Shares of MIC Electronics surged 20 per cent to hit an upper circuit of Rs 78.91 on the BSE on Monday September 8 2025. This surge which has seen the stock rise for the last four days and jump around 50 per cent in this period is a clear indicator of the positive sentiment following the Goods and Services Tax (GST) rejig. The stock started todays trading session at Rs 67.09 against the previous close of Rs 65.76. Share Price History The 52-week high of the stock is Rs 114.74 and the 52-week low is Rs 44.50. The companys market capitalisation stood at Rs 1890.49 crore. According to BSE Analytics the stock has delivered a multibagger return of 10954 per cent in five years and 430 per cent in three years. However it has corrected 4.13 per cent in one year and 9.79 per cent on a year-to-date (YTD) basis. This historical performance provides valuable insights into the potential of MIC Electronics. Benchmark equity indices Sensex and Nifty rallied in early trade on Monday tracking a firm trend in global markets amid hopes of a rate cut by the US Federal Reserve later this month. The recent GST rate cut announcement also added tothe markets optimism during the initial trade. The 30-share BSE Sensex climbed 296.26 points to 81007.02 in early trade. The 50-share NSE Nifty rallied 90.35 points to 24831. 35. From the Sensex firms Tata Steel Tata Motors Mahindra & Mahindra Adani Ports UltraTech Cement and Power Grid were among the gainers. However Asian Paints Trent Bharti Airtel and Titan were among the laggards. In Asian markets South Koreas Kospi Japans Nikkei 225 index Shanghais SSE Composite index and Hong Kongs Hang Seng traded in positive territory. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1304.91 crore on Friday while Domestic Institutional Investors (DIIs) bought stocks worth Rs 1821.23 crore according to exchange data. Story Highlights Shares of MIC Electronics surged 20 per cent to hit an upper circuit of Rs 78.91 on the BSE on Monday September 8 2025. The 52-week high of the stock is Rs 114.74 and the 52-week low is Rs 44.50. The recent GST rate cut announcement also added tothe markets optimism during the initial trade. From the Sensex firms Tata Steel Tata Motors Mahindra & Mahindra Adani Ports UltraTech Cement and Power Grid were among the gainers.