New Delhi, October 20 (Udaipur Kiran): Shares of MIC Electronics Ltd moved higher after the company announced that it has received approval from the Research Designs and Standards Organization (RDSO), Ministry of Railways, for its microprocessor controller for roof-mounted AC package units used in LHB and double-decker coaches.
The stock was trading at ₹54.97, up 1.89% or ₹1.02, compared to its previous close of ₹53.95 on the BSE. The counter opened at ₹54.35 and touched an intraday high of ₹56.47 and a low of ₹53.58, with a total of 3,68,561 shares changing hands during the session.
MIC Electronics, a BSE Group ‘B’ stock with a face value of ₹2, currently holds a market capitalization of ₹1,321.47 crore. The scrip’s 52-week high stands at ₹97.05 (recorded on November 1, 2024), while its 52-week low is ₹44.50 (touched on August 8, 2025). Over the past week, the stock has traded between ₹57.60 and ₹53.58.
Promoters hold 58.01% of the company’s equity, while institutions and non-institutional investors hold 0.16% and 41.83%, respectively.
MIC Electronics is known globally for its expertise in the design, development, and manufacturing of LED video displays, high-end electronic and telecommunication equipment, and telecom software development. The RDSO approval marks a significant step in expanding the company’s footprint in the railway technology and equipment segment.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
