Cables & conductors penny stock at Rs 50 receives purchase order of Rs 13,22,84,752 from a Reputed Client
DSIJ Intelligence-1 / 10 Oct 2025/ Categories: Penny Stocks, Trending
The stock is up by 22.50 per cent from its 52-week low is Rs 33.10 per share.
Marco Cables & Conductors Ltd has received a significant purchase order from a Reputed Client (a Domestic Entity) for the supply of aluminium cables of various sizes, valued at Rs 13,22,84,752 exclusive of all Taxes. The order, which is for the supply of these critical conductors, is required to be executed within a period of 8 months from the award date. This substantial domestic contract marks a notable achievement for Marco Cables & Conductors Ltd in the cable and conductor market.
About the Company
Marco Cables & Conductors Ltd, established in 1989, is an Indian manufacturer of wires, cables, and conductors. Their product range caters to power distribution needs, with options like LT Aerial Bunched Cables (ideal for challenging terrains), AAAC Conductors (offering high conductivity and strength), LT XLPE Cables (featuring copper or aluminium conductors with XLPE insulation), ACSR Conductors (known for their tensile strength, suitable for long spans), and LT PVC Cables (available in various core configurations and sizes). They operate a manufacturing unit in Nasik, Maharashtra, with a capacity of 18,000 kilometres of cables produced annually. The company has a market capitalisation of over Rs 80 crore.
The stock’s 52-week high is Rs 73 and its 52-week low is Rs 33.10. The stock is up by 22.50 per cent from its 52-week low is Rs 33.10 per share.
Disclaimer: The article is for informational purposes only and not investment advice.