MIC Electronics bags Rs 4.45 cr order from Indian Railways

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MICEL · price

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Price reactionminutes from the announcement price · days from the prior close

+2.5%Reaction day

₹41.70

prior close

₹42.33

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+3.0% vs market

Other Industrial Products peers, median of 25sector-1.1%+3.6% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 3.6 pts more than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.2

10m

+1.4

15m

+0.9

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5-0.5+3.0-1.1+3.6

Next day

+0.5-1.0+1.5-0.6+1.0

+0.7-2.5+3.2-2.1+2.8

-0.1-3.2+3.0-4.2+4.1

+1.0-2.2+3.2-3.7+4.7

+2.9-1.9+4.8-2.2+5.0

-1.8-3.5+1.7-3.9+2.1

15d

-16.3-8.8-7.5-11.9-4.4

-15.2-9.3-5.9-11.7-3.5

-7.7-4.5-3.1-8.1+0.4

+25.5+5.4+20.1-1.7+27.2

UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

MIC Electronics received a Letter of Acceptance from Howrah Division, Eastern Railway Zone of Indian Railways, for supplying Coach and Train Indication Boards at 8 stations (PRGR, SKIP, BZLE, SALE, MGAE, SDI, MRR, RJG). Order value: Rs. 4.45 crore. Execution period: 6 months. Won through competitive tender. No promoter or related party interest in the awarding entity.

Likely market impact

Small-ticket railway order adds to order book; size is modest and impact on stock is likely limited absent info on the revenue base.