Marine Electricals Wins Three Defence and Shipbuilding Orders Worth Rs44.22 Cr
India, June 10 -- Shares of Marine Electricals (India) Limited, with a market capitalization of Rs. 3,411.84 crore, were trading at Rs. 243.80, down 0.06% from their previous closing price of Rs. 243.95. The stock touched an intraday high of Rs. 249.30and a low of Rs. 237.60. It is currently trading at a P/E ratio of 58.24.
Three New Orders Across Defence and Shipbuilding
Marine Electricals has secured three new orders worth a combined Rs44.22 crore from leading organisations in India's defence and shipbuilding sector. The orders include an Electrical Turnkey Package from Garden Reach Shipbuilders & Engineers (GRSE), one of India's major defence shipyards, and a contract from Udupi Cochin Shipyard for the supply of switchboards and other...
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