MIC Electronics surges on bagging tender worth Rs 3.16 crore

MIC Electronics is currently trading at Rs. 12.62, up by 0.46 points or 3.78% from its previous closing of Rs. 12.16 on the BSE.

MIC Electronics
MIC Electronics

The scrip opened at Rs. 12.76 and has touched a high and low of Rs. 12.76 and Rs. 12.62 respectively. So far 23137 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 19.70 on 08-Apr-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. 12.79 and Rs. 11.70 respectively. The current market cap of the company is Rs. 279.47 crore.

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

MIC Electronics has been awarded the tender for provision of Replacement of overaged Integrated Passenger Information System (IPIS) at MTJ Station of Agra Division. The value of the said tender is Rs 3.16 crore.

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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