Stock market update: Shares of This company shares surge over 2% after order win from India Railways, check details here
GH News December 22, 2025 07:06 PM

Shares of small-cap company MIC Electronics Ltd. are trading higher by more than 2 per cent today. Last seen the companys stock was trading at ₹44.93 up 2.28% or ₹1 on the NSE while it was trading at ₹44.90 up 2.18% or ₹0.96 on the BSE. The company has a market cap of ₹1082.14 crore.
The stocks rally today is driven by a significant order the company has received from the Railways. In its latest exchange filing the company stated that it has received a Letter of Award (LOA) from the Central Railway Zone.
This order is for the supply installation testing and commissioning of telecom assets and passenger amenities at seven railway stations in the Nagpur Division under the Amrit Bharat Yojana. The total project cost is ₹10531118.
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 up from ₹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 company operates in the fields of LED video displays LED lighting railway signaling and telecom software and electronics. Its products and services are used in various sectors including sports transportation and advertising both domestically and internationally.
The company is particularly known in India for providing Passenger Information System (PIS) for Indian Railways where it has a strong presence.