Marine Electricals bags order worth Rs 50 crore, hits upper circuit
Mon, Jul 8, 2024 3:15 PM

Marine Electricals bags order worth Rs 50 crore, hits upper circuit

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Marine Electricals has secured orders amounting to Rs 50 crore (Approx. - Excluding Taxes) from DC Development Hyderabad Ltd for the supply of FIM LV Panels and Skid for the HYD20 expansion (DC 2 & 3), totalling 28.8 MW. The stock has delivered a multibagger return of around 310% in just 1 year. Moreover, the company’s stock hit the upper circuit today.

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