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Marine Electricals Share Price Surges Over 3% After Securing ₹250.78 Crore Orders

Written by: Team Angel OneUpdated on: 28 Sept 2026, 8:33 pm IST
Marine Electricals has received three orders worth around ₹250.78 crore for supplying power distribution systems.
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Marine Electricals has picked up three orders from Digital Edge DC, Socomec India and STT Global Data Centres India. The combined value of these orders is approximately ₹250.78 crore, excluding taxes, as per the exchange filing. 

The company shared the details in an exchange filing dated September 28, 2026. The delivery periods range from four months to one year, depending on the order. 

Orders From Three Companies 

Marine Electricals will supply power distribution systems to all three customers. The orders have come from Digital Edge DC (India) Private Limited, Socomec India Private Limited and STT Global Data Centres India. 

The company has disclosed the combined order value but has not given a separate value for each contract. 

Delivery Timelines for the Orders 

The delivery schedule is different for each customer. Marine Electricals will complete supplies to Digital Edge DC over 10–12 months. The order from Socomec India has a shorter delivery period of four months. 

For STT Global Data Centres India, the company will supply the equipment over 10–12 months. 

Read More: Radico Khaitan Share Price in Focus as its Premium Whisky Brands Rampur, Sangam Enter 4 Major UK Airports! 

Marine Electricals Share Price Performance 

As of September 28, 2026, at 2:15 PM, Marine Electricals share price was trading at ₹428.10 per share, reflecting a 3.47% surge from the previous trading session. 

Conclusion 

Marine Electricals has received three orders worth approximately ₹250.78 crore, excluding taxes, from Digital Edge DC, Socomec India and STT Global Data Centres India. All three orders are for power distribution systems, with delivery periods ranging from four to 12 months. The company has not disclosed the individual value of each order. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Sep 28, 2026, 3:03 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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