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Synopsis: Marsons Limited has received an order worth Rs. 9.48 crore from West Bengal State Electricity Transmission Company Limited (WBSETCL) for the repair, inspection, and testing of 50 MVA power transformers. The contract is expected to be executed within 6 to 12 months and strengthens the company’s presence in the power transmission equipment segment.

Shares of Marsons Limited are likely to remain in focus after the company announced that it has secured a new order from West Bengal State Electricity Transmission Company Limited (WBSETCL).

Marsons Limited has a total market capitalization of approximately Rs. 2251.07 crore. The company’s shares were trading at Rs. 130.80 apiece on the stock exchange, up by 5.43 percent during the session. The stock has declined around 6.57 percent over the last five trading sessions and delivered a negative return of nearly 14.08 percent over the past month, reflecting a negative performance. The stock touched a 52-week high of Rs. 175.40 and a 52-week low of Rs. 118.80. The stock has attracted investor attention amid increasing investments in power transmission and grid modernization projects across the country.

According to the company’s exchange filing, the order involves the repairing, inspection, and testing of 50 MVA, 132/33 KV power transformers, including transportation to and from the project locations. The contract has been awarded by West Bengal State Electricity Transmission Company Limited, a state-owned power transmission utility.

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The total value of the order stands at Rs. 9.48 crore, inclusive of GST. The company stated that the project is expected to be executed within a period of 6 to 12 months. The order has been awarded by a domestic entity and does not involve any related-party transaction.

The latest contract is expected to strengthen Marsons’ order book and enhance its position in the transformer manufacturing and servicing segment. Power transformers are critical components of electricity transmission networks, and regular maintenance, testing, and refurbishment are essential for ensuring reliable grid operations. The order also comes at a time when utilities across India are focusing on upgrading transmission infrastructure, improving grid efficiency, and reducing equipment downtime. Such investments are expected to create sustained opportunities for transformer manufacturers and service providers.

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For Marsons, the contract reinforces its expertise in handling high-capacity transformers and could potentially lead to additional opportunities in transformer refurbishment, maintenance, and replacement projects from utilities and power sector customers.

Incorporated in 1976, Marsons Limited is engaged in the manufacturing of transformers and specializes in power transformers with capacities of up to 100 MVA in the 132 KV class. The company caters to utilities, power transmission companies, and industrial customers across India.

The new Rs. 9.48 crore order from WBSETCL adds to the company’s existing order pipeline and is expected to contribute to revenue growth over the coming quarters while strengthening its presence in the power transmission equipment industry.

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  • Finance professional currently pursuing an MBA in Finance, with a background in Computer Applications and hands-on experience in equity research and financial analysis. Skilled in financial modelling, valuation techniques and data-driven investment analysis, with practical exposure to financial reporting and accounting operations. Actively engaged in analysing company performance, market trends and investment opportunities, with a strong interest in wealth management and strategic decision-making in capital markets.

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