Synopsis :

Marco Cables & Conductors secured a Rs. 13.22 crore order from an undisclosed domestic client to supply aluminium cables of various sizes, to be executed in eight months.

During Friday’s trading session, shares of a company engaged in manufacturing and selling wires, cables, and conductors in India, surged nearly 4 percent, after the company announced securing a purchase order for the supply of aluminium cables.

At 10:18 a.m., the shares of Marco Cables & Conductors Limited were trading in the green at Rs. 40.55 on BSE, up by around 4 percent, as against its previous closing price of Rs. 39, with a market cap of Rs. 76 crores. The stock hit its 52-week high at Rs. 73 on 1st November 2024, and is trading at a discount of around 44 percent from its current price levels.

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