MIC Electronics Share Price Rises as Company Secures ₹1.49 Crore Railway Contract

In the middle of a choppy market, MIC Electronics' share price caught fresh attention after the company released a key business update. The small-cap electronic display manufacturer announced a new railway systems order, and the stock reacted instantly.

For a stock that often trends in conversations around multibagger small-cap stocks, this update added a new layer of interest across the Indian stock market.

Market Performance: MIC Electronics Share Price Today

The day began quietly, but the momentum picked up quickly once the order update hit the exchanges. MIC Electronics' share price jumped close to 7%, touching an intraday high of ₹47.68.

Key price levels captured during the session:

• Day’s High: ₹47.68
• 52-Week High: ₹95.90
• 52-Week Low: ₹42.25

The stock has seen deep swings over the past year:

• 1-year return: −44%
• 6-month return: −18%
• 3-month return: −9%
• 1-month return: −11%

And yet, in the broader view, MIC Electronics Ltd's share price continues to carry its long-term reputation as a 285% multibagger in the last five years.

Main News: MIC Electronics Bags ₹1.49 Crore Indian Railways Order

The core trigger of the rally was a fresh order win.

MIC Electronics announced that it has received a Letter of Acceptance (LoA) from the Vijayawada Railway Division. The project focuses on developing an IP-based Integrated Passenger Information System at two railway stations.

The company confirmed the contract details in its exchange filing:

• Project Value: ₹1,49,88,884.77
• Stations Covered: ANV and YLM under the Vijayawada Division
• Scope of Work:
  • Design
  • Supply
  • Installation
  • Testing
  • Commissioning of the digital passenger information system
• Execution Timeline: 12 months from the date of agreement

The company also clarified that the order was secured through a formal tender process, reinforcing its competitive position in the railway technology segment.

Company Details: Growing Presence in Railway Tech Systems

For MIC Electronics, this contract supports the company’s ongoing focus on strengthening its digital communication solutions within the public transport ecosystem.

The order highlights:

• The company’s expanding work with Indian Railways
• Steady movement toward technologically advanced passenger information systems
• Increased visibility in the small-cap stock space due to consistent order-book additions

This project extends the company’s presence in the Vijayawada region and aligns with the broader push toward smarter, digital-first railway infrastructure.

Summary

MIC Electronics’ latest update sparked a strong intraday move, with the share price climbing nearly 7%. The rally came after the company announced a ₹1.49 crore order for an IP-based Integrated Passenger Information System. The project spans 12 months and covers the complete setup of the system at two railway stations..

Despite recent volatility, the stock continues to hold its place among small-cap stocks under ₹50 that have delivered strong long-term performance, with a 285% return over five years.

This order adds to the company’s footprint in digital railway systems and strengthens sentiment around the stock in the Indian market.