after bagging ₹27.21 Cr order from Princeton Digital GroupMarine Electricals: Stock jumps after bagging ₹27.21 Cr order from Princeton Digital Group

Introduction

Leading electrical solutions provider receives Rs. 27.21 crore order from Princeton Digital Group for power distribution system supply, installation, testing and commissioning with execution timeline of six months.

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Share price movement of Marine Electricals

On March 10, 2026, Marine Electricals (India) Limited opened at ₹189.80, up 2.79% from its previous close of ₹184.65. The stock reached a high of ₹192.00 (3.98%) and a low of ₹185.62. By 11:06 AM, it traded at ₹186.60, a 1.06% increase, with a market cap of ₹2,601.46 crore.

Marine Electricals Secures ₹27.21 Cr Order

Marine Electricals (India) Limited received orders worth Rs. 27.21 crore from Princeton Digital Group (India) Management Private Limited for supply, installation, testing and commissioning of power distribution systems.

The company stated order execution will complete within six months. Marine Electricals (India) Limited confirmed promoters have no interest in the contract and it does not qualify as a related party transaction.

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

Marine Electricals (India) Limited declined 1.34% over the past week and slipped 3.69% in the past six months. The stock gained 12.2% over the past one 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	0.10%	0.10%	0.10%
Public	30.70%	30.60%	31.20%

About Marine Electricals

Marine Electricals (India) Limited (NSE: MARINE) is an integrated technical services provider that offers electrical automation, power distribution, and information and communication technology solutions across multiple 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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