Latest news with #MICElectronicsLimited
India.com
5 days ago
- Business
- India.com
Stock market update: MIC Electronics shares in focus as company wins order from Indian Railway
Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL) are in the news today, after the company announced winning a new order from the Indian Railways. The company has received this order from Pandit Deen Dayal Upadhyay Junction of East Central Railway zone. The order includes facilities like an electronic coach indication board (CIB) on platform number 7, fare display board for the passenger reservation centre (UTS/PRS), and video wall. The total cost of the work is Rs 1.11 crore and the deadline to complete it is 6 months. Apart from this, the company has also received another order of ₹60 lakh to supply emergency lighting units (ELU) for the railways. Following the news of the new order, MIC Electronics shares opened 2.5 per cent higher at Rs 60.47 today and touched an intraday high of Rs 60.90. However, by 12:30 pm, the stock was trading 0.80 per cent lower at Rs 59.50 due to selling pressure in the market. MIC Electronics has given tremendous returns to investors in the last few years. In the last one year, this stock has given a return of 22 per cent, while in two years it increased to 203 per cent. In three years, investors have made a profit of 246 per cent. The most impressive performance has been shown by the company in five years, where it has made an unprecedented jump of about 8400 per cent. With this strong performance, the current market capitalization of MIC Electronics has reached Rs 1,434.98 crores. Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday amid uncertainty on the geopolitical and global trade front. Foreign fund outflows also weighed on investors' sentiments. The 30-share BSE Sensex declined 194.65 points to 81,179.10 in early trade. The NSE Nifty dipped 62.35 points to 24,654.25. From the Sensex firms, Adani Ports, Larsen & Toubro, Bajaj Finance, ICICI Bank, Bharti Airtel and Hindustan Unilever were among the biggest laggards. Eternal, Tata Steel, Mahindra & Mahindra and IndusInd Bank were among the gainers.
Business Upturn
5 days ago
- Business
- Business Upturn
MIC Electronics secures two Indian Railways orders worth Rs 1.71 crore
By Aditya Bhagchandani Published on June 3, 2025, 10:11 IST MIC Electronics Limited announced today that it has secured two significant orders from the Indian Railways, totaling approximately Rs 1.71 crore. In a filing with the stock exchanges, the company revealed it received a Letter of Acceptance (LoA) from the Pandit Deen Dayal Upadhyaya railway division of the East Central Railway zone. The scope of the work includes the provision of Electronic Coach Indication Boards (CIB) for Platform No. 7 at DDU station, fare display boards for UTS/PRS counters, and a video wall. The total value of this order stands at Rs 1,11,50,332.60. Additionally, MIC Electronics received a separate order worth Rs 60 lakh for Emergency Lighting Units (ELU) from Indian Railways. Both orders are domestic and were awarded through a tender process. According to the company, the orders are to be executed within six months from the date of the LoA. It also clarified that there is no related party interest in these transactions. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hans India
29-04-2025
- Business
- Hans India
MIC Electronics Strengthens Commitment to Sustainability and Workplace Safety with ISO 14001:2015 and ISO 45001:2018 Certifications
MIC Electronics Limited, a leading innovator in LED display and lighting solutions, proudly announced today that it has earned the prestigious ISO 14001:2015 Environmental Management System certification and ISO 45001:2018 Occupational Health and Safety Management System certification. These global recognitions mark a significant milestone in MIC's unwavering commitment to sustainable operations and the well-being of its employees. This dual recognition reflects the company's robust environmental stewardship and unwavering focus on the well-being of its employees. The ISO 14001:2015 certification confirms MIC's dedication to sustainable operations by integrating eco-friendly practices and resource efficiency into its daily activities. Meanwhile, the ISO 45001:2018 certification highlights MIC's proactive approach to ensuring safe and healthy working environments across its facilities. Speaking on the achievement, Rakshit Mathur, CEO, MIC Electronics, said, "Sustainability and the safety of our employees have always been at the heart of MIC Electronics. These certifications are a testament to the hard work and commitment of our team as we strive to create a positive impact on the environment, our workforce, and the communities we serve. This milestone motivates us to continue setting industry benchmarks for responsible innovation." The certifications follow an exhaustive auditing process that evaluates MIC's integrated management practices. They solidify the company's vision of building a future-ready organisation rooted in accountability, sustainability, and care for its people. As the company continues to expand its footprint in cutting-edge LED display solutions, smart lighting, and railway electronics, these certifications serve as a pledge that its growth will remain socially responsible and environmentally sustainable.
Mint
29-04-2025
- Business
- Mint
Multibagger stock: Small-cap stock under ₹100 edges higher despite flat trend on D-street
Multibagger stock: Small-cap stock under ₹ 100 edged higher during the morning trades on Tuesday despite flat trend on D-street as the benchmark indices Sensex and the NIfty-50 index traded rangebound. Multibagger, small cap stock MIC Electronics Limited share price was trading higher on Tuesday on the BSe despite the benchmark indices Sensex and Nifty 50 trading range bound today MIC Electronics share price opened at ₹ 57.47 n the BSE on Tuesday. At the time of opening the MIC Electronics share price was more than 1% lower compared to the previous days closing price of ₹ 58.49. The MIC Electronics share price however could rebound to the level of ₹ 59.33 which also meant gains of almost 1.4% by the MIC Electronics share price over the previous days closing price. Notably MIC Electronics share price had rebounded more than 3% from the opening level of MIC Electronics share price The MIC Electronics share price having more than 225% over last 5 years has given Multibagger returns to the investors MIC Electronics recently on Monday 28 April 2025 announced the receipt of approval of ISO certificate MIC Electronics in its intimation to the exchanges said that the company has been awarded ISO 45001:2018 and ISO 14001:2015 certificates from United Registrar of Systems in recognition of the organization's Environmental Management System. The scope of activities covered under this ISO certificate for MIC Electronics are design and development, manufacture, supply, and servicing of LED display systems, GRID off-GRID LED lighting products, oxygen concentrators, emergency lighting systems, energy-efficient LED-based luminaire units for passenger coaches, microprocessor-based controllers for roof-mounted AC, SMPS-based integrated power supply, EV chargers, smart meters, public address and passenger information systems (PAPIS), passenger information systems, GPS location-based public address and passenger information systems, and LED destination boards in AC and NON-AC ICF and LHB coaches
Mint
29-04-2025
- Business
- Mint
Multibagger stock: Small-cap stock under ₹100 edges higher despite flat trend on D-street
Multibagger stock: Small-cap stock under ₹ 100 edged higher during the morning trades on Tuesday despite flat trend on D-street as the benchmark indices Sensex and the NIfty-50 index traded rangebound. Multibagger, small cap stock MIC Electronics Limited share price was trading higher on Tuesday on the BSe despite the benchmark indices Sensex and Nifty 50 trading range bound today MIC Electronics share price opened at ₹ 57.47 n the BSE on Tuesday. At the time of opening the MIC Electronics share price was more than 1% lower compared to the previous days closing price of ₹ 58.49. The MIC Electronics share price however could rebound to the level of ₹ 59.33 which also meant gains of almost 1.4% by the MIC Electronics share price. Notably MIC Electronics share price had rebounded more than 3% from the opening level of MIC Electronics share price The MIC Electronics share price having more than 225% over last 5 years has given Multibagger returns to the investors MIC Electronics recently on Tuesday 28 April 2025 announced the receipt of approval of ISO certificate MIC Electronics in its intimation to the exchanges said that the company has been awarded ISO 45001:2018 and ISO 14001:2015 certificates from United Registrar of Systems in recognition of the organization's Environmental Management System. The scope of activities covered under this ISO certificate for MIC Electronics are design and development, manufacture, supply, and servicing of LED display systems, GRID off-GRID LED lighting products, oxygen concentrators, emergency lighting systems, energy-efficient LED-based luminaire units for passenger coaches, microprocessor-based controllers for roof-mounted AC, SMPS-based integrated power supply, EV chargers, smart meters, public address and passenger information systems (PAPIS), passenger information systems, GPS location-based public address and passenger information systems, and LED destination boards in AC and NON-AC ICF and LHB coaches Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 29 Apr 2025, 12:06 PM IST
