Marsons Shares Hit 52W-High During Saturday's Special Trading Session

Shares of Marsons Limited have been hitting back-to-back upper circuit in the past 17th consecutive session and it hit the upper circuit even today as soon as the trading began. The share jumped by 5 per cent to reach Rs 16.23. This is also a new all-time high level for Marsons Limited.

Shares of Marsons Limited, which has a market cap of Rs 227, have been gaining for the last 17 days and have risen 114.12 per cent returns in the period.

Recently, The company for the quarter ended September 30, 2023 declared its standalone total income at Rs 1.92 crore, up 686.45% from the preceding quarter's total income of Rs .24 crore. It declared its net profit after tax at Rs .45 crore in the latest quarter.

Marsons Limited is a company manufacturing electrical components. Its products include transformers and various types of electricity substation equipment. For the last 60 years, Marsons Limited has manufactured, supplied, established tested, and commissioned power and distribution transformers with remarkable distinction and reputation.

The company offers a variety of products and services. At present, it produces dry-type transformers, different kinds of special application transformers and distribution and power transformers with a voltage range of 10 KVA to 160 MVA 220 kV class furnace transformers. In addition, plans are underway to construct a new plant that will improve our capacity to produce EHV Power Transformers up to 315 MVA 400 kV class.