Marsons touches roof on bagging orders worth Rs 9 crore under RDSS scheme

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Marsons

Marsons is currently trading at its upper limit of Rs. 53.32, up by 1.04 points or 1.99% from its previous closing of Rs. 52.28 on the BSE.

The scrip opened at Rs. 53.32 and has touched a high and low of Rs. 53.32 and Rs. 53.32 respectively. So far 11570 shares were traded on the counter.

Marsons

The BSE group ‘Z’ stock of face value Rs. 1 has touched a 52 week high of Rs. 53.32 on 06-May-2024 and a 52 week low of Rs. 4.95 on 25-Jul-2023.

Last one week high and low of the scrip stood at Rs. 53.32 and Rs. 49.28 respectively. The current market cap of the company is Rs. 917.64 crore.

The promoters holding in the company stood at 66.24%, while Non-Institutions held 33.76% stake in the company respectively.

Marsons has received orders worth over Rs 9 crore from various North Eastern States under the Revamped Distribution Sector Scheme (RDSS). With the receipt of this order, the company has further strengthened its foothold in the North Eastern region. The company is optimistic of establishing a dominant presence in the North East as the requirement in this region is expected to grow to its peak over the course of this year.

Marsons is an India-based company engaged in manufacturing of transformers. The Company operates in two divisions: transformer division and project division.

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