Marine Electricals (India) (MARINE) Share Price Falls 5.32% to Rs 403.15
- September 24, 2026
- Posted by: Harsh Piplani
- Category: News
Marine Electricals (India) Share Price fell to Rs 403.15 today, down 5.32% from the previous close, while the company’s market capitalisation stood at Rs 5,758.01 crore. The move keeps Marine Electricals (India) in focus in Marine Electricals (India) Share Price Today searches and in Marine Electricals (India) Stock News tracking. The supplied data confirms a same-day decline, but it does not establish a company-specific catalyst for the fall. For readers following Marine Electricals (India) Share Price news through Univest, the key question is how the decline fits with its valuation, sector positioning and peer comparison rather than any unverified trigger.
At Rs 403.15, the stock was below its previous close of Rs 425.80, with the day’s open at Rs 415.00, high at Rs 421.10 and low at Rs 402.30. Turnover stood at Rs 55.98 crore. In this Price Action analysis, the day’s decline is the central event, and the numbers show a clear gap versus the prior close. What matters next is whether investors tracking Marine Electricals (India) Share Price can place this move alongside the stock’s fundamentals, sector multiples and relative standing in Electric Equipment. Univest readers can use the same session data to understand the Marine Electricals (India) Share Price update without drawing conclusions beyond the verified figures.
Marine Electricals (India) (MARINE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 403.15 |
| Previous Close | Rs 425.8 |
| Today's Move | -Rs 22.65 (-5.32%) |
| Open | Rs 415 |
| High | Rs 421.1 |
| Low | Rs 402.3 |
| Turnover | Rs 55.98 crore |
| Market Capitalisation | Rs 5,758.01 crore |
| Market Cap Category | Mid Cap |
Marine Electricals (India) Share Price Today reflects a move from Rs 425.80 at the previous close to Rs 403.15, which is a decline of Rs 22.65 or 5.32%. The stock opened at Rs 415.00, reached an intraday high of Rs 421.10 and touched a low of Rs 402.30. That means the closing price sat close to the day’s low and below the open, which is the key factual takeaway from today’s session.
The move should also be viewed in the context of the company’s market-cap category, which is Mid Cap, and its market capitalisation of Rs 5,758.01 crore. The turnover for the session was Rs 55.98 crore. The supplied data confirms a sharp intraday adjustment within the day’s range, but it does not establish a company-specific reason for why the Marine Electricals (India) Share Price fell today. For readers following Marine Electricals (India) Share Price Live updates, the immediate reference points are the gap to the previous close, the close near the session low and the company size context.
As a result, today’s Marine Electricals (India) Share Price fall is best read as a verified price event that now needs to be judged against earnings quality, valuation and sector benchmarks.
Marine Electricals (India) (MARINE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 5,758.01 crore |
| P/E Ratio | 93.07x |
| P/B Ratio | 11.67x |
| ROE | 11.83% |
| ROCE | 16.63% |
| EPS | Rs 4.58 |
| Book Value Per Share | Rs 36.47 |
| Dividend Yield | 0% |
Marine Electricals (India) Share Price is supported by a set of fundamentals that are worth reading carefully after today’s decline. The company has a market capitalisation of Rs 5,758.01 crore, a P/E ratio of 93.07 and a P/B ratio of 11.67. Those multiples place the stock at a substantial premium to the broader industry benchmark figures discussed later in this article. On operating returns, ROE stands at 11.83% and ROCE at 16.63%.
EPS is Rs 4.58, which shows the earnings attributable to each share, while book value is Rs 36.47 per share, which indicates the accounting net worth behind each share. Dividend yield is 0, so the stock does not currently contribute a dividend yield in the supplied data. For investors tracking Marine Electricals (India) Share Price Today, these figures matter because they frame the valuation and profitability profile behind the day’s move. Univest readers should note that the decline happened alongside a relatively rich valuation, but the data alone does not connect those numbers to any one-day cause.
In Marine Electricals (India) Stock Analysis terms, the combination of a high P/E, elevated P/B and moderate ROE/ROCE creates a valuation-first lens for assessing the stock after a share price fall.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Benchmark Scope | same industry |
| Company P/E Ratio | 93.07x |
| Benchmark Median P/E | 35.39x |
| Benchmark Average P/E | 51.49x |
| Benchmark P/E Range | 4.68x to 646.78x |
| Company P/B Ratio | 11.67x |
| Benchmark Median P/B | 4.43x |
| Benchmark Average P/B | 6.56x |
| Company ROE | 11.83% |
| Benchmark Median ROE | 17.7% |
| Benchmark Average ROE | -17.41% |
| Company ROCE | 16.63% |
| Benchmark Median ROCE | 21.09% |
| Benchmark Average ROCE | 21.83% |
| Company Market Capitalisation | Rs 5,758.01 crore |
| Benchmark Median Market Cap | Rs 1,003.25 crore |
| Benchmark Average Market Cap | Rs 13,357.06 crore |
Marine Electricals (India) operates in the Capital Goods sector and the Electric Equipment industry. The sector benchmark in the supplied dataset covers the same industry and includes 100 companies, which makes the comparison broad enough to set a useful context for Marine Electricals (India) Share Price. The company’s P/E of 93.07 is above the industry median of 35.39 and above the industry average of 51.49. Its P/B of 11.67 is also above the median of 4.43 and the average of 6.56.
On returns, ROE of 11.83% is below the industry median of 17.7%, while ROCE of 16.63% is below the industry median of 21.09%. The benchmark market-cap median in the same industry is Rs 1,003.25 crore and the average is Rs 13,357.06 crore, while Marine Electricals (India) sits at Rs 5,758.01 crore. That places the company above the industry median market cap, though still below the industry average. In sector terms, Marine Electricals (India) Share Price is being viewed against a wide peer set where the company trades on a richer valuation than the benchmark central tendency.
For readers searching Marine Electricals (India) Fundamental Analysis and Marine Electricals (India) Share Price News, the sector context is straightforward: the company is valued above the industry median on both earnings and book-value multiples, while its return ratios sit below the industry median. Univest uses this framework to separate price movement from valuation context.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| ABB India | ABB | 1,51,027.1 | 50.4 | 16.12 | 22.39 | 30.18 |
| CG Power and Industrial Solutions | CGPOWER | 1,41,004.41 | 112.93 | 17.18 | 20.43 | 27.94 |
| Hitachi Energy India | POWERINDIA | 1,38,842.91 | 120.69 | 25.38 | 21.04 | 28.73 |
| Siemens | SIEMENS | 1,37,640.58 | 42.19 | 9.74 | 15.64 | 21.42 |
| SIEMENS ENERGY INDIA | ENRIN | 1,14,457.13 | 76.92 | 21.79 | 29.23 | 40.19 |
Marine Electricals (India) Share Price can also be read against listed peers in Electric Equipment. ABB India trades at a P/E of 50.40, P/B of 16.12, ROE of 22.39% and ROCE of 30.18%, with a market cap of Rs 1,51,027.10 crore. CG Power and Industrial Solutions shows a P/E of 112.93, P/B of 17.18, ROE of 20.43% and ROCE of 27.94%.
Hitachi Energy India is at a P/E of 120.69, P/B of 25.38, ROE of 21.04% and ROCE of 28.73%, while Siemens is at a P/E of 42.19, P/B of 9.74, ROE of 15.64% and ROCE of 21.42%. Compared with these names, Marine Electricals (India) has a higher P/E than Siemens and ABB, but a lower P/E than CG Power and Hitachi Energy India. Its P/B of 11.67 is above Siemens and below ABB, CG Power and Hitachi Energy India. ROE and ROCE are below ABB, CG Power and Hitachi Energy India, and ROCE is also below Siemens. These comparisons help place today’s Marine Electricals (India) Share Price fall within the peer valuation landscape without assigning a cause.
Why Investors Are Watching Marine Electricals (India)
- Marine Electricals (India) Share Price fell 5.32% today to Rs 403.15 from the previous close of Rs 425.80.
- The day’s range was Rs 402.30 to Rs 421.10, with opening price at Rs 415.00.
- Market capitalisation stood at Rs 5,758.01 crore, and the company is classified as Mid Cap.
- P/E is 93.07, P/B is 11.67, ROE is 11.83% and ROCE is 16.63%.
- In the Electric Equipment peer set, the stock’s valuation sits above Siemens and ABB on P/E, but below CG Power and Hitachi Energy India.
About Marine Electricals (India)
Marine Electricals (India) operates in the Capital Goods sector and Electric Equipment industry. The supplied dataset identifies the company in the same industry comparison set used for sector benchmarking and peer analysis. That classification matters for Marine Electricals (India) Share Price because it places the stock in a broad industrial universe where valuation, returns and market capitalisation are commonly compared against other listed electrical equipment names.
For readers following Marine Electricals (India) Stock News or Marine Electricals (India) Company News on Univest, the available company profile in this dataset is to sector and industry classification. Even so, that classification is enough to anchor the stock within the right market framework and connect the share price fall to its industry context rather than to unsupported business assumptions.
Track Marine Electricals (India) Share Price on Univest
Use Marine Electricals (India) (MARINE) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.
Track Marine Electricals (India) Share Price on Univest for live price updates, financial ratios, market capitalisation, shareholding pattern, 52-week levels and market insights. Univest brings together Marine Electricals (India) Share Price Today, Marine Electricals (India) Stock News and sector context in one place for quick review.
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) Share Price fall today?
Ans. The supplied data confirms that Marine Electricals (India) Share Price declined 5.32% to Rs 403.15, but it does not establish a company-specific catalyst. The event is a verified same-day price fall, not an explained business update.
What was the previous close for Marine Electricals (India) Share Price Today?
Ans. Marine Electricals (India) Share Price Today was compared against a previous close of Rs 425.80. The stock opened at Rs 415.00 and closed lower at Rs 403.15, which places today's move firmly in decline.
What is the market capitalisation of Marine Electricals (India)?
Ans. Marine Electricals (India) has a market capitalisation of Rs 5,758.01 crore. The stock is classified as Mid Cap in the supplied data, which gives context to the current valuation and sector comparison.
How does Marine Electricals (India) compare on valuation?
Ans. Marine Electricals (India) Share Price is backed by a P/E of 93.07 and a P/B of 11.67. Both are above the industry median figures in the same industry benchmark, which makes valuation an important lens.
What do ROE and ROCE show for Marine Electricals (India)?
Ans. ROE stands at 11.83% and ROCE at 16.63%. These figures measure return on equity and capital employed, and both sit below the industry median in the supplied Electric Equipment benchmark.
How does Marine Electricals (India) compare with peers?
Ans. Compared with ABB India, CG Power, Hitachi Energy India and Siemens, Marine Electricals (India) has a higher P/E than ABB and Siemens, but a lower P/E than CG Power and Hitachi Energy India. Its return ratios are also below several.
