India, Oct. 2 -- Shares of a diversified electrical and automation solutions stock saw active trading, reflecting investor optimism amid strong growth across defence, data centre, and EV infrastructure segments.
The stock posted mixed quarterly trends, with sequential decline in sales and profits but year-on-year expansion in both revenue and net earnings, highlighting resilience in high-barrier sectors and emerging infrastructure opportunities.
About the company
Marine Electricals (India) Ltd, with a market capitalization of Rs. 3,007.19 crore and current market price of 214, initially specialized in providing customized electrical solutions for the shipping industry. Since 2005, the company has expanded its offerings to deliver tailore...