MIC Electronics Share Price Surges 10% After ₹114 Crore Order Win

MIC Electronics made a striking move on Wednesday, with its share price hitting the 10% upper circuit on the BSE, reaching ₹38.94 per share. The sudden jump came after the company announced a significant project win, drawing strong attention from investors in the small-cap segment.

Market Performance Overview

MIC Electronics has seen a mix of volatility and long-term growth over recent months:

• The stock has fallen 13% in the last month.
• Over the past three months, it has declined 30%.
• Year-to-date, the stock has dropped 45%, reflecting short-term pressures.
• Despite this, the company has delivered phenomenal long-term gains of 3,473% over five years, showcasing its potential for patient investors.

This rally shows that despite recent dips, the market reacts sharply to strong order inflows and company milestones.

Key Order Announcement

The price surge was triggered by MIC Electronics securing a major order from Nava Raipur Atal Nagar Vikas Pradhikaran, Raipur. Details of the order include:

• Scope: Designing, engineering, supply, construction, testing, commissioning, AMC, and operation & maintenance of infrastructure at the Common Facility Centre, Sector 22, Nava Raipur Atal Nagar.
• Order Value: ₹114.10 crore
• Execution Period: 10 months
• The project was awarded as a direct order via tender, reflecting MIC Electronics’ capability to handle large-scale infrastructure projects efficiently.

This contract is expected to provide significant visibility for the company’s operations in the coming months.

Company Updates

Alongside this major order, MIC Electronics also announced upcoming corporate activities:

• The Board of Directors is set to meet on Saturday, January 31, 2026, to review and approve Q3 FY26 financial results.
• Investors are closely watching these results amid recent stock volatility, making this week crucial for understanding the company’s short-term trajectory.

MIC Electronics Share Price Snapshot

As of 1:05 PM on Wednesday, the stock remained locked at the upper circuit of ₹38.94 per share on the BSE.

Summary

MIC Electronics’ 10% price jump underscores the market’s positive response to strong order inflows and strategic projects. While the stock has experienced volatility in recent months, its long-term performance remains remarkable, with multi-year gains exceeding 3,400%.

The combination of a ₹114 crore order and the upcoming Q3 FY26 financial results makes this period particularly significant for MIC Electronics, attracting attention from investors and market participants alike.

Source: Livemint