MIC Electronics Share Price Surges 51% in 3 Days as GST Reforms Fuel Rally

Market Performance

The stock market today saw one of its most talked-about smallcap movers—MIC Electronics share price—continuing its dream run. The counter extended its rally for the third straight session, with shares surging as much as 18.55% to ₹77.96 apiece on the BSE in early trade on Monday.

In just three trading sessions, MIC Electronics has skyrocketed 51%, reflecting strong market sentiment after recent GST reforms.

Adding fuel to the momentum, trading activity in the counter has hit extraordinary levels:

• 3 crore shares traded on September 8, against a one-month average of 45 lakh shares
• In the previous session alone, volumes spiked to 6 crore shares

Such action shows investors’ growing interest in this smallcap stock amid policy-driven optimism.

GST Reforms Spark Rally

The sharp uptrend in MIC Electronics share price has been directly linked to the GST Council’s decision to slash tax rates on key electronics.

• GST on air conditioners and televisions cut from 28% to 18%
• Lower prices expected to spur demand across categories
• Companies in the electronics space stand to gain from higher sales and profitability

For MIC Electronics, which operates in LED products, medical appliances, and automobiles, the GST cut is being seen as a game-changer. Market participants believe this reform has unlocked a fresh wave of buying in the stock.

Company Developments

Adding to the upbeat sentiment, MIC Electronics also secured a notable order:

• Contract worth ₹1.73 crore from South Central Railway and Northern Railway
• Scope of work: railway-related projects
• Significance: diversifies order book and strengthens business visibility

This development, coupled with GST relief, has kept the stock buzzing on Dalal Street.

Multiyear Returns: A Multibagger Story

The MIC Electronics share price isn’t new to sharp moves. Its long-term chart tells a story of dramatic wealth creation:

• 69% gain in one month
• 14% rise in three months
• 26% jump in six months
• 10% decline year-to-date (YTD)
• 153% surge in two years
• 11,000% rally in five years

Such numbers have cemented MIC Electronics as one of the most explosive multibagger stories in the smallcap space.

Stock Market Today: Where MIC Electronics Stands?

At 10:55 AM on Monday, the MIC Electronics share price was trading 17.93% higher at ₹77.55 on the BSE.

The combination of policy tailwinds, fresh contracts, and robust volumes has given this smallcap counter a perfect setting for sustained market attention.

Summary

• MIC Electronics share price jumped 18.55% intraday, hitting ₹77.96 on the BSE
• Stock has rallied 51% in three sessions, powered by GST cuts on ACs and TVs
• Company bagged a ₹1.73 crore railway contract recently
• Trading volumes touched 3 crore shares, far above average
• Over 5 years, the stock delivered 11,000% returns, making it a true multibagger

The spotlight on MIC Electronics is a reminder of how policy changes and fresh orders can shift sentiment overnight in the stock market today.