Multibagger railway penny stock under Rs 70 above 200-DMA, Surges over 20% from day’s low with 5 times volume spurt!
DSIJ Intelligence-1Categories: Multibaggers, Penny Stocks, Trending
The stock gave multibagger returns of 350 per cent in 3 years and a whopping 9,250 per cent in 5 years.
Today, the shares of MIC Electronics Ltd surged 21.9 per cent to Rs 66.69 per share from its intraday low of Rs 54.71 per share and trading above the 200-DMA or 200-daily moving average. The stock’s 52-week high is Rs 114.79 per share while its 52-week low is Rs 44.50 per share. The shares of the company saw a spurt in volume by more than 5 times on the BSE. The stock is up by 50 per cent from its 52-week low of Rs 44.50 per share.
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MIC Electronics Limited has secured three new orders from Indian Railways, collectively valued at Rs 1,73,04,860. The company received a Rs 53,67,040 order from the South-Central Railway for Coach Guidance Boards, 'At a Glance' display boards, and the replacement of announcement systems at 20 stations, which must be completed within 12 months. The other two orders, valued at Rs 43,89,560 and Rs 75,48,260, respectively, are from the Northern Railway for the Amrit Bharat station scheme. These contracts focus on providing passenger amenities and information systems for "Divyangjan" at stations, including TKJ, GHNA, and MDNR.
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
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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 1,600 crore and has delivered good profit growth of 19.2 per cent CAGR over the last 5 years. The stock gave multibagger returns of 350 per cent in 3 years and a whopping 9,250 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.