Stock Market Today: MIC Electronics stock is a prominent multi-bagger stock and has shown impressive growth in the Indian stock market. It has a market capitalization of ₹1,651 crore is about ₹From 23.25 ₹Over the past year, the stock has risen by $74.60 per share, marking a rise of over 220% in that period. The stock continues to rise, opening with a gap up and reaching an intraday high, so future growth potential is clear. ₹$74.60 per share. This all-time high is a testament to the stock’s upward trend. The small-cap stock is also holding its 5% ceiling, signaling further gains in Wednesday’s trading.
MIC Electronics News
MIC Electronics Ltd reported a major achievement to the Indian Stock Exchange in a recent stock exchange filing. The company received a completion certificate from the Ratlam branch of the Western Railway, a testament to the success of the company’s projects and future growth potential.
“Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MIC Electronics Limited (the “Company”) hereby informs that it has received completion notice/installation certificate from Ratlam Division, Western Railway Zone for (i) Indore: Replacement of train display boards on 5 coal based lines, (ii) Supply of new CGS boards for NMH PF 02 under MEA, train display boards and GPS clocks at 33 stations and (iii) replacement of train display boards at 7 coal based stations, overview display boards at 4 stations and replacement of 67 analogue/GPS clocks,” the small firm said in an exchange filing.
MIC Electronics Stock Price History
In one month, MIC Electronics’ stock price ₹From 51.45 ₹It was trading at $74.60 on the NSE, up 45%. In the last six months, the small cap stock has risen from $33.90 ₹The stock price was priced at $74.60 per share, up about 120%. In a year, multi-bagger stocks have surged more than 220% while in the past three years, small-cap stocks have risen 315%.
Multi-bagger stocks are traded on BSE and NSE. The market capitalisation of main board stocks is ₹1,651 crore. The current trading volume is 52.25 million, with about 30 minutes of trading still remaining on Wednesday. The 52-week low was ₹22.80, 52-week high ₹74.60. This 52-week high is also the all-time high for small-cap stocks.
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