Marine Electricals receives order from L&T Shipbuilding

Marine Electricals opened trading lower at ₹237 from its previous close. Stock surged 5% upper circuit at ₹262 following news of a ₹20.40 crore order from L&T Shipbuilding for an Integrated Bridge System, scheduled for delivery over 14 to 15 months. Marine is an integrated technical services provider in the fields of electrical automation & information and communication technology solutions.