Shares of MIC Electronics Ltd a small-cap company with a market cap of Rs 1319.54 crore are trading down by around 2 per cent today. At 12:25 pm the stock was trading at Rs 54.61 down 1.75 per cent or Rs 0.97 on the BSE while on the NSE the stock was trading at Rs 54.65 down 1.35 per cent or Rs 0.75. In its latest exchange filing today the company announced that MIC Electronics wholly-owned subsidiary Dubai-based SOA Electronics Trading LLC has invested ₹53.8 crore in Dubai-based Cellular Galaxy Electronics LLC. Cellular Galaxy Electronics LLC is a company engaged in the buying and selling of electrical and electronic equipment. It deals in antenna trading watches and spare parts photographic products and accessories video game consoles computer electrical accessories computer and data processing equipment computers and their parts spare parts for electrical and electronic equipment mobile phones and accessories (such as chargers headphones etc.). Recently the company informed 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 units for LHB coaches and double-decker coaches of trains. The company performed well in the September 2025 quarter (Q2 FY26). Sales for this 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 saw 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).