MIC Electronics soars on bagging LoA worth Rs 114.10 crore
MIC Electronics is currently trading at Rs. 37.80, up by 2.40 points or 6.78% from its previous closing of Rs. 35.40 on the BSE.
The scrip opened at Rs. 36.01 and has touched a high and low of Rs. 38.94 and Rs. 35.95 respectively. So far 218919 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 83.97 on 01-Feb-2025 and a 52 week low of Rs. 33.14 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 38.94 and Rs. 33.14 respectively. The current market cap of the company is Rs. 887.65 crore.
The promoters holding in the company stood at 55.52%, while Institutions and Non-Institutions held 0.16% and 44.32% respectively.
MIC Electronics has received a letter of acceptance (LoA) worth Rs 114.10 crore from Nava Raipur Atal Nagar Vikas Pradhikaran, Government of Chhattisgarh. The LoA is for the designing, engineering, supply, construction, testing, commissioning, AMC and operation & maintenance of infrastructure works at common facility centre in sector 22 Nava Raipur Atal Nagar, Raipur. The order is to be executed within 10 months.
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software.
