Transformer stock jumps 3% after receiving order to supply power transformers to Jakson LimitedTransformer stock jumps 3% after receiving order to supply power transformers to Jakson Limited

Introduction:

Leading power solutions provider has secured a ₹42.71 crore order from Jakson Limited to supply 10 MVA 33/11 kV power transformers. The contract, aimed at enhancing Maharashtra’s power infrastructure, will be completed within 9 to 12 months.

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Share price movement of Marsons:

On February 5, 2025, Marsons Limited opened at ₹169.00, up 1.48% from its previous close of ₹166.55. The stock reached a high of ₹171.70 (3.01%) and a low of ₹167.05. By 12:13 PM, it traded at ₹170.40, a 2.31% increase, with a market cap of ₹2,932.58 crore.

Marsons Ltd Secures ₹42.71 Crore Order:

Marsons Ltd has announced that it has secured a Letter of Award (LOA) worth approximately ₹42.71 crore from Jakson Limited. The contract involves supplying 10 MVA 33/11 kV power transformers for the Maharashtra State Electricity Distribution Company Limited (MSEDCL) ROSS Scheme.

The LOA requires Marsons Ltd to deliver the transformers within a time frame of 9 to 12 months. The total consideration for the contract is ₹42.71 crores, exclusive of GST. The project is aimed at enhancing power infrastructure in Maharashtra under MSEDCL’s ROSS Scheme.

Marsons Ltd clarified that there is no involvement from promoters, promoter groups, or group companies in the award of the contract by Jakson Limited. The order is not considered a related party transaction, ensuring compliance with arm’s length pricing.

Ace investor holding in Marsons:

Hemant Kumar Jain

Hemant Kumar Jain holds a 1.74% stake in Marsons Limited, with an ownership of 3,001,000 shares valued at ₹51.1 crore. This significant holding reflects confidence in the company’s growth potential and market position.

Stock performance of Marsons for Period of 1 week, 6 months and 1 year:

Marsons Limited has seen a slight dip of -1.04% over the past week. However, its performance over the last six months has been impressive, with a return of 153%. Over the past year, the company has delivered an outstanding return of 744%.

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Shareholding pattern of Marsons:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	53.70%	53.70%	54%
FII	0%	0%	0%
DII	0%	0.00%	0%
Public	46.40%	46.30%	46.30%

About Marsons:

Marsons Ltd (BSE: 517467), established in 1976, specializes in manufacturing power and distribution transformers ranging from 10 KVA to 160 MVA 220 kV. The ISO-certified company offers comprehensive services including erection, testing, and commissioning of transformers.

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.