Railway stock under Rs 50 jumps after receiving an order of Rs 4,45,01,602.40 from Indian Railways

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Railway stock under Rs 50 jumps after receiving an order of Rs 4,45,01,602.40 from Indian Railways

The stock gave multibagger returns of 245 per cent in 3 years and a whopping 4,800 per cent in 5 years.

MIC Electronics Limited, a prominent Railway stock priced under Rs 50, witnessed a significant surge following the receipt of a direct domestic order valued at approximately Rs 4,45,01,602.40 from the Howrah Division of the Eastern Railway Zone. The project, secured through a competitive tender process, involves the provision of Coach Indication Boards (CIB) and Train Indication Boards (TIB) across several stations, including PRGR, SKIP, BZLE, and others within the division. As per the regulatory filing, the execution period for this contract is set for 6 months, with specific terms and conditions to be finalised upon the formal signing of the agreement.

Yesterday, the company secured a domestic order valued at Rs 1,45,75,627.69 from the Firozpur Division of the Northern Railway Zone, Indian Railways. This direct contract, awarded through a competitive tender process, entails the provision of Coach Guidance and Public Address (PA) systems at the SVDK and SINA stations within the Jammu Division. The project is slated for completion within a three-month timeframe.

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About the Company

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 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 245 per cent in 3 years and a whopping 4,800 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.