Stock up 5500% in 5 years – Smallcap company secures LOA from Indian Railways

Smallcap stock, Order win from Indian Railways: MIC Electronics Limited, a battery manufacturing company, has recently secured an order from Indian Railways. MIC Electronics is a smallcap company, having a market capitalisation of Rs 1,321.71 crore, as per NSE.

In an exchange filing, MIC Electronics said, “Company has received a Letter of Acceptance from the Palakkad Division S and T, Railway Divisional Office, Signal and Telecommunication Branch, Palakkad, for Supply, installation, testing and commissioning of IPIS system at Kannur station in connection with the work “Improvements to Passenger Amenities including improvements to platform, development of Circulating area and Parking & Provision of IRS type Platform shelters of KANNUR Station under Amrit Bharath Station Scheme” with CAMC for 6 years.” The company also stated that the aggregate value of the said work order is Rs 1,28,34,157.90/-

MIC Electronics Share Price

Shares of MIC Electronics closed in red on Friday (July 18). The stock settled at Rs 54.84 apiece, down 0.74 per cent. The stock registered a 52-week-high of Rs 114.79 on September 19, 2024. It recorded 52-week-low of Rs 49.50 on April 7, 2025.

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MIC Electronics Share Price History

According to the BSE analytics (as of July 19), shares of MIC Electronics Ltd gave positive returns of 6.85 per cent and 2.15 per cent in the last 1 week and 2 weeks, respectively. Shares of the smallcap company fell 40.42 per cent in the last 1 year. However, in the past 2 years, 3 years, 5 years and 10 years, shares of the company gained 132.99 per cent, 308.74 per cent, 5542.27 per cent, and 138.47 per cent, respectively.

MIC Electronics Dividend History

MIC Electronics paid dividends of Re 0.40 in 2008 and 2009. In 2007, the company announced dividend of Rs 2.

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MIC Electronics Bonus History

MIC Electronics never issued bonuses for the equity shareholders.

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