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Marsons trades jubilantly on bagging EPC contract worth Rs 6 crore

06 May 2016 Evaluate

Marsons is currently trading at Rs. 11.05, up by 0.75 points or 7.28% from its previous closing of Rs. 10.30 on the BSE.

The scrip opened at Rs. 10.50 and has touched a high and low of Rs. 11.40 and Rs. 10.15 respectively. So far 135644 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 11.88 on 11-Mar-2016 and a 52 week low of Rs. 3.25 on 02-Sep-2015.

Last one week high and low of the scrip stood at Rs. 11.40 and Rs. 9.91 respectively. The current market cap of the company is Rs. 27.63 crore.

The promoters holding in the company stood at 37.01% while Non-Institutions held 62.99% stake in the company.

Marsons has bagged yet another prestigious order from a reputed NCR based EPC contractor for supply of large power transformers. The order is worth Rs 6 crore and puts the company on the right track to achieve its targets for this fiscal year. The company has consciously shifted its focus to picking up more orders from the private sector, as the favorable payment terms help the company maintain a healthy and strong cash flow.

Marsons is one of the oldest and most reputed manufacturers of transformers in India with an infrastructure to supply transformers up to 160 MVA/220 kV class. Having supplied over 200,000 power transformers over the last six decades, Marsons is the largest transformer manufacturer in Eastern and North Eastern India.

 

Marsons Share Price

157.00 -3.85 (-2.39%)
11-May-2026 09:41 View Price Chart
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