Order winNotableFiled on NSE ·

Marine Electricals (India) Ltd awards orders worth Rs 362.34 crore for power systems

Marine Electricals (India) Ltd · Industrial Manufacturing

What the filing says

  • Received order from Princeton Digital Group (India) Pvt Ltd for Power Distribution System; delivery over 12-15 months
  • Received letter of intent from DXDC Chennai Pvt Ltd for Power Distribution System; delivery over 4-5 months
  • Orders exclude promoter interest and are not related party transactions; total order value approx Rs 362.34 crore excluding taxes

Why it's rated notable: the amount is 37% of annual revenue (20% to 50%)

Original filing

Bagging/Receiving of orders/contracts

Read the filing on NSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.