MIC Electronics soars on securing orders from Indian Railways
MIC Electronics is currently trading at Rs. 41.78, up by 1.27 points or 3.14% from its previous closing of Rs. 40.51 on the BSE.
The scrip opened at Rs. 41.44 and has touched a high and low of Rs. 42.34 and Rs. 41.10 respectively. So far 112544 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 82.82 on 09-Sep-2025 and a 52 week low of Rs. 30.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 42.34 and Rs. 37.09 respectively. The current market cap of the company is Rs. 1011.77 crore.
The promoters holding in the company stood at 51.70%, while Institutions and Non-Institutions held 1.84% and 46.46% respectively.
MIC Electronics has secured two orders from Indian Railways. The company has bagged first Letter of Acceptance (LoA) worth Rs 1.12 crore from the Signal and Telecommunication (S&T) department of the Nagpur Division, Central Railway (CR) Zone of Indian Railways. The LoA is for the supply, installation, testing & commissioning telecom assets/passenger amenities IPIS at Wardha station of Nagpur division, to be executed within 6 months.
Also, the company has secured another LoA worth Rs 1.09 crore from Salem Division, Southern Railway (SR) Zone of Indian Railways. The LoA is for provision of passenger information system in connection with Amrit Bharat Scheme at Tirupattur, Samalpatti, Morappur, Bommidi, Salem stations and CAMC for a period of five years of Salem Division.
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