India, July 3 -- A transformer manufacturer catering to power utilities and industrial clients came into focus after announcing another fresh purchase order, continuing a run of contract wins disclosed through June. The filing, made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, adds to a stretch of order announcements that has coincided with a sharp reversal in the stock's price. Shares have fallen nearly half from their 52-week high even as revenue and profit have both scaled up meaningfully over the past two fiscal years.

With a market capitalization of Rs. 1,953.34 crore, the shares of Marsons Limited were trading at Rs. 113.33 per share, down 0.81 percent from its previous closing price of Rs. 114.26 ...