MIC Electronics Limited gets big work order from Railways, shares surge

bull run stock

Please inform that MIC Electronics has received 18 orders from the Railways. Rekha Jhunjhunwala-invested company MIC Electronics has bagged orders worth ₹61 crore from several associate companies of the Indian Railways. After this, the shares of MIC Electronics had hit an upper circuit of 5 per cent on Friday. Shares of MIC Electronics had touched the level of ₹24. This is also a 52-week high for the stock of MIC Electronics, which has given multibagger returns.

MIC Electronics Limited told the stock exchanges, ‘Letter of Acceptance has been received from South Railway Division Passenger Information System. This work order is for 5 years. The order includes signal and telecom work, supply, installation, testing and commissioning of telecom equipment.

Multibagger Stock: This stock is running very fast, experts said – buy it, it can go beyond Rs 740

Bumper return of 2300%

MIC Electronics Limited has consistently given excellent returns to the investors. MIC shares have given 60% return to the investors in just 6 months. On the other hand, in 2 years, MIC Electronics shares have given a return of 1640 per cent to the investors, while in 3 years the company’s shares have given a return of 2300 per cent.