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MIC Electronics soars on getting letter of acceptance from Sealdah Division - Eastern Railway

21 Nov 2022 Evaluate

MIC Electronics is currently trading at Rs. 11.55, up by 0.45 points or 4.05% from its previous closing of Rs. 11.10 on the BSE.

The scrip opened at Rs. 11.10 and has touched a high and low of Rs. 11.64 and Rs. 11.10 respectively. So far 11200 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 39.75 on 12-Jan-2022 and a 52 week low of Rs. 10.86 on 18-Nov-2022.

Last one week high and low of the scrip stood at Rs. 11.70 and Rs. 10.86 respectively. The current market cap of the company is Rs. 247.13 crore.

The promoters holding in the company stood at 74.63%, while Non-Institutions held 25.37% stake in the company.

MIC Electronics has received letter of acceptance from Sealdah Division - S and T, DRM office, Kolkata, Eastern Railway. The company has been awarded the tender for provision of video wall at SDAH station area including concourse area to display important information along with CAMC for 5 Years. The value of the tender is Rs 87.74 lakh.

MIC Electronics is engaged in manufacturing light emitting diode (LED) lighting solutions, development, production and sale of video and animation displays and text and graphic displays.

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