MIC Electronics Gains After Securing RDSO Approval for Rail Coach AC Controllers
Sandy Verma October 21, 2025 04:24 AM

New Delhi, October 20 (Read): Shares of MIC Electronics Ltd moved higher after the company announced that it has received approval from the Research Designs and Standards Organization (RDSO)Ministry of Railways, for its microprocessor controller for roof-mounted AC package units used in LHB and double-decker coaches.

The stock was trading at ₹54.97up 1.89% or ₹1.02compared to its previous close of ₹53.95 on the BSE. The counter opened at ₹54.35 and touched an intraday high of ₹56.47 and a low of ₹53.58, with a total of 3,68,561 shares changing hands during the session.

MIC Electronics, a BSE Group ‘B’ stock with a face value of ₹2, currently holds a market capitalization of ₹1,321.47 crore. The scrip’s 52-week high stands at ₹97.05 (recorded on November 1, 2024), while its 52-week low is ₹44.50 (touched on August 8, 2025). Over the past week, the stock has traded between ₹57.60 and ₹53.58.

Promoters hold 58.01% of the company’s equity, while institutions and non-institutional investors hold 0.16% and 41.83%respectively.

MIC Electronics is known globally for its expertise in the design, development, and manufacturing of LED video displayshigh-end electronic and telecommunication equipmentand telecom software development. The RDSO approval marks a significant step in expanding the company’s footprint in the railway technology and equipment segment.

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