MIC Electronics surges on securing LoA variation from Central Railway
MIC Electronics is currently trading at Rs. 44.90, up by 0.96 points or 2.18% from its previous closing of Rs. 43.94 on the BSE.
The scrip opened at Rs. 43.88 and has touched a high and low of Rs. 45.19 and Rs. 43.88 respectively. So far 121834 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 91.00 on 06-Jan-2025 and a 52 week low of Rs. 41.80 on 09-Dec-2025.
Last one week high and low of the scrip stood at Rs. 45.49 and Rs. 43.00 respectively. The current market cap of the company is Rs. 1082.14 crore.
The promoters holding in the company stood at 58.01%, while Institutions and Non-Institutions held 0.16% and 41.83% respectively.
MIC Electronics has received LoA variation from Central Railway Zone, for Supply, Installation, Testing, Commissioning of Telecom assets/Passenger Amenities at 7 stations of Nagpur Division under Amrit Bharat Scheme for an amount of Rs 1.05 crore.
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.
