MIC Electronics touches roof on securing LoA worth Rs 2.12 crore
MIC Electronics is currently trading at upper limit of Rs. 31.50, up by 1.50 points or 5.00% from its previous closing of Rs. 30.00 on the BSE.
The scrip opened at Rs. 30.55 and has touched a high and low of Rs. 31.50 and Rs. 30.55 respectively. So far 38754 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. 33.23 and Rs. 30.00 respectively. The current market cap of the company is Rs. 759.19 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) from Sambalpur Division, East Coast Railway Zone of Indian Railways, for provision of (1) CIB at PF no.1 & 2 of BGBR, PF-2,3 of NPD, PF-1,2 of JNRD, PF-1, 2 & 3 of AMB, PF- 1, 2,3 of RGL and TIB at BGBR, NPD, JNRD, AMB & RGL of Sambalpur Division.
The total order value is around Rs 2.12 crore and is scheduled to be executed within six months.
