Only Buyers! This Multibagger Under Rs 50 Rallies 29.24% in 3 Days; Hits 10% Upper Circuit Today

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Only Buyers! This Multibagger Under Rs 50 Rallies 29.24% in 3 Days; Hits 10% Upper Circuit Today

The stock gave multibagger returns of 260 per cent in 3 years and a whopping 3,800 per cent in 5 years.

Today, the shares of MIC Electronics Ltd hit a 10 per cent Upper Circuit to Rs 42.83 per share from its previous closing of Rs 38.94 per share. The stock’s 52-week high is Rs 83.97 per share while its 52-week low is Rs 33.14 per share. In last three trading sessions, the stock rallied 29.24 per cent.

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 its robust Environmental Management System across its diverse product portfolio, including LED display systems, lighting products, EV chargers and railway-related electronic solutions.

Result: According to Quarterly Results, the net sales increased by 226 per cent to Rs 37.89 crore and net profit increased by 30 per cent to Rs 2.17 crore in Q2FY26 compared to Q1FY26. In its half-yearly results, the net sales increased by 30 per cent to Rs 49.50 crore in H1FY26 compared to H1FY25. The company reported a net profit of Rs 3.84 crore in H1FY26 compared to Rs 4.10 crore in H1FY25.

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Recent Updates: MIC Electronics Limited continues its strong growth trajectory, recently securing a major domestic contract worth approximately Rs 114.10 crore from the Nava Raipur Atal Nagar Vikas Pradhikaran for infrastructure development at a common facility centre in Chhattisgarh. This comprehensive 10-month project includes everything from design and Construction to long-term maintenance, marking a significant win for the company’s infrastructure portfolio. This announcement follows another successful bid under the Amrit Bharat Scheme, where the company bagged an order from the Central Railway’s Nagpur Division to modernise telecom assets and passenger amenities across seven stations. Together, these high-value wins through competitive tendering highlight MIC Electronics' expanding footprint in India’s urban development and railway modernisation sectors.

MIC Electronics has a market cap of over Rs 1,000 crore and has delivered a good profit growth of 19.2 per cent CAGR over the last 5 years. The stock gave multibagger returns of 260 per cent in 3 years and a whopping 3,800 per cent in 5 years. The promoters of the company hold a 55.52 per cent stake as of December 2025.

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