Mumbai, December 2 (Udaipur Kiran) | Shares of MIC Electronics were trading sharply higher on the BSE after the company received a Letter of Acceptance (LoA) worth Rs. 1.49 crore. The stock was trading at Rs. 47.46, up by 2.82 points or 6.32 per cent from its previous closing of Rs. 44.64.
The scrip opened at Rs. 44.85 and touched an intraday high of Rs. 47.68 and a low of Rs. 44.85. So far, 2,06,815 shares have been traded on the counter.
The BSE Group ‘B’ stock with a face value of Rs. 2 touched its 52-week high of Rs. 95.90 on December 10, 2024, and a 52-week low of Rs. 42.25 on November 26, 2025. The stock’s one-week high and low stand at Rs. 47.68 and Rs. 42.25, respectively. The company’s current market capitalisation is Rs. 1,142.39 crore.
Promoter holding in the company stands at 58.01 per cent, while institutional and non-institutional investors hold 0.16 per cent and 41.83 per cent, respectively.
MIC Electronics has received a Letter of Acceptance worth Rs. 1.49 crore from the Vijayawada Railway Division for the provision of an IP-based Integrated Passenger Information System at ANV and YLM railway stations under the Vijayawada Division. The order is to be executed within a period of 12 months.
MIC Electronics is a global leader in the design, development, and manufacturing of LED video displays, high-end electronic and telecommunication equipment, and telecom software solutions.
Deependra Singh Chundawat is a Senior Sub-Editor at Udaipur Kiran, specializing in a wide range of technology topics including mobile phones, applications, gaming, PCs, and wearables. Along with covering the latest tech news, he also creates engaging web stories. Passionate about emerging technologies, he stays up to date with the newest trends and enjoys reading and writing about the latest mobile launches and digital innovations.