Railway stock under Rs 50 hit 5% upper circuit on February 18
Kiran DSIJCategories: Multibaggers, Trending
. The stock gave multibagger returns of 250 per cent in 3 years and a whopping 6,000 per cent in 5 years.
Today, the shares of MIC Electronics Ltd hit a 5 per cent Upper Circuit to Rs 44.17 per share from its previous closing of Rs 42.07 per share. The stock’s 52-week high is Rs 82.82 per share while its 52-week low is Rs 33.14 per share. The shares of the company saw a Spurt in Volume by more than 6 times on the BSE.
Since its inception in 1988, MIC Electronics Ltd has established itself as a premier Indian manufacturer with a vast global footprint extending to the USA, UK and Australia. The company specialises in a diverse range of high-tech solutions, including indoor and outdoor LED displays, Solar and commercial lighting, telecom equipment and specialised software for the Railway sector. Beyond electronics, their portfolio encompasses critical medical equipment like oxygen concentrators, as well as EV chargers and battery technologies. This commitment to innovation is backed by ISO 45001:2018 and ISO 14001:2015 certifications, which validate their rigorous standards for environmental management and occupational safety across all product lines.
Result: In Q3FY26, MIC Electronics Ltd saw a dramatic 668 per cent surge in net sales to Rs 90.23 crore compared to the same period last year, resulting in a net profit of Rs 1.88 crore. Looking at the broader nine-month performance for FY26, net sales grew by 180 per cent to reach Rs 139.80 crore, while net profit for the period stood at Rs 5.71 crore, a slight decrease from the Rs 6.26 crore reported in 9MFY25.
MIC Electronics Limited is aggressively expanding its footprint through both strategic partnerships and new infrastructure projects. The company recently signed an MOU with Refit Global Private Limited to explore a potential transaction—ranging from equity investments to asset acquisitions—aimed at building a next-generation circular electronics platform for refurbished goods. Simultaneously, MIC Electronics secured a domestic contract worth approximately Rs 4.45 crore from the Eastern Railway’s Howrah Division to install Coach and Train Indication Boards across multiple stations. This six-month project, won through a competitive tender, underscores the firm’s steady growth in the railway signalling and display sector.
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 250 per cent in 3 years and a whopping 6,000 per cent in 5 years. The promoters of the company hold a 55.52 per cent stake as of December 2025.
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Disclaimer: The article is for informational purposes only and not investment advice.