MIC Electronics is currently trading at Rs. 9.36, up by 0.08 points or 0.86% from its previous closing of Rs. 9.28 on the BSE.
The scrip opened at Rs. 9.40 and has touched a high and low of Rs. 9.45 and Rs. 9.06 respectively. So far 62,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 10.99 on 12-Jan-2015 and a 52 week low of Rs. 2.30 on 26-Feb-2014.
Last one week high and low of the scrip stood at Rs. 9.64 and Rs. 8.56 respectively. The current market cap of the company is Rs. 95.00 crore.
The promoters holding in the company stood at 8.04% while Non-Institutions held 91.96% respectively.
MIC Electronics has received an approval for disinvestment of its stake in MIC Electronics Inc (USA) in order to improve cash flows. The board of directors at their meeting held on February 11, 2015 have approved for the same.
The board has also authorized Managing Director to find a prospective buyer and negotiate, deal, finalize the price at fair market value in the best interest of the company.
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays and Lighting Products. Recognized by the Department of Scientific and Industrial Research for its LED technology, MIC has been at the forefront of LED Applications for more than 25 years and acknowledged as the market share leader for Indian LED products.
Company Name | CMP |
---|---|
Siemens | 5700.20 |
Havells India | 1550.65 |
Apar Inds | 7662.25 |
ABB India | 6303.00 |
CG Power & Indl.Soln | 535.00 |
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