Marine Electricals India shares rally 9% to hit 52-week high on bagging multiple orders worth over ₹393 crore; check details

Among the four orders, one of them was from Web Werks (India) for the supply of a power distribution system. Marine Electricals in a filing said that the delivery of the said goods shall be made over a period of 18-24 months.  

The second order was received from CtrlS Datacenters for MEP GC contract works for a period of 6-8 months.

Garden Reach Shipbuilders & Engineers (GRSE) also awarded an order to the Marine Electricals, which includes electrical works of 7,500 DWT MPV. The delivery of these services is scheduled to be completed over a period of 24-28 months, the company said.

Lastly, Navayuga Engineering Company awarded an order for the supply of VTMS for Ramayapatnam Port Project to the company. It is expected to be completed over a period of four to seven months.

Last month, the firm was awarded three power distribution supply orders, including one from Digital Edge DC (India) Private Limited, a second from Socomec India Private Limited, and a third from STT Global Data Centres India Private Limited.

Further in September, Marine Electricals inaugurated its sixth manufacturing facility in Goa with a combined floor space of approximately 1,60,000 sq. ft., expanding the company’s overall manufacturing and operational capacity.

Starting its operations on September 14, 2026, the company estimates the facility will achieve its full manufacturing capacity of approximately 800 PTUs for data centres per year by March 2027.

Marine Electricals India share price trends

At 11:35 AM, Marine Electricals India shares were trading at ₹471.5 apiece on the National Stock Exchange, jumping 8.01%.

From the beginning of the year, Marine Electricals shares have skyrocketed 122%. Over a month’s time, the stock has rallied 12%, while for a six-month period, it has zoomed 168%.

Shares of the firm had hit a 52-week low of ₹150.86 on March 30, 2026.

According to NSE data, as of October 5, 2026, Marine Electricals India has a total market capitalisation of ₹6,589.98 crore.