MIC Electronics touches roof on securing tender for provisions of telecom passenger amenities in Delhi
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MIC Electronics is currently trading at its upper limit of Rs. 11.87, up by 0.56 points or 4.95% from its previous closing of Rs. 11.31 on the BSE.
The scrip opened at Rs. 11.20 and has touched a high and low of Rs. 11.87 and Rs. 11.20 respectively. So far 117893 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 39.75 on 12-Jan-2022 and a 52 week low of Rs. 10.86 on 18-Nov-2022.
Last one week high and low of the scrip stood at Rs. 11.87 and Rs. 11.01 respectively. The current market cap of the company is Rs. 262.86 crore.
The promoters holding in the company stood at 74.63%, while Non-Institutions held 25.37% stake in the company.
MIC Electronics has been awarded the tender for Provisions of Telecom Passenger Amenities at FOB-3 and PF-8 at HNZM Railway Station by the Delhi Division - Signaling and Telecommunication, office of the Divisional Railway Manager, Delhi on December 05, 2022. The value of the said tender is Rs 51.57 lakh.
Earlier, the company had bagged tender for replacement & provision of coach guidance system at vikramgarh alot, suwasra and jhalwar city station of kota division, western central railway by the Kota Division - Signaling and Telecommunication, office of the DRM, WCR, Kota, Rajasthan.
MIC Electronics is engaged in manufacturing light emitting diode (LED) lighting solutions, development, production and sale of video and animation displays and text and graphic displays.
