Marine Electric.

Market Cap: Small Cap
Industry: Industrial Manufacturing
ISIN: INE01JE01028
NSEID: MARINE
BSEID:

INR

206.70

-4.71 (-2.23%)

BSENSE

Dec 05

BSE+NSE Vol: 167488

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    "sid": 1003069,
    "name": "Marine Electric.",
    "stock_name": "Marine Electric.",
    "full_name": "Marine Electricals (India) Ltd",
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    "country_id": 34,
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    "dir": -1,
    "prev_price": "211.41",
    "mcapval": "2,851.31 Cr",
    "mcap": "Small Cap",
    "scripcode": "",
    "symbol": "MARINE",
    "ind_name": "Industrial Manufacturing",
    "ind_code": 12,
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    "isin": "INE01JE01028",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": 167488,
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
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    "results": [
      {
        "title": "Why is Marine Electric. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-marine-electric-fallingrising-3745084",
        "imagepath": "",
        "date": "2025-12-04 01:03:34",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Comparison</strong></p>\n<p>Marine Electricals’ share price has experienced a significant downturn over multiple time frames. In the past week, the stock declined by 6.41%, markedly underperforming the Sensex, which fell by only 0.84% during the same period. This underperformance extends over longer durations as well, with the stock down 10.70% in the last month while the Sensex gained 0.86%. Year-to-date figures reveal a more pronounced divergence, with Marine Electricals falling 18.36% compared to the Sensex’s 9.90% rise. Over the past year, the stock has declined 16.80%, whereas the benchmark index appreciated by 6.25%.</p>\n<p>Despite these recent setbacks, it is important to note that Marine Electricals has delivered exceptional long-term returns. Over thr..."
      },
      {
        "title": "Marine Electricals (India) Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/marine-electricals-india-exhibits-mixed-technical-signals-amid-price-momentum-shift-3740378",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/MarineElectrica_technicaldot_3740378.png",
        "date": "2025-12-02 08:11:45",
        "description": "Marine Electricals (India) has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and mildly bearish signals across key indicators. This development comes amid a backdrop of mixed returns relative to the broader Sensex, highlighting the importance of a detailed technical analysis for investors tracking this industrial manufacturing stock."
      },
      {
        "title": "Marine Electric Sees Revision in Market Evaluation Amid Mixed Performance",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/marine-electric-upgraded-from-sell-to-hold-by-marketsmojo-on-20-oct-2025-3735352",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/MarineElectric_mojoScore_3735352.png",
        "date": "2025-11-28 10:04:56",
        "description": "Marine Electric has experienced a revision in its market evaluation, reflecting changes in its fundamental and technical outlook. This adjustment comes amid a backdrop of varied stock returns and evolving financial indicators within the industrial manufacturing sector."
      },
      {
        "title": "Marine Electricals (India) Exhibits Shift in Price Momentum Amid Mixed Technical Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/marine-electricals-india-shifts-to-bullish-momentum-amid-mixed-technical-signals-3730349",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/MarineElectrica_technicaldot_3730349.png",
        "date": "2025-11-26 08:10:03",
        "description": "Marine Electricals (India) has experienced a notable shift in its technical landscape, reflecting evolving price momentum and a complex interplay of indicator signals. Recent market data reveals a transition towards a more bullish trend on shorter timeframes, while longer-term indicators present a nuanced picture, underscoring the importance of a balanced analysis for investors in the industrial manufacturing sector."
      },
      {
        "title": "Marine Electricals (India) Sees Mixed Technical Signals Amid Price Momentum Shift",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/marine-electricals-india-technical-momentum-shifts-amid-mixed-market-signals-3727664",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/MarineElectrica_technicaldot_3727664.png",
        "date": "2025-11-25 08:14:02",
        "description": "Marine Electricals (India) has experienced a notable shift in its price momentum and technical indicators, reflecting a nuanced market assessment. Recent data reveals a transition in trend dynamics, with mixed signals from key technical tools such as MACD, RSI, moving averages, and Bollinger Bands, underscoring a complex outlook for this industrial manufacturing stock."
      },
      {
        "title": "Is Marine Electric. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-marine-electric-overvalued-or-undervalued-3723788",
        "imagepath": "",
        "date": "2025-11-24 08:27:41",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Valuation Metrics Indicate Elevated Pricing</strong></p>\n<p>Marine Electric currently trades at a price-to-earnings (PE) ratio of approximately 71, which is significantly higher than the broader industrial manufacturing sector average. The price-to-book (P/B) ratio stands at 7.7, signalling that investors are paying a substantial premium over the company’s net asset value. Enterprise value multiples such as EV to EBIT and EV to EBITDA are also elevated, at 52.7 and 41.9 respectively, underscoring the market’s expectation of strong future earnings growth.</p>\n<p>The PEG ratio, which adjusts the PE ratio for earnings growth, is 3.6. This figure suggests that while growth prospects are factored in, the stock remains expensive relative to its earnings growth rate. Dividend yield is minimal at 0...."
      },
      {
        "title": "Why is Marine Electric. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-marine-electric-fallingrising-3703004",
        "imagepath": "",
        "date": "2025-11-14 23:42:13",
        "description": "As of 14-Nov, Marine Electricals (India) Ltd is experiencing a price increase, currently at 250.20, reflecting a rise of 3.85 or 1.56%. The stock has shown strong performance today, outperforming its sector by 1.55%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 104.12% compared to the 5-day average. Over the past week, the stock has gained 7.59%, and over the last month, it has increased by 22.59%, showcasing a robust upward trend despite a year-to-date decline of 5.03%.\n\nIn the broader market context, the Sensex has only increased by 1.64% over the past week and 3.04% over the past month, indicating that Marine Electricals is outperforming the benchmark significantly in the short term. The company has demonstrated a strong abilit..."
      },
      {
        "title": "Is Marine Electric. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-marine-electric-overvalued-or-undervalued-3700364",
        "imagepath": "",
        "date": "2025-11-14 08:13:08",
        "description": "As of 13 November 2025, the valuation grade for Marine Electric has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued, with a PE ratio of 72.81, a Price to Book Value of 7.91, and an EV to EBITDA ratio of 43.06. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.\n\nIn comparison to its peers, Marine Electric's valuation metrics are notably higher; for instance, Rail Vikas has a PE ratio of 57.69 and an EV to EBITDA of 72.83, while Tube Investments shows a PE of 93.82 with a much lower EV to EBITDA of 29.91. This stark contrast reinforces the notion that Marine Electric is overvalued in its sector. Although the company has shown strong returns over the past three years, outperforming the Sensex significantly, the current valuation metrics suggest that investors may be..."
      },
      {
        "title": "Why is Marine Electric. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-marine-electric-fallingrising-3691393",
        "imagepath": "",
        "date": "2025-11-11 23:49:32",
        "description": "As of 11-Nov, Marine Electricals (India) Ltd is experiencing a price increase, with the current price at 237.20, reflecting a rise of 11.65 or 5.17%. Today's performance indicates that the stock has outperformed its sector by 4.5%. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. Despite a significant drop in investor participation, with delivery volume falling by 53.93% against the 5-day average, the company demonstrates strong financial health, evidenced by a low Debt to EBITDA ratio of 0.65 times, consistent positive results over the last three quarters, and impressive growth in net sales and operating profit.\n\nIn the broader market context, the stock's performance over the past week shows a decline of 3.46%, while the Sensex has increased by 0.38%. However, over the past month, Marine Electricals has outperforme..."
      }
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    "total": 559,
    "sid": "1003069",
    "stock_news_url": "https://www.marketsmojo.com/news/marine-electricals-india-1003069"
  },
  "announcements": [
    {
      "details": "Marine Electricals (India) Limited has informed the Exchange regarding Board meeting held on November 14, 2019.",
      "source": "NSE",
      "caption": "Marine Electricals (India) Limited - Outcome of Board Meeting",
      "datetime": "14-Nov-2019"
    },
    {
      "details": "Marine Electricals (India) Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.'.",
      "source": "NSE",
      "caption": "Marine Electricals (India) Limited - Updates",
      "datetime": "05-Nov-2019"
    },
    {
      "details": "Marine Electricals (India) Limited has informed the Exchange regarding Resignation of Mr Rohit Shetty as Chief Financial Officer of the company w.e.f. October 19, 2019.",
      "source": "NSE",
      "caption": "Marine Electricals (India) Limited - Resignation",
      "datetime": "22-Oct-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Marine Electricals (India) Ltd has declared <strong>15%</strong> dividend, ex-date: 12 Sep 25",
          "dt": "2025-09-12",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Marine Electricals (India) Ltd has announced <strong>2:10</strong> stock split, ex-date: 18 Feb 21",
          "dt": "2021-02-18",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Why is Marine Electric. falling/rising?

2025-12-04 01:03:34

Recent Price Movement and Market Comparison

Marine Electricals’ share price has experienced a significant downturn over multiple time frames. In the past week, the stock declined by 6.41%, markedly underperforming the Sensex, which fell by only 0.84% during the same period. This underperformance extends over longer durations as well, with the stock down 10.70% in the last month while the Sensex gained 0.86%. Year-to-date figures reveal a more pronounced divergence, with Marine Electricals falling 18.36% compared to the Sensex’s 9.90% rise. Over the past year, the stock has declined 16.80%, whereas the benchmark index appreciated by 6.25%.

Despite these recent setbacks, it is important to note that Marine Electricals has delivered exceptional long-term returns. Over thr...

Marine Electricals (India) Technical Momentum Shifts Amid Mixed Market Signals

2025-12-02 08:11:45

Marine Electricals (India) has experienced a nuanced shift in its technical momentum, reflecting a complex interplay of bullish and mildly bearish signals across key indicators. This development comes amid a backdrop of mixed returns relative to the broader Sensex, highlighting the importance of a detailed technical analysis for investors tracking this industrial manufacturing stock.

Marine Electric Sees Revision in Market Evaluation Amid Mixed Performance

2025-11-28 10:04:56

Marine Electric has experienced a revision in its market evaluation, reflecting changes in its fundamental and technical outlook. This adjustment comes amid a backdrop of varied stock returns and evolving financial indicators within the industrial manufacturing sector.

Marine Electricals (India) Exhibits Shift in Price Momentum Amid Mixed Technical Signals

2025-11-26 08:10:03

Marine Electricals (India) has experienced a notable shift in its technical landscape, reflecting evolving price momentum and a complex interplay of indicator signals. Recent market data reveals a transition towards a more bullish trend on shorter timeframes, while longer-term indicators present a nuanced picture, underscoring the importance of a balanced analysis for investors in the industrial manufacturing sector.

Marine Electricals (India) Sees Mixed Technical Signals Amid Price Momentum Shift

2025-11-25 08:14:02

Marine Electricals (India) has experienced a notable shift in its price momentum and technical indicators, reflecting a nuanced market assessment. Recent data reveals a transition in trend dynamics, with mixed signals from key technical tools such as MACD, RSI, moving averages, and Bollinger Bands, underscoring a complex outlook for this industrial manufacturing stock.

Is Marine Electric. overvalued or undervalued?

2025-11-24 08:27:41

Valuation Metrics Indicate Elevated Pricing

Marine Electric currently trades at a price-to-earnings (PE) ratio of approximately 71, which is significantly higher than the broader industrial manufacturing sector average. The price-to-book (P/B) ratio stands at 7.7, signalling that investors are paying a substantial premium over the company’s net asset value. Enterprise value multiples such as EV to EBIT and EV to EBITDA are also elevated, at 52.7 and 41.9 respectively, underscoring the market’s expectation of strong future earnings growth.

The PEG ratio, which adjusts the PE ratio for earnings growth, is 3.6. This figure suggests that while growth prospects are factored in, the stock remains expensive relative to its earnings growth rate. Dividend yield is minimal at 0....

Why is Marine Electric. falling/rising?

2025-11-14 23:42:13

As of 14-Nov, Marine Electricals (India) Ltd is experiencing a price increase, currently at 250.20, reflecting a rise of 3.85 or 1.56%. The stock has shown strong performance today, outperforming its sector by 1.55%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 104.12% compared to the 5-day average. Over the past week, the stock has gained 7.59%, and over the last month, it has increased by 22.59%, showcasing a robust upward trend despite a year-to-date decline of 5.03%. In the broader market context, the Sensex has only increased by 1.64% over the past week and 3.04% over the past month, indicating that Marine Electricals is outperforming the benchmark significantly in the short term. The company has demonstrated a strong abilit...

Is Marine Electric. overvalued or undervalued?

2025-11-14 08:13:08

As of 13 November 2025, the valuation grade for Marine Electric has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently considered overvalued, with a PE ratio of 72.81, a Price to Book Value of 7.91, and an EV to EBITDA ratio of 43.06. These ratios suggest that the stock is trading at a premium compared to its earnings and book value. In comparison to its peers, Marine Electric's valuation metrics are notably higher; for instance, Rail Vikas has a PE ratio of 57.69 and an EV to EBITDA of 72.83, while Tube Investments shows a PE of 93.82 with a much lower EV to EBITDA of 29.91. This stark contrast reinforces the notion that Marine Electric is overvalued in its sector. Although the company has shown strong returns over the past three years, outperforming the Sensex significantly, the current valuation metrics suggest that investors may be...

Why is Marine Electric. falling/rising?

2025-11-11 23:49:32

As of 11-Nov, Marine Electricals (India) Ltd is experiencing a price increase, with the current price at 237.20, reflecting a rise of 11.65 or 5.17%. Today's performance indicates that the stock has outperformed its sector by 4.5%. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. Despite a significant drop in investor participation, with delivery volume falling by 53.93% against the 5-day average, the company demonstrates strong financial health, evidenced by a low Debt to EBITDA ratio of 0.65 times, consistent positive results over the last three quarters, and impressive growth in net sales and operating profit. In the broader market context, the stock's performance over the past week shows a decline of 3.46%, while the Sensex has increased by 0.38%. However, over the past month, Marine Electricals has outperforme...

View All News

Announcement

Marine Electricals (India) Limited - Outcome of Board Meeting

14-Nov-2019 | Source : NSE

Marine Electricals (India) Limited has informed the Exchange regarding Board meeting held on November 14, 2019.

Marine Electricals (India) Limited - Updates

05-Nov-2019 | Source : NSE

Marine Electricals (India) Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.'.

Marine Electricals (India) Limited - Resignation

22-Oct-2019 | Source : NSE

Marine Electricals (India) Limited has informed the Exchange regarding Resignation of Mr Rohit Shetty as Chief Financial Officer of the company w.e.f. October 19, 2019.