Marine Electricals gains on bagging Rs. 35-cr supply contract from AdaniConnex.

Marine Electricals (India) advanced 1.06% to Rs. 33.25 after the company bagged an order worth Rs. 35 crore from AdaniConnex.

The contract is for the supply & installation of LV panel & skid at AdaniConnex's Hyderabad site. The delivery of the said goods shall be made over a period of six months, the company added.

Marine Electricals provides customised electrical solutions to the marine and non-marine sectors. Its head office is in Mumbai, with manufacturing facilities in Mumbai and Goa.

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