Marsons share price gained as much as 12% during intraday trading on June 9 after the company announced a new order from West Bengal State Electricity Transmission Company Limited.
The order is for the repairing, inspection, testing, and transportation of 50 MVA, 132/33 KV power transformers. Investors reacted positively to the development, pushing the stock higher during the session.
According to the company's regulatory filing, the contract is valued at ₹9.48 crore, including GST.
The scope of work includes:
The project is expected to be completed within 6 to 12 months from the date of award.
Marsons clarified that the contract has been awarded by a domestic entity and is not a related-party transaction.
Marsons is a Kolkata-based manufacturer of power transformers with more than 6 decades of industry experience. The company designs and manufactures a wide range of transformers used in power generation and transmission networks.
It is known for producing extra-high-voltage (EHV) transformers and has supplied equipment for various power infrastructure projects across India.
Over the years, the company has expanded from manufacturing distribution transformers to high-voltage and EHV transformers that support the country's growing electricity transmission network.
India's power sector continues to see strong investment in transmission infrastructure, grid modernisation, and renewable energy integration. These developments are expected to increase demand for high-capacity transformers, creating opportunities for manufacturers such as Marsons.
The latest order adds to the company's order book and highlights continued demand for transformer maintenance and upgrade projects from state utilities.
Following the announcement, Marsons share price (NSE: MARSON) climbed as much as 12.4% to an intraday high of ₹136.94 on the BSE. The stock later trimmed some gains but remained firmly in positive territory during the trading session.
The ₹9.48 crore order from WBSETCL has provided a positive trigger for Marsons shares. While the contract size is relatively modest, it strengthens the company's order pipeline and reinforces its position in India's power transmission and transformer industry. Continued investments in the country's electricity infrastructure could support future growth opportunities for the company.
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Published on: Jun 9, 2026, 2:38 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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