MIC Electronics zooms on bagging LoA worth Rs 1.49 crore
The order is to be executed within 12 months
MIC Electronics is currently trading at Rs. 47.46, up by 2.82 points or 6.32% from its previous closing of Rs. 44.64 on the BSE.
The scrip opened at Rs. 44.85 and has touched a high and low of Rs. 47.68 and Rs. 44.85 respectively. So far 206815 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 95.90 on 10-Dec-2024 and a 52 week low of Rs. 42.25 on 26-Nov-2025.
Last one week high and low of the scrip stood at Rs. 47.68 and Rs. 42.25 respectively. The current market cap of the company is Rs. 1142.39 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 a letter of acceptance (LoA) worth Rs 1.49 crore from the Vijayawada Railway Division for the provision of an IP-based Integrated Passenger Information System at ANV and YLM Railway Stations under the Vijayawada Division. The order is to be executed within 12 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.

