Marco Cables & Conductors Limited have recently secured a purchase order of INR 132.2 million (USD 1.4 million approx) from an undisclosed domestic client for supplying aluminium cables of various shapes and sizes. It is anticipated that the deal will be executed within the next eight months.
Following the announcement, the share price of Marco Cables increased by about 4 per cent. The shares of the company were traded at INR 40.55 on the BSE, compared to its previous price of INR 39, with a market cap of INR 760 million (USD 8.5 million approx). As per NSE, the order of aluminium cables worth INR 132.2 million (USD 1.4 million approx) has suddenly increased the share of the company.
Marco Cables & Conductors has achieved financial growth lately. The company has recorded revenue growth of 54 per cent Y-O-Y from INR 720 million (USD 8.1 million approx) in 2024 to INR 1.11 billion (USD 0.01 billion approx) in 2025. Moreover, the organisation has also gained a net profit rising from INR 30 million (USD 0.3 million) to INR 50 million (USD 0.5 million) with an overall rise of 67 per cent. The company possess more than 35 years of experience in manufacturing and selling aluminium wires, cables, and conductors in the field of electrical sector.
Recently, the company has also expanded its aluminium-based product portfolio by including ACSR (Aluminium Conductor Steel Reinforced), AAAC (All Aluminium Alloy Conductor), and ABC (Aerial Bunched Cable) for power distribution and transmission, enhancing its overall focus on aluminium in the electrical sector.
Read More: Constantia Flexibles & Watttron unveil dual-material sealing system
Responses
