{"id":144378,"date":"2025-02-05T11:24:10","date_gmt":"2025-02-05T05:54:10","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144378"},"modified":"2025-02-05T12:39:55","modified_gmt":"2025-02-05T07:09:55","slug":"stock-jumps-4-after-receiving-order-worth-16-cr-from-blue-star","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-order-worth-16-cr-from-blue-star\/","title":{"rendered":"Stock jumps 4% after receiving order worth \u20b916 Cr from Blue Star"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-725617567\"><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 the Electrical company specializing in providing integrated technical services in the fields of electrical automation and information jumped upto 4 percent upon receiving a work order from Blue Star Limited for Supply of Power Distribution System for Rs. 16 Crores.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-98298778\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of Rs. 2,880 crores on Wednesday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/MARINE\" target=\"_blank\" rel=\"noreferrer noopener\">Marine Electricals Limited<\/a> <\/strong>jumped upto 4 percent making a high of Rs. 217 per share compared to its previous closing price of Rs. 208.78\u00a0 per share.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Marine Electricals Limited engaged in providing integrated technical services in the fields of electrical automation and information has received a domestic work order for Rs. 16 crore from&nbsp; M\/s. Blue Star Limited, for the supply of a Power Distribution System which is to be executed over the six months.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Segments Performance&nbsp;<\/strong><\/h2><p>The company deals with two segments viz Marine and Industry and the company has been receiving orders for these segments regularly. It has achieved revenues of Rs. 265.79 crores for the Marine Segment and 267.93 crores for the Industry Segment during FY 2023-24 as against Rs. 198.07 crores for the Marine segment and Rs. 193.19 crores for the Industry segment during FY 2022-23.&nbsp;&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1156383324\"><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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company<\/strong><\/h2><p>Marine Electricals Limited is a prominent Indian company specializing in electrical systems and solutions for marine, industrial, and infrastructure sectors. It offers products like switchboards, control panels, and automation systems. The company serves a wide range of industries including shipping, power, and construction.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s revenue rose by 36 percent from Rs. 123.25 crore to Rs. 167.86 crore in Q2FY24-25. Meanwhile, Net profit rose from Rs. 4.95 crores to Rs. 9.72 crores in Q2FY24-25.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong>&nbsp;<\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><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 <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-832461628\"><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 the Electrical company specializing in providing integrated technical services in the fields of electrical automation and information jumped upto 4 percent upon receiving a work order from Blue Star Limited for Supply of Power Distribution System for Rs. 16 Crores. Price action With a market capitalization of Rs. 2,880 crores on Wednesday, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104923,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[4865,31,13525],"tags":[],"class_list":["post-144378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","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>Stock jumps 4% after receiving order worth \u20b916 Cr from Blue Star - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of the Electrical company specializing in providing integrated technical services in the fields of electrical automation and information jumped upto 4 percent upon receiving a work order from Blue Star Limited for Supply of Power Distribution System for Rs. 16 Crores.\" \/>\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\/stock-jumps-4-after-receiving-order-worth-16-cr-from-blue-star\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps 4% after receiving order worth \u20b916 Cr from Blue Star\" \/>\n<meta property=\"og:description\" content=\"The shares of the Electrical company specializing in providing integrated technical services in the fields of electrical automation and information jumped upto 4 percent upon receiving a work order from Blue Star Limited for Supply of Power Distribution System for Rs. 16 Crores.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-order-worth-16-cr-from-blue-star\/\" \/>\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=\"2025-02-05T05:54:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-05T07:09:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-1.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\/stock-jumps-4-after-receiving-order-worth-16-cr-from-blue-star\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-order-worth-16-cr-from-blue-star\/\",\"name\":\"Stock jumps 4% after receiving order worth \u20b916 Cr from Blue Star - 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