MIC Electronics Limited has informed the Exchange about General UpdatesPlease find the attached letter of acceptance received from the DDU Division of the East Central Railway Zone.
MICEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.8 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
MIC Electronics has received a Letter of Acceptance from the DDU Division of the East Central Railway Zone worth Rs. 1.11 crore for Electronic Coach Indication Boards, fare display boards for UTS/PRS counters, and a video wall. Separately, the company has also bagged an additional order worth Rs. 60 lakh from Indian Railways for Emergency Lighting Units (ELU). The combined value of both orders is approximately Rs. 1.71 crore. Both orders are domestic, to be executed within 6 months from the date of the Letter of Acceptance, and are not related party transactions.
These are small-ticket orders relative to a listed entity and are part of the company's regular railway order book. The combined Rs. 1.71 crore inflow provides modest revenue visibility over the next 6 months but is unlikely to materially move the stock price.