Multibagger railway stock under Rs 55: Company has entered a preliminary MoU with Neo Sem SG Pte Ltd on July 28, 2025

DSIJ Intelligence-1 / 29 Jul 2025/ Categories: Multibaggers, Penny Stocks, Trending

Multibagger railway stock under Rs 55: Company has entered a preliminary MoU with Neo Sem SG Pte Ltd on July 28, 2025

The stock gave multibagger returns of 320 per cent in 3 years and a whopping 5,700 per cent in 5 years.

MIC Electronics Ltd (MIC) has executed a preliminary Memorandum of Understanding (MOU) on July 28, 2025, for the proposed acquisition of Neo Semi SG Pte LIMITED (NSPL), Singapore. The Board of MIC has granted in-principle approval for this acquisition, aiming to diversify into next-generation technologies. The final decision is contingent upon concluding negotiations, determining per-share valuation, completing due diligence of NSPL, and other terms and conditions. The Managing Director is authorised to manage these processes.

NSPL's strategic portfolio includes collaborations with a Silicon Valley semiconductor chip design company, an IoT-based climate resilience and smart grid solutions provider, and India's largest electronics refurbishment and reverse logistics company. This acquisition aligns with MIC Electronics' long-term strategy to expand into high-tech sectors like semiconductors, green energy, and digital service infrastructure, anticipating significant value creation. The transaction remains subject to customary conditions and regulatory approvals, with the current understanding being non-binding.

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About the Company

MIC Electronics Ltd., founded in 1988, is a leading manufacturer of LED displays (indoor, outdoor, mobile), lighting solutions (indoor, outdoor, solar), telecom equipment, railway and software. They also produce medical equipment like oxygen concentrators and batteries. Headquartered in India, MIC exports its products globally and has a presence in the USA, Australia, the UK and other countries. , MIC Electronics Ltd has been awarded ISO 45001:2018 and ISO 14001:2015 certifications, recognising their robust Environmental Management System across their diverse product portfolio, including LED display systems, lighting products, EV chargers, and railway-related electronic solutions

Result: According to Quarterly Results, the company reported net sales of Rs 11.61 crore and net profit of Rs 1.67 crore in Q1FY26. In its annual results, the net sales increased by 8 per cent to Rs 94.76 crore in FY25 compared to FY24. The company reported a net profit of Rs 9.83 crore in FY25 compared to Rs 61.84 crore in FY24.

MIC Electronics has a market cap of over Rs 1,200 crore and has delivered good profit growth of 19.2 per cent CAGR over the last 5 years. The stock gave multibagger returns of 320 per cent in 3 years and a whopping 5,700 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.