MIRC Electronics surges on launching new smart AC series of Onida brand

20 Mar 2019

Mirc Electronics is currently trading at Rs. 22.55, up by 0.40 points or 1.81% from its previous closing of Rs. 22.15 on the BSE.

The scrip opened at Rs. 22.15 and has touched a high and low of Rs. 23.20 and Rs. 22.10 respectively. So far 26914 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 56.00 on 12-Apr-2018 and a 52 week low of Rs. 19.95 on 19-Feb-2019.

Last one week high and low of the scrip stood at Rs. 23.30 and Rs. 21.65 respectively. The current market cap of the company is Rs. 520.80 crore.

The promoters holding in the company stood at 52.91% while Institutions and Non-Institutions held 1.67% and 45.43% respectively.

MIRC Electronics’ brand Onida has launched new smart AC series - ONYX SMART and GENIO. The air conditioners are powered by a smart voice Integrated AI technology, air conditioners with Inverter features and powerful cooling bundled with other innovative features, keep in mind the summer season, these products will cater to all the segments in the market.

These new air conditioners will have ethereal texture and stylish finish and boast of market leading innovations of 4D cooling, 100% copper condenser, Blue fin powerful coating, eco-friendly R-32 refrigerant gas, and smart digital displays. These ACs are designed keeping in mind the mandatory norms meeting the latest ISEER Ratings.

MIRC Electronics is engaged in the manufacture and marketing of electronics goods primarily under the brand Onida and IGO.

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MIRC Electronics Share Price

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Puchho Befikar
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