{"id":113976,"date":"2023-11-20T11:32:14","date_gmt":"2023-11-20T06:02:14","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113976"},"modified":"2023-11-20T12:23:26","modified_gmt":"2023-11-20T06:53:26","slug":"small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/","title":{"rendered":"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2605428053\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3350062288\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 1,097 crore. At 11:13 a.m.Marine Electricals India Ltd shares were trading at Rs 84.60 per share, up Rs 2.10 or 2.55 percent from the previous close price of Rs 82.50.&nbsp;<\/p><p>According to the company&#8217;s filing, Marine Electricals (India) Limited has received orders totaling Rs. 23.34 crores, including an order from Garden Reach Shipbuilders &amp; Engineers Ltd for the supply of B &amp; D spares for IBS of ASW SWC worth Rs. 21.08 crores, with delivery expected in two years.&nbsp;<\/p><p>In addition to this, the Company received an order for Rs. 2.26 crores from Goa Shipyard Limited, Goa for Hot works installation of cable tray conduits accessories and Hot works installation termination STW Test and testing of Electrical equipment.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4087049863\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Marine Electricals revenue has increased by 52 percent year on year, from Rs 90 crore in Q2FY23 to Rs 137 crore in Q2FY24.In the same time frame, net profit increased by 100 percent from Rs 2 crore to Rs 4 crore.&nbsp;<\/p><p>The company\u2019s shares have delivered a multi-bagger return of 155 percent in a year. A shareholder investment of Rs 1 lakh in the company would be worth Rs 2.55 lakh in a year.&nbsp;<\/p><p>In the recent financial year, the company reported its return on equity at 8.15 percent and return on capital employed at 14.47 percent.&nbsp;<\/p><p>Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions.&nbsp;<\/p><p>The company is engaged in the manufacturing and sale of all types of marine and industrial electrical &amp; electronic components like switch-gears, control-gears, etc, and is also engaged in the renewable energy sector, specifically solar.&nbsp;<\/p><p>In the latest shareholding pattern, company promoters hold a 73.84 percent stake and retail investors hold a 26.16 percent stake in the company.<\/p><div class=\"trade-content-10\" id=\"trade-550223491\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>Written by Omkar Chitnis<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1304117243\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.&nbsp; With a market capitalization of Rs 1,097 crore. At 11:13 a.m.Marine Electricals India Ltd shares were trading at Rs 84.60 per [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":98557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-113976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr\" \/>\n<meta property=\"og:description\" content=\"The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-20T06:02:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-20T06:53:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/\",\"url\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/\",\"name\":\"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\",\"datePublished\":\"2023-11-20T06:02:14+00:00\",\"dateModified\":\"2023-11-20T06:53:26+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr - Trade Brains Features","description":"The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/","og_locale":"en_US","og_type":"article","og_title":"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr","og_description":"The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-20T06:02:14+00:00","article_modified_time":"2023-11-20T06:53:26+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/","url":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/","name":"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","datePublished":"2023-11-20T06:02:14+00:00","dateModified":"2023-11-20T06:53:26+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of India\u2019s one of the Largest suppliers of Electrical Automation Equipment for Marine Applications rose 5 percent to Rs 86.60 per share after the company received an order totaling Rs 23.34 crores.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/index-cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/small-cap-stock-jumps-up-to-5-after-it-received-an-order-worth-23-34-cr\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Small cap stock jumps up to 5% after it received an order worth \u20b9 23.34 Cr"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=113976"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113976\/revisions"}],"predecessor-version":[{"id":113977,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/113976\/revisions\/113977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/98557"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=113976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=113976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=113976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}