{"id":263506,"date":"2026-09-23T10:52:57","date_gmt":"2026-09-23T05:22:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=263506"},"modified":"2026-09-23T10:52:57","modified_gmt":"2026-09-23T05:22:57","slug":"why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/","title":{"rendered":"Marine Electricals (India) Ltd. (MARINE) Share Price rises 7.49% today"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/marine\/marine-electricals-india-ltd-share-price-today\">Marine Electricals (India) Ltd. (MARINE)<\/a> share price rose to Rs 442.25 today, up 7.49% from the previous close. Market cap was Rs 5,818.89 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong> 23 September 2026 at 10:49:00 AM IST<\/p>\n<p style=\"margin-top:0!important;\"><strong>Marine Electricals (India) Ltd. Share Price<\/strong> 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.<\/p>\n<p>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.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Marine_Electricals_India_Ltd_Share_Price_Today_Price_Action_Analysis\" title=\"Marine Electricals (India) Ltd. Share Price Today: Price Action Analysis\">Marine Electricals (India) Ltd. Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Marine_Electricals_India_Ltd_MARINE_Fundamental_Analysis\" title=\"Marine Electricals (India) Ltd. (MARINE) Fundamental Analysis\">Marine Electricals (India) Ltd. (MARINE) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Why_Investors_Are_Watching_Marine_Electricals_India_Ltd\" title=\"Why Investors Are Watching Marine Electricals (India) Ltd.\">Why Investors Are Watching Marine Electricals (India) Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#About_Marine_Electricals_India_Ltd\" title=\"About Marine Electricals (India) Ltd.\">About Marine Electricals (India) Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Track_Marine_Electricals_India_Share_Price_on_Univest\" title=\"Track Marine Electricals (India) Share Price on Univest\">Track Marine Electricals (India) Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Why_did_Marine_Electricals_India_Ltd_share_price_rise_today\" title=\"Why did Marine Electricals (India) Ltd. share price rise today?\">Why did Marine Electricals (India) Ltd. share price rise today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#What_is_Marine_Electricals_India_Ltd_Share_Price_today\" title=\"What is Marine Electricals (India) Ltd. Share Price today?\">What is Marine Electricals (India) Ltd. Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#How_much_did_Marine_Electricals_India_Ltd_stock_gain_today\" title=\"How much did Marine Electricals (India) Ltd. stock gain today?\">How much did Marine Electricals (India) Ltd. stock gain today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#What_is_the_market_cap_of_Marine_Electricals_India_Ltd\" title=\"What is the market cap of Marine Electricals (India) Ltd.?\">What is the market cap of Marine Electricals (India) Ltd.?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#Is_Marine_Electricals_India_Ltd_expensive_on_valuation\" title=\"Is Marine Electricals (India) Ltd. expensive on valuation?\">Is Marine Electricals (India) Ltd. expensive on valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#How_do_Marine_Electricals_India_Ltd_fundamentals_compare_with_peers\" title=\"How do Marine Electricals (India) Ltd. fundamentals compare with peers?\">How do Marine Electricals (India) Ltd. fundamentals compare with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-marine-electricals-india-ltd-share-price-price-rise-2026-09-23\/#What_does_Marine_Electricals_India_Ltd_EPS_and_book_value_show\" title=\"What does Marine Electricals (India) Ltd. EPS and book value show?\">What does Marine Electricals (India) Ltd. EPS and book value show?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Marine_Electricals_India_Ltd_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Marine Electricals (India) Ltd. Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 442.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 411.45<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 30.8 (+7.49%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 404<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 442.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 382.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 596.3 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5,818.89 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Mid Cap<\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\n<p>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\u2019s 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Marine_Electricals_India_Ltd_MARINE_Fundamental_Analysis\"><\/span><strong>Marine Electricals (India) Ltd. (MARINE) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5,818.89 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">89.94x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.28x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.83%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">16.63%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 4.58<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 36.47<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0%<\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Capital Goods<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Electric Equipment<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">89.94x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">35.15x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">51.23x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.85x to 647.97x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.28x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">4.42x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">11.83%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">16.63%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">21.09%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 5,818.89 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,012.97 crore<\/td>\n<\/tr>\n<\/table>\n<p>Marine Electricals (India) Ltd. (MARINE) is classified under sector: Capital Goods and industry: Electric Equipment.<\/p>\n<p>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.<\/p>\n<p>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%.<\/p>\n<p>Track stocks leading today through the <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/abb\/abb-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>ABB India Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">ABB<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,54,077.52<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">50.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">16.17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">22.39<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/cgpower\/cg-power-and-industrial-solutions-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>CG Power and Industrial Solutions Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">CGPOWER<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,43,210.07<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">112.8<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.16<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.43<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">27.94<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/powerindia\/hitachi-energy-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Hitachi Energy India Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">POWERINDIA<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,39,823.5<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">121.54<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">25.56<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.04<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.73<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/siemens\/siemens-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Siemens Ltd.<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SIEMENS<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,38,272.69<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">42.02<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.7<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">15.64<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.42<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/enrin\/siemens-energy-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>SIEMENS ENERGY INDIA LTD<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">ENRIN<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,15,329.63<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">77.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">21.96<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">29.23<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">40.19<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Marine_Electricals_India_Ltd\"><\/span><strong>Why Investors Are Watching Marine Electricals (India) Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Marine Electricals (India) Ltd. Share Price rose 7.49% today to Rs 442.25, above the previous close of Rs 411.45.<\/li>\n<li>The stock finished at the day high of Rs 442.25 after opening at Rs 404 and touching a low of Rs 382.55.<\/li>\n<li>Market capitalisation stood at Rs 5,818.89 crore, which is above the same-industry median of Rs 1,012.97 crore.<\/li>\n<li>P\/E is 89.94 and P\/B is 11.28, both above the same-industry medians of 35.15 and 4.42.<\/li>\n<li>ROE is 11.83% and ROCE is 16.63%, both below the same-industry medians of 17.7% and 21.09%.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Marine_Electricals_India_Ltd\"><\/span><strong>About Marine Electricals (India) Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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\u2019s price move to the company\u2019s sector position.<\/p>\n<p>The company\u2019s 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Marine_Electricals_India_Share_Price_on_Univest\"><\/span><strong>Track Marine Electricals (India) Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/marine\/marine-electricals-india-ltd-share-price-today\">Marine Electricals (India) Ltd. (MARINE) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-gainers\">Univest top gainers screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top-gainers lists and related market analysis.<\/p>\n<p>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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Marine_Electricals_India_Ltd_share_price_rise_today\"><\/span><strong>Why did Marine Electricals (India) Ltd. share price rise today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Marine_Electricals_India_Ltd_Share_Price_today\"><\/span><strong>What is Marine Electricals (India) Ltd. Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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\u2019s high. The previous close was Rs 411.45.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Marine_Electricals_India_Ltd_stock_gain_today\"><\/span><strong>How much did Marine Electricals (India) Ltd. stock gain today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Marine_Electricals_India_Ltd\"><\/span><strong>What is the market cap of Marine Electricals (India) Ltd.?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Marine_Electricals_India_Ltd_expensive_on_valuation\"><\/span><strong>Is Marine Electricals (India) Ltd. expensive on valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_Marine_Electricals_India_Ltd_fundamentals_compare_with_peers\"><\/span><strong>How do Marine Electricals (India) Ltd. fundamentals compare with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company\u2019s 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Marine_Electricals_India_Ltd_EPS_and_book_value_show\"><\/span><strong>What does Marine Electricals (India) Ltd. EPS and book value show?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marine Electricals (India) Ltd. Share Price rises to Rs 442.25. marking a 7.49% rise today. Market cap stands at Rs 5,818.89 crore.<\/p>\n","protected":false},"author":29,"featured_media":263505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-263506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["263505"],"rank_math_title":["Marine Electricals (India) Ltd. Share Price rises 7.49%"],"rank_math_description":["Marine Electricals (India) Ltd. Share Price rose 7.49% to Rs 442.25. Read price action, fundamentals, valuation, and sector comparison."],"rank_math_focus_keyword":["Marine Electricals (India) Ltd. Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/marine-electricals-india-ltd-marine-share-price-rises-7-49-today.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=263506"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263506\/revisions"}],"predecessor-version":[{"id":263507,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/263506\/revisions\/263507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/263505"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=263506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=263506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=263506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}