{"id":115761,"date":"2023-12-18T17:36:14","date_gmt":"2023-12-18T12:06:14","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115761"},"modified":"2023-12-18T17:37:03","modified_gmt":"2023-12-18T12:07:03","slug":"multibagger-stock-up-4-after-it-received-orders-worth-22-crores-from-lt-and-others","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-up-4-after-it-received-orders-worth-22-crores-from-lt-and-others\/","title":{"rendered":"Multibagger stock up 4% after it received orders worth \u20b9 22 Crores from L&#038;T and others\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1836165369\"><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>Multibagger Engineering stock engaged in the manufacturing and sale of all types of marine and industrial electrical &amp; electronic components jumped 4 percent from the day\u2019s low after it received orders worth ~Rs. 22 Crores from Laren&amp;Toubro and others.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3909253337\"><!-- 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>At 3:20 p.m. the shares of <a href=\"https:\/\/portal.tradebrains.in\/stock\/MARINE\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Marine Electricals<\/strong><\/a> (India) Limited were trading at Rs. 94, up 0.21 percent from its previous day\u2019s close price of Rs. 93.80 and its market capitalization is Rs. 1,218 Crores. It has delivered multi-bagger returns of 186 percent in a year.\u00a0<\/p><p>It has received multiple orders worth Rs. 21.90 Crores from different players which include Larsen &amp; Toubro Limited, and L&amp;T Shipbuilding for the supply of Integrated Bridge System (IBS), Mian Switchboard, and Electricals Equipmentsfor MPV Project (2 shipsets ). The delivery shall be over a period of 12 months.&nbsp;<\/p><p>The orders include the supply of spares of the Integrated Bridge System (IBS) from Material Organisation (Vizag), Visakhapatnam and the delivery shall be done over a period of 6 months.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2468010092\"><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>The last order is from Data Center Holdings India LLP, for the supply of Installation testing and commissioning of row-wise BBT and Energy Monitoring system. The delivery shall be over a period of 4.5 months.&nbsp;<\/p><p>The company\u2019s revenue from operations grew 17.68 percent from Rs. 376.33 Crores in FY22 to Rs. 442.85 in FY23, accompanied by increasing profits of Rs. 12.98 Crores to Rs. 17 Crores.&nbsp;<\/p><p>Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information &amp; communication technology solutions, It is engaged in the manufacturing and sale of all types of marine and industrial electrical &amp; electronic components like switchgear, control gears, and many more.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2771004526\"><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>Multibagger Engineering stock engaged in the manufacturing and sale of all types of marine and industrial electrical &amp; electronic components jumped 4 percent from the day\u2019s low after it received orders worth ~Rs. 22 Crores from Laren&amp;Toubro and others.&nbsp; At 3:20 p.m. the shares of Marine Electricals (India) Limited were trading at Rs. 94, up [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19768,"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":[31,1789],"tags":[14090,14091,14089,14997,14998,14996,3108,3238],"class_list":["post-115761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-marine-electrical-latest-news","tag-marine-electrical-latest-order","tag-marine-electrical-share-price","tag-marine-electricals-latest-news","tag-marine-electricals-latest-orders","tag-marine-electricals-share-price","tag-multi-bagger-stocks","tag-multi-bagger-stocks-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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