52-week high alert: This multibagger industrial product company bags multiple orders worth Rs 5.26 crore!

52-week high alert: This multibagger industrial product company bags multiple orders worth Rs 5.26 crore!

Praveenkumar Yadav
/ Categories: Trending, Mindshare

Shares of this company jumped more than 70 per cent in the last six months.

Marine Electricals (India) Limited informed in the exchange filing that the company has secured multiple orders worth Rs 5.26 crore. The first order is received from Hindustan Shipyard Limited for the supply of B&D Spares of IBS of DSV - Diving Support Vessel amounting to Rs. 2.21 crore. The order is to be completed within 8 months.

The company also received another order worth Rs 3.05 crore from BAM Digital Realty, Chennai for the supply, installation, testing & commissioning of PDU panels amounting to Rs 3.05 crore. The order is to be completed within 3 months.

Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions.

On Thursday, the stock opened at Rs 64.05, with a high and low of Rs 64.80 and Rs 62.10. The stock is currently trading at 62.60, down by 0.08 per cent. 

The stock has a 52-week high of Rs 64.80 and a 52-week low of Rs 27.00. The company has a ROCE of 17.2 per cent and an ROE of 12.0 per cent. The company has a market capitalisation of Rs 795 crore.  

In the last 6 months, the shares of the company have given about 70 per cent returns and in the last one year, the stock has gained more than 120 per cent. 

DSIJ offers a service 'Tiny Treasure' with recommendations for Small-Cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then do download the service details pdf here

Previous Article Market Wrap: Sensex and Nifty close on a higher note after reaching their all-time high levels!
Next Article Penny Stocks: Stocks likely to be in focus tomorrow!
Rate this article:
4.1

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR