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MIC Electronics soars on securing LOAs worth Rs 1.76 crore

15 Sep 2025 Evaluate

MIC Electronics is currently trading at Rs. 70.50, up by 0.76 points or 1.09% from its previous closing of Rs. 69.74 on the BSE.

The scrip opened at Rs. 70.55 and has touched a high and low of Rs. 73.76 and Rs. 68.82 respectively. So far 3180128 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 114.74 on 19-Sep-2024 and a 52 week low of Rs. 44.50 on 08-Aug-2025.

Last one week high and low of the scrip stood at Rs. 82.82 and Rs. 66.55 respectively. The current market cap of the company is Rs. 1687.08 crore.

The promoters holding in the company stood at 62.06%, while Institutions and Non-Institutions held 3.13% and 34.81% respectively.

MIC Electronics has secured Letter of Acceptances (LOAs) aggregating around Rs 1.76 crore. The company has secured a LOA worth around Rs 1.19 crore from Sambalpur Division of Indian Railways, Odisha for shifting of existing Coach Indication Board Systems and Auto Announcement System at Amrit Bharat stations at SBP, BRGA, BLGR, TIG, KSNG, KBJ, SBPY & MSMD stations of Sambalpur Division. The order is to be executed within 6 months.

Further, the company has secured another LOA worth around Rs 56.47 lakh from Integral Coach Factory of Indian Railways, Chennai for LED Emergency Light. The order is to be executed within 9 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.

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