Industrial Goods/Services
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Updated on 13 Nov 2025, 07:33 am
Reviewed By
Akshat Lakshkar | Whalesbook News Team
Marine Electricals India experienced a 7 percent intraday rise in its share price on November 13. This surge was driven by the company securing multiple new orders valued at ₹174.60 crore.
One significant order is from Siemens for supplying a power distribution system for a Global Hyperscaler's JUI1A DC project, with delivery expected over 12 months. Another order comes from Hindustan Shipyard for electrical works on a vessel (11200), scheduled for completion within 36 months. Additionally, Marine Electricals received an order from Equinix India for the supply, installation, testing, and commissioning of power distribution systems for its MB3.2 DC project, with a four-month delivery timeline.
These new contracts significantly enhance the company's order book, bringing the total position to around ₹966 crore as of the current date. The stock also touched a 52-week high of ₹333.00 and a low of ₹138.90, currently trading below its high and well above its low.
Impact This news is highly positive for Marine Electricals India. Securing large orders enhances revenue visibility and profitability, potentially leading to sustained stock price appreciation. Investors will likely react favorably to the increased order book and diversification of clients across data centers and shipbuilding. Rating: 8/10
Difficult Terms Explained Global Hyperscaler: A very large cloud computing provider that serves a massive number of users and organizations globally, like Amazon Web Services, Microsoft Azure, or Google Cloud. DC Project: Stands for Data Center Project. These are facilities that house computing infrastructure like servers, storage, and networking equipment. Electrical Works: Refers to the installation, maintenance, and repair of electrical systems and components. Order Book: The total value of uncompleted contracts or orders a company has secured from its customers. Market Capitalisation: The total market value of a company's outstanding shares of stock.