Archive · 15 Sep 2025
MIC Electronics Shares Rise on Indian Railways Order
MIC Electronics, a company that makes electronics, got new orders from the Indian Railways.
This made the company's stock price go up at first.
The orders are worth almost 2 crore rupees and include updating systems at train stations.
However, the stock later dropped a bit, partly because people were selling shares to make a profit.
The stock is still doing well overall, but there might be some ups and downs in the near future.
MIC Electronics shares rose over 5% on Monday after receiving orders from Indian Railways.
The orders are worth Rs 1.76 crore.
The contracts involve updating coach indication and auto-announcement systems.
Shares reached an intraday high of Rs 73.76 before settling lower.
The broader market showed mixed performance due to profit-taking and caution.
- Who
- MIC Electronics
- What
- Secured orders from Indian Railways
- When
- Monday
- Where
- India (Sambalpur, Odisha; Chennai)
- Why
- To increase revenue.
Investors
Market Factors
Stock Performance
Investors
Shares gained due to new orders, showing positive sentiment.
Market Factors
Profit-taking and caution ahead of the US Federal Reserve's meeting impacted stock fluctuations.
- Company
- MIC Electronics Limited (MICEL)
- Order Source
- Indian Railways
- Total Order Value
- Rs 1.76 crore
- Stock Performance (Intraday High)
- Rs 73.76 (+5.7%)
- Market Cap
- Rs 1,686.84 crore
- RSI (14-day)
- 64.45