Bengaluru, Aug. 19 -- A small-cap company engaged in electrical automation and ICT solutions is in the spotlight after securing a new domestic work order worth Rs. 17.36 crore for supplying of the control panels.

With the market capitalization of Rs. 2,406 crore, the shares of Marine Electricals (India) Limited is trading at Rs. 174.40, up by 1.88 percent from its previous day's close price of Rs. 171.18 per equity share, and it has reached a high of Rs. 176.89 on the same trading day.

Work Order

The company received a Rs. 17.36 crore order from Allweiler India to supply control panels. The deliveries will take place over the next 36 months, adding to the company's growing order book and strengthening its position in the electrical sol...