Marine Electricals stock zooms 6% on winning ₹115 Cr deal for Tata Semiconductor facilityMarine Electricals stock zooms 6% on winning ₹115 Cr deal for Tata Semiconductor facility

Introduction

Leading electrical solutions provider secured Rs. 115 crore order from Larsen & Toubro for supply and installation of LT boards and branch panels at semiconductor facility.

Also Read: Diamond Power Infrastructure bags ₹43.26 Cr cable supply order from Adani Power

Share price movement of Marine Electricals

On April 07, 2026, Marine Electricals (India) Limited opened at ₹177.90, up 1.39% from its previous close of ₹175.42. The stock reached a high of ₹186.00 (5.99%) and a low of ₹175.70. By 1:12 PM, it traded at ₹179.40, a 2.27% increase, with a market cap of ₹2,510.60 crore.

Marine Electricals Secures ₹115 Crore Order

Marine Electricals (India) Limited has secured orders worth Rs. 115 crore from Larsen & Toubro Limited. The orders cover supply, installation, testing, and commissioning of LT boards and branch panels for Tata Semiconductor Manufacturing Private Limited.

The delivery is planned over 18 months. Promoters and promoter group have no interest in the project. The order is not a related party transaction. The company disclosed this for corporate governance compliance.

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

Marine Electricals (India) Limited delivered a 1-week return of 15.6%, a 6-month return of -15.9%, and a 1-year return of 7.42%.

Also Read: Waaree Energies kicks off 3,000 MW solar module production in Kutch, stock trades green

Shareholding pattern of Marine Electricals

Particulars	Feb 2026	Dec 2025	Sep 2025
Promoter	68.20%	68.50%	68.50%
FII	0.30%	0.70%	0.20%
DII	0%	0%	0%
Public	31.20%	30.70%	31.20%

About Marine Electricals

Marine Electricals (India) Limited (NSE: MARINE) is an integrated technical services provider offering solutions in electrical automation and information and communication technology across various industrial 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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