MIC Electronics is currently trading at Rs. 42.31, up by 0.64 points or 1.54% from its previous closing of Rs. 41.67 on the BSE.
The scrip opened at Rs. 41.45 and has touched a high and low of Rs. 42.88 and Rs. 40.80 respectively. So far 31816 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 82.82 on 09-Sep-2025 and a 52 week low of Rs. 33.14 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 43.70 and Rs. 40.14 respectively. The current market cap of the company is Rs. 1015.86 crore.
The promoters holding in the company stood at 55.52%, while Institutions and Non-Institutions held 0.16% and 44.32% respectively.
MIC Electronics has entered into Memorandum of Understanding (MoU) with M/s Refit Global (Refit). The agreement is to explore a potential strategic transaction, which may include investment (equity/debt/hybrid), acquisition of shares/assets/business, share swap, preferential issue, or other mutually agreed arrangements. The collaboration brings together MIC Electronics’ decades of large-scale manufacturing excellence, global technology delivery capabilities, deep institutional relationships, and financial strength with Refit Global’s advanced refurbishment platforms, certified supply chains, and strong B2C market penetration.
The result is a next-generation circular electronics platform positioned to drive sustainable growth, accelerate digital inclusion, and unlock unprecedented value across the refurbished electronics value chain. The proposed transaction is subject to due diligence, internal approvals and regulatory approvals.
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.
