Promoters hold 62.06% stake: Multibagger railway penny stock under Rs 60 zooms 9.8% with heavy volume

DSIJ Intelligence-1 / 18 Aug 2025/ Categories: Multibaggers, Penny Stocks, Trending

Promoters hold 62.06% stake: Multibagger railway penny stock under Rs 60 zooms 9.8% with heavy volume

The stock gave multibagger returns of 190 per cent in 3 years and a whopping 7,000 per cent in 5 years.

Today, the shares of MIC Electronics Ltd zoomed 9.8 per cent to Rs 49.52 per share from its previous closing of Rs 45.11 per share with heavy volume. The stock’s 52-week high is Rs 114.79 per share while its 52-week low is Rs 44.50 per share.

MIC Electronics Limited has received two significant BIS Certificates from the Bureau of Indian Standards in New Delhi. These certifications cover their Visual Display Units and Video Monitors, conforming to IS 13252(PART 1):2010/ IEC 60950-1:2005, and their LED Luminaires for Road and Street Lighting, which comply with IS 10322 (PART 5/SEC 3):2012.

Earlier, MIC Electronics Ltd signed an MOU to acquire Neo Semi SG Pte Limited (NSPL) of Singapore, aiming to expand into high-tech sectors. Concurrently, MIC secured a domestic work order exceeding Rs 1.28 crore from North East Frontier Railway for an IPIS system at Kannur station and a two-year annual maintenance contract worth Rs 13.48 lakh for display boards at Vijayawada Railway Station.

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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 1,100 crore and has delivered good profit growth of 19.2 per cent CAGR over the last 5 years. The stock gave multibagger returns of 190 per cent in 3 years and a whopping 7,000 per cent in 5 years. The promoters of the company hold a 62.06 per cent stake as of June 2025.

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