MIC Electronics, a prominent small-cap stock in the Indian market with a market capitalization of ₹1,651 crore, has demonstrated significant growth, climbing from approximately ₹23.25 to ₹74.60 per share over the past year, marking a remarkable 220% rally. The stock opened with a substantial upside gap and reached an intraday high, locking in a 5% upper circuit during Wednesday’s trading session, indicating strong potential for further gains.
In a recent exchange filing, MIC Electronics announced a notable achievement: receiving a completion certificate from the Ratlam Division of Western Railways. This certification underscores the company’s successful projects and its outlook for future growth.
MIC Electronics Share Price History:
- One Month: The stock has surged from ₹51.45 to ₹74.60 on the NSE, marking a 45% increase.
- Six Months: Over the last six months, MIC Electronics has risen from ₹33.90 to ₹74.60 per share, reflecting a substantial 120% rally.
- One Year: With a surge of over 220% in the past year, MIC Electronics has positioned itself as a multibagger stock.
- Three Years: Over a three-year period, the stock has recorded an impressive 315% rally.
MIC Electronics is listed on both the BSE and NSE, with a current trade volume of 52.25 lakh shares. The stock’s 52-week range spans from a low of ₹22.80 to its new lifetime high of ₹74.60.
