THIS company shares gain as company receives this approval from Ministry of Railways – Check details here
GH News October 20, 2025 06:06 PM
Shares of small-cap company MIC Electronics Ltd. are trading higher by more than 3% today. The stock surge comes after the company disclosed significant information in its latest exchange filing. As of 13:25 pm the stock was trading at Rs 55.31 up 2.52% or Rs 1.36 on the BSE while on the NSE the stock was trading at Rs 55.29 up 2.37% or Rs 1.28. The company with a market cap of Rs 1333.03 crore said in its exchange filing today that it has received approval from the Research Designs and Standards Organisation (RDSO) of the Railway Ministry for the microprocessor controller of roof-mounted AC package unit for LHB coaches and double-decker coaches of trains The company with a market cap of ₹1333.03 crore said in an exchange filing today that it has received approval from the Research Designs and Standards Organisation (RDSO) of the Ministry of Railways for a microprocessor controller for roof-mounted AC package units for LHB and double-decker train coaches. The company performed well in the September 2025 quarter (Q2 FY26). Sales for the quarter were ₹37.89 crore compared to ₹27.46 crore in the same quarter last year (September 2024). This represents a 38% increase in sales. The companys total income for the quarter ended September 2025 was ₹38.42 crore compared to ₹11.75 crore in June 2025. This also marked a significant increase. The company earned a profit of ₹2.17 crore in this quarter compared to ₹1.67 crore in the previous quarter (June 2025). The companys earnings per share (EPS) was ₹0.09 compared to ₹0.07 in the previous quarter. According to BSE Analytics the companys stock has fallen 2.5 percent in the last one week. In the last one month the stock has fallen by more than 16 percent but in the last three months it has risen by 1 percent. However if we look at the data for the last six months the stock has fallen by 8 percent during this period.
© Copyright @2025 LIDEA. All Rights Reserved.