MIC Electronics Share Price Surge 8.5% After Securing ₹1.49 Crore Railway Display System Order

December 01, 2025: MIC Electronic Limited (NSE: MICEL | BSE: 532850) announced that the company has received a Letter of Acceptance (LoA) from the Vijayawada Railway Division. The shares of the company reacted positively to the same, as they closed with an 8.55% rise. 

Key Details

The company made a regulatory filing as of December 01, 2025, regarding the new LoA. As per the regulatory filing, the LoA is worth ₹1,49,88,884.77 (Rupees One Crore Forty-Nine Lakh Eighty-Eight Thousand Eight Hundred Eighty-Four and Seventy-Seven Paise Only). It is for the provision of an IP-based Integrated Passenger Information System at Vijayawada’s ANV and YLM Railway Stations.

The LoA has been received by the Indian Railways Vijayawada Division, which is a government authority with an execution period of 12 months from the date of execution of

Agreement. Further, the terms and conditions of the LoA will also be finalsied at the time of execution. 

The LoA has been granted for design, supply, installation, testing and commissioning of an IP-based integrated passenger information system at ANV and YLM railway stations. Further, it is a domestic agreement with no related party or promoter group interest involved.

Stock Market Snapshot

Shares of MIC Electronics Limited closed at ₹48.50 as of December 01, 2025. This is an 8.55% or ₹3.82 rise from its previous close of ₹44.68. The intraday range is between ₹45.10 and ₹48.75. The company has had an active trading session. Its total market capitalisation stands at ₹1,168.91 crore. Further, it had a total traded value and volume of ₹15.20 crore and 32.20 lakh shares, respectively.

MIC Electronics Limited is a Hyderabad-based company. It designs, develops and manufactures LED video displays, LED-based lighting, telecom equipment and telecom software. The company supplies LED displays and passenger-information systems, which are widely used by railways, stadiums, transportation hubs and other public venues nationwide. Over time, the company has diversified its operations beyond displays. It has ventured into lighting solutions and electronic manufacturing services. The company is listed on NSE under the ticker MICEL and on BSE under the ticker 532850.

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