MIC Electronics’ Stock Up by Over 3% Today
By Ankur Chandra | Published at: Jul 15, 2025 12:15 PM IST
Hyderabad, July 15, 2025 – MIC Electronics Ltd (BSE: 532850, NSE: MICEL) stock gained 3.34% in morning trade on Tuesday after announcing a significant order win from the Indian Railways’ Palakkad Division.
As per its stock exchange filing, the company has received a Letter of Acceptance worth ₹1.28 crore from the Signal & Telecommunication Branch of the Palakkad Railway Division. The order pertains to the supply, installation, testing, and commissioning of an IPIS (Integrated Passenger Information System) at Kannur railway station under the Amrit Bharat Station Scheme, which includes comprehensive maintenance for six years.
As of 12 p.m. IST on July 15, MIC Electronics was trading at ₹52.76, up by 4.29% .
Order Details
| Particulars | Details |
|---|---|
| Order Value | ₹1,28,34,157.90 |
| Awarding Authority | Palakkad Division, Signal & Telecom Branch, Indian Railways |
| Project Scope | IPIS system installation at Kannur station |
| Scheme | Amrit Bharat Station Scheme |
| Execution Timeline | 6 months from date of LOA |
| Mode of Award | Direct order via tender participation |
| Date & Time of Order | July 14, 2025, 5:46 PM |
| Promoter Group Interest | None |
| Related Party Transaction | No |
Stock Movement Snapshot (As on 10:44 AM IST)
| Metric | Value |
|---|---|
| Last Traded Price | ₹52.20 |
| Change (%) | +3.18% |
| Previous Close | ₹50.59 |
| Day’s High | ₹53.46 |
| Day’s Low | ₹50.99 |
| Volume | 6.35 lakh shares |
| Traded Value | ₹3.31 crore |
| 52-Week Range | ₹49.50 – ₹114.79 |
The stock displayed renewed investor interest with a buy quantity of 1.95 lakh shares against a sell quantity of 4.00 lakh shares, indicating continued trading activity post-announcement.
Outlook
The order win under the Amrit Bharat Scheme has reinforced MIC Electronics’ positioning in the railway electronics space. The stock’s positive movement signals investor confidence, and further execution updates may continue to drive sentiment in the near term.
About MIC Electronics Ltd
Listed on BSE and NSE, MIC Electronics is a Hyderabad-based company engaged in designing and manufacturing LED display systems and railway electronics. The company has been actively diversifying into railway communication and information systems under government schemes like Amrit Bharat, contributing to India’s public infrastructure digitization drive.
REF: https://nsearchives.nseindia.com/corporate/MICEL_15072025092751_Plakkad_LOA_to_SE.pdf
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
