MIC Electronics Limited Share Price: Shares of MIC Electronics Limited have seen heavy buying in the last few trading sessions. Today on Monday also this stock hit an upper circuit of 5 percent. Shares of the company had reached Rs 67.73 today. This is also its new 52-week high. This stock has gained almost 100 percent in the last six months. During this period, its price has increased from Rs 33 to the current price. This stock has risen 200% in the last one year.
Company has a big order
Let us tell you that recently MIC Electronics Limited received a new order worth Rs 3,04,95,149.54 from Firozpur Division of Northern Railway Zone. The project involves supply of coach guidance display boards for major stations of Firozpur division. Additionally, MIC Electronics received the order for DWK PF-1 CGDB and IPIS system work at Hapa Station, this was completed for Rajkot Division of Western Railway Zone.
This company got the work of charging electric vehicles, share became rocket in 4 days
march quarter results
The company presented strong quarterly results. The company’s revenue for Q4FY24 stood at Rs 22.96 crore, an increase of 674.73 percent year-on-year. The operating profit of the company stood at Rs 6.28 crore, while the PAT of the company stood at Rs 49.59 crore, which is an increase of 1941.62 percent year-on-year.
This share will go to ₹ 37, experts said – buy it, will give profit, the price has increased 100%
company business
MIC Electronics Limited (MIC) is active in manufacturing Light Emitting Diode (LED) lighting solutions. The company is engaged in the development, production and sales of video and animation displays and text and graphic displays. It also offers a variety of indoor and outdoor video walls for rent or lease.
