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Marine Electricals Share Price Surges Over 7% After Receiving Orders Worth ₹393.52 Crore

Written by: Team Angel OneUpdated on: 5 Oct 2026, 8:45 pm IST
Marine Electricals has received orders worth approximately ₹393.52 crore across power distribution, data centres, ship electrical works and port infrastructure.
Marine Electricals Share Price Surges
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Marine Electricals (India) Limited has received multiple orders with a combined value of approximately ₹393.52 crore, excluding taxes. The orders cover work for a data-centre operator, a shipbuilder, a port project and a power distribution system.  

The projects have different execution schedules. The shortest delivery period is 4-7 months, while one of the orders is scheduled to run for as long as 28 months.  

Power Distribution Order From Web Werks 

Marine Electricals has received an order from Web Werks (India) Private Limited for the supply of a Power Distribution System.  

The delivery is scheduled over 18-24 months.  

CtrlS Order Covers MEP Works 

Another order has come from CtrlS Datacenters Limited for MEP GC Contract Works.  

Marine Electricals is scheduled to complete this work within 6-8 months.  

Ship and Port Projects Add to Order Intake 

The company has also received an order from Garden Reach Shipbuilders & Engineers for electrical works on a 7,500 DWT MPV. The project has a 24-28 month completion schedule.  

Separately, an order from Navayuga Engineering Company covers the supply of VTMS for the Ramayapatnam Port Project, with delivery planned over 4-7 months.  

Read More: Ola Electric Share Price in Focus; Bhavish Aggarwal Pledges 4.32% Stake for Rights Issue! 

Marine Electricals Share Price Performance  

As of 05 October 2026, at 2:04 PM, Marine Electricals (India) Limited share price is trading at ₹470.50 per share, reflecting a surge of 7.78% from the previous trading session. 

Conclusion 

The four orders give Marine Electricals work across several infrastructure segments, with execution spread across both shorter assignments and projects extending beyond two years. 

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: Oct 5, 2026, 3:15 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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