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Marine Electricals: Stock in focus after it receives new order from from Equinix India

Marine Electricals (India) Limited received a Rs. 29.68 crore order from Equinix India for supply, testing, and commissioning of a power distribution system over seven months.

Introduction

Leading electrical solutions firm has secured a Rs. 29.68 crore order from Equinix India for supply, testing, and commissioning of a power distribution system, with delivery scheduled over a seven-month period.

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Share price movement of Marine Electricals

On October 7, 2025, Marine Electricals (India) Limited opened at ₹225.00, up 0.40% from its previous close of ₹224.10. The stock reached a high of ₹225.94 and a low of ₹213.50. By 4:00 PM, it traded at ₹215.40, with a market cap of ₹2,971.32 crore.

Marine Electricals Secures Rs. 29.68 Crore Order

Marine Electricals (India) Limited has received an order worth Rs. 29.68 crore from Equinix India Private Limited. The order involves supply, testing, and commissioning of a power distribution system over seven months.

The contract does not involve any promoter or promoter group interest and is not a related party transaction. The company has disclosed the order as part of its corporate governance practices.

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

Marine Electricals (India) Limited delivered a 4.69% return over the past week, it gained 32.3% in the past six months. The stock rose 0.46% over the past year.

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Shareholding pattern of Marine Electricals

ParticularsJun 2025Mar 2025Dec 2024
Promoter68.50%68.50%68.50%
FII0.10%0.20%1.00%
DII0%0.00%0%
Public31.40%31.40%30.60%

About Marine Electricals

Marine Electricals (India) Ltd (NSE: MARINE) is a leading technical services provider, specializing in electrical automation and ICT solutions, and one of India’s largest LV and MV switchgear manufacturers with a 50% market share.

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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.

FAQs

Q: Why is Marine Electricals (India) Limited share price going up today?

A: Marine Electricals (India) Limited share price rose after receiving a Rs. 29.68 crore order from Equinix India for a power distribution system.

Q: What does Marine Electricals (India) Limited specialize in?

A: Marine Electricals (India) Limited specializes in electrical automation, ICT solutions, and manufacturing LV and MV switchgear for naval and industrial clients.

Q: What is the market capitalization of Marine Electricals (India) Limited?

A: The market capitalization of Marine Electricals (India) Limited is Rs. 2,971.32 crore as per the latest trading data.

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