Marine Electricals bags Rs362.34 Cr power distribution orders to accelerate data center infrastructure expansion
India, Oct. 27 -- Behind every data centre is a power distribution system, the switchgear, panels and busways that take electricity from the grid to the servers. If it fails, everything stops, so operators insist on proven makers who can deliver on time. Companies that build this equipment for ships and navy vessels already know how to work with demanding clients and strict quality standards, which helps them move into data centres.
The Nifty 50 was trading at 22,671.00, down 0.36%. Meanwhile, Sensex also fell 0.38% to 73,323.74 on Tuesday. Meanwhile, Shares of Marine Electricals (India) Ltd. were trading at Rs. 416.75, up 7.38 percent from previous close of Rs. 388.10. The stock opened at Rs. 390.00 and reached an intraday high of Rs. ...
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