Railway stock under Rs 50 jumps receives an order of Rs 1,05,31,118 from Central Railway

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Railway stock under Rs 50 jumps receives an order of Rs 1,05,31,118 from Central Railway

The stock gave multibagger returns of 215 per cent in 3 years and a whopping 5,450 per cent in 5 years.

Today, the shares of MIC Electronics Ltd jumped 2.84 per cent to Rs 45.19 per share from its previous closing of Rs 43.94 per share. The stock’s 52-week high is Rs 91 per share while its 52-week low is Rs 41.80 per share.

MIC Electronics Limited has secured a significant domestic work order from the Central Railway Zone, specifically for the Nagpur Division under the Amrit Bharat Scheme. The contract, valued at approximately Rs 1,05,31,118; involves the supply, installation, testing, and commissioning of critical telecom assets and passenger amenities across seven railway stations. This direct order, won through a competitive tender process, underscores the company's active role in modernising India's railway infrastructure. While the specific execution timeline remains to be finalised, the project represents a steady addition to the company's Order Book within the domestic transportation and infrastructure sector.

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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 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.

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 215 per cent in 3 years and a whopping 5,450 per cent in 5 years. The promoters of the company hold a 58.01 per cent stake as of September 2025.

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