Hot Pursuit     26-Jun-24
MIC Electronics hits the roof after receiving letter of completion from Ratlam railway
MIC Electronics was locked in 5% upper circuit to Rs 74.66 after the company announced that it has received letter of completion from Ratlam division of western railway zone for completion of three projects.
The project was included replacement 05 lines of train display boards on a codal basis in Indore. It also provided new CGS boards at NMH PF 02, train display boards, and GPS clocks at 33 stations under MEA. Additionally, the firm were replaced train display boards at 7 stations, at a glance display boards at 4 stations, and replacement Analog/GPS clocks at 67 stations.

MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end electronic and telecommunication equipment and development of telecom software.

The company reported standalone net profit of Rs 49.59 crore in Q4 FY24, steeply higher than Rs 2.43 crore in Q4 FY23. Revenue from operations surged to Rs 22.96 crore in Q4 FY24 as compared with Rs 2.96 crore posted in Q4 FY23.

The scrip hit 52-week high at Rs 74.66 in intraday today.

Previous News
  MIC Electronics schedules board meeting
 ( Corporate News - 05-Feb-22   16:07 )
  Board of MIC Electronics approves change in directorate
 ( Corporate News - 13-Nov-23   12:36 )
  MIC Electronics to hold AGM
 ( Corporate News - 24-Jul-24   13:46 )
  MIC Electronics reports standalone net loss of Rs 1.39 crore in the December 2017 quarter
 ( Results - Announcements 13-Feb-18   08:11 )
  MIC Electronics standalone net profit rises 55.31% in the December 2016 quarter
 ( Results - Announcements 13-Feb-17   15:36 )
  MIC Electronics completes project of Western Railway Zone
 ( Corporate News - 11-Jun-24   09:35 )
  MIC Electronics incorporates WoS in Dubai
 ( Corporate News - 21-May-24   15:51 )
  MIC Electronics wins work-order oof Rs 1.76 cr
 ( Corporate News - 06-Mar-24   16:38 )
  MIC Electronics reports consolidated net loss of Rs 1.05 crore in the March 2022 quarter
 ( Results - Announcements 25-May-22   14:29 )
  MIC Electronics hits the roof after bagging work order from West-Central Railway
 ( Hot Pursuit - 06-Oct-23   12:55 )
  MIC Electronics fixes record date for capital restructuring
 ( Market Beat - Reports 16-Jun-21   19:59 )
Other Stories
  RailTel Corporation bags order worth Rs 134.46-cr
  28-Sep-24   15:03
  Lupin’s Pithampur facility completes USFDA inspection with 3 observations
  28-Sep-24   14:54
  Zydus Life gets final approval from USFDA for cancer drug
  28-Sep-24   14:42
  Alembic Pharma’s Gujarat unit gets EIR from USFDA
  28-Sep-24   13:02
  Bajel Projects wins first data centre order
  28-Sep-24   12:11
  Oriental Rail Infra bags order worth Rs 1.79 cr
  28-Sep-24   10:43
  Avantel bags order worth Rs 44 cr from Larsen & Toubro
  28-Sep-24   10:09
  Kaushalya Logistics spurts on inking LoI with McDonald’s
  27-Sep-24   15:37
  Marsons hits the roof on bagging order worth Rs 675 cr
  27-Sep-24   15:27
  Rites bags order worth Rs 100-cr from Adani Ports & SEZ
  27-Sep-24   15:26
Back Top