Marine Electricals (India) Ltd. (MARINE) Share Price rises 7.49% today
- September 23, 2026
- Posted by: Harsh Piplani
- Category: News
Marine Electricals (India) Ltd. Share Price rose to Rs 442.25 today, up 7.49% from the previous close, while market capitalisation stood at Rs 5,818.89 crore. The move also lifted turnover to Rs 596.3 crore, giving the stock a clear place among Stocks in News on a day when the company-specific catalyst is not confirmed by the supplied data. Marine Electricals (India) Ltd. Share Price Today therefore matters for readers tracking Marine Electricals (India) Ltd. Stock News, Marine Electricals (India) Ltd. Share News and broader Stock Market Today developments.
The session opened at Rs 404 and traded between Rs 382.55 and Rs 442.25, with the day high matching the closing price. That leaves the stock 30.8 points above the previous close of Rs 411.45. Univest tracks this move as a verified share price rise, but the supplied data does not establish why the stock is rising today. Investors watching Marine Electricals (India) Ltd. Share Price Update can therefore focus on the price event itself, the valuation metrics, sector comparison and ownership context presented below.
Marine Electricals (India) Ltd. Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 442.25 |
| Previous Close | Rs 411.45 |
| Today's Move | Rs 30.8 (+7.49%) |
| Open | Rs 404 |
| High | Rs 442.25 |
| Low | Rs 382.55 |
| Turnover | Rs 596.3 crore |
| Market Capitalisation | Rs 5,818.89 crore |
| Market Cap Category | Mid Cap |
Marine Electricals (India) Ltd. (MARINE) rose to Rs 442.25 from the previous close of Rs 411.45, a move of Rs 30.8 or 7.49%. The stock opened at Rs 404, reached a high of Rs 442.25, recorded a low of Rs 382.55.
Marine Electricals (India) Ltd. Share Price Today closed at Rs 442.25, higher by Rs 30.8 or 7.49% versus the previous close of Rs 411.45. The stock opened at Rs 404 and marked an intraday low of Rs 382.55 before finishing at the day’s high of Rs 442.25. The supplied data confirms a strong same-day price rise and a broad range within the session, but it does not establish a company-specific trigger. For readers following Marine Electricals (India) Ltd. Stock Performance, the key verified facts are the final price, the percentage move and the turnover of Rs 596.3 crore.
Marine Electricals (India) Ltd. (MARINE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 5,818.89 crore |
| P/E Ratio | 89.94x |
| P/B Ratio | 11.28x |
| ROE | 11.83% |
| ROCE | 16.63% |
| EPS | Rs 4.58 |
| Book Value Per Share | Rs 36.47 |
| Dividend Yield | 0% |
Marine Electricals (India) Ltd. (MARINE) fundamental metrics show P/E 89.94x, P/B 11.28x, ROE 11.83%, ROCE 16.63%. These figures provide context only and are not a buy or sell signal.
Marine Electricals (India) Ltd. has a market capitalisation of Rs 5818.89 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 89.94x, P/B at 11.28x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 11.83% and ROCE of 16.63%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 4.58, book value per share of Rs 36.47, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 35.15x, median ROE of 17.7%, median ROCE of 21.09%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Benchmark Scope | same industry |
| Company P/E Ratio | 89.94x |
| Benchmark Median P/E | 35.15x |
| Benchmark Average P/E | 51.23x |
| Benchmark P/E Range | 4.85x to 647.97x |
| Company P/B Ratio | 11.28x |
| Benchmark Median P/B | 4.42x |
| Company ROE | 11.83% |
| Benchmark Median ROE | 17.7% |
| Company ROCE | 16.63% |
| Benchmark Median ROCE | 21.09% |
| Company Market Capitalisation | Rs 5,818.89 crore |
| Benchmark Median Market Cap | Rs 1,012.97 crore |
Marine Electricals (India) Ltd. (MARINE) is classified under sector: Capital Goods and industry: Electric Equipment.
Marine Electricals (India) Ltd. (MARINE) has a P/E ratio of 89.94x, which is above the benchmark median of 35.15x, a difference of +155.87%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Marine Electricals (India) Ltd. (MARINE) has a ROE of 11.83%, which is below the benchmark median of 17.7%, a difference of -33.16%. Marine Electricals (India) Ltd. (MARINE) has a ROCE of 16.63%, which is below the benchmark median of 21.09%, a difference of -21.15%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| ABB India Ltd. | ABB | 1,54,077.52 | 50.55 | 16.17 | 22.39 | 30.18 |
| CG Power and Industrial Solutions Ltd. | CGPOWER | 1,43,210.07 | 112.8 | 17.16 | 20.43 | 27.94 |
| Hitachi Energy India Ltd. | POWERINDIA | 1,39,823.5 | 121.54 | 25.56 | 21.04 | 28.73 |
| Siemens Ltd. | SIEMENS | 1,38,272.69 | 42.02 | 9.7 | 15.64 | 21.42 |
| SIEMENS ENERGY INDIA LTD | ENRIN | 1,15,329.63 | 77.51 | 21.96 | 29.23 | 40.19 |
Marine Electricals (India) Ltd. (MARINE) has a P/E ratio of 89.94x compared with the displayed peer median of 77.51x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 11.83% compares with a peer median of 21.04% across the companies shown in the table. ROCE stood at 16.63% versus the displayed peer median of 28.73%, providing a capital-efficiency comparison. Marine Electricals (India) Ltd. (MARINE) has a market capitalisation of Rs 5,818.89 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Marine Electricals (India) Ltd.
- Marine Electricals (India) Ltd. Share Price rose 7.49% today to Rs 442.25, above the previous close of Rs 411.45.
- The stock finished at the day high of Rs 442.25 after opening at Rs 404 and touching a low of Rs 382.55.
- Market capitalisation stood at Rs 5,818.89 crore, which is above the same-industry median of Rs 1,012.97 crore.
- P/E is 89.94 and P/B is 11.28, both above the same-industry medians of 35.15 and 4.42.
- ROE is 11.83% and ROCE is 16.63%, both below the same-industry medians of 17.7% and 21.09%.
About Marine Electricals (India) Ltd.
Marine Electricals (India) Ltd. operates in the Capital Goods sector and the Electric Equipment industry. The supplied data identifies the company within a broad industrial benchmark of 100 same-industry companies, which is useful for placing Marine Electricals (India) Ltd. Share Price alongside peers and sector norms. Readers tracking Marine Electricals (India) Ltd. Stock News often look at this context because it links the day’s price move to the company’s sector position.
The company’s current market cap, valuation ratios and profitability metrics are the most relevant business facts in the supplied dataset. Marine Electricals (India) Ltd. Share News today is best understood through those numbers: P/E of 89.94, P/B of 11.28, ROE of 11.83%, ROCE of 16.63%, EPS of Rs 4.58 and book value of Rs 36.47. Dividend yield is 0. Univest presents this as a factual company overview rather than a forward-looking view.
Track Marine Electricals (India) Share Price on Univest
Use Marine Electricals (India) Ltd. (MARINE) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Readers can track Marine Electricals (India) Ltd. Share Price on Univest for live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. Univest also helps users review Marine Electricals (India) Ltd. Stock Analysis, Marine Electricals (India) Ltd. Share Price Live data and the latest company context in one place.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Marine Electricals (India) Ltd. share price rise today?
Ans. The supplied data confirms a 7.49% same-day rise to Rs 442.25, but it does not establish a company-specific catalyst. The event is verified through price, range and turnover data only.
What is Marine Electricals (India) Ltd. Share Price today?
Ans. Marine Electricals (India) Ltd. Share Price today is Rs 442.25. It moved up from the previous close of Rs 411.45 and ended the session at the day’s high. The previous close was Rs 411.45.
How much did Marine Electricals (India) Ltd. stock gain today?
Ans. The stock gained Rs 30.8, which equals 7.49% for the day. It opened at Rs 404 and closed at Rs 442.25, showing a full-session rise. The previous close was Rs 411.45.
What is the market cap of Marine Electricals (India) Ltd.?
Ans. Marine Electricals (India) Ltd. Market Cap is Rs 5,818.89 crore. That is above the same-industry median market cap of Rs 1,012.97 crore across the 100-company benchmark. The company operates in the Capital Goods sector.
Is Marine Electricals (India) Ltd. expensive on valuation?
Ans. Its P/E of 89.94 and P/B of 11.28 are both above the same-industry medians of 35.15 and 4.42. The supplied numbers indicate a premium valuation versus the benchmark set. The company trades at a P/E ratio of 89.94x.
How do Marine Electricals (India) Ltd. fundamentals compare with peers?
Ans. The company’s ROE of 11.83% and ROCE of 16.63% are below several peers in the same industry. ABB India, Siemens and Siemens Energy India all show stronger profitability ratios in the supplied set.
What does Marine Electricals (India) Ltd. EPS and book value show?
Ans. EPS is Rs 4.58 and book value is Rs 36.47. EPS shows earnings attributable to each share, while book value reflects accounting net worth per share in the supplied data.
