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MIC Electronics Ltd (MICEL)

₹49.051.9%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

MIC Electronics Ltd share Performance

  • ₹48.6
    ₹50.85
    ₹49.05
    downward going graph

    0.92%

    Low

    Day's Volatility:4.59%

    High

    3.67%

    downward going graph
  • ₹18.05
    ₹59.8
    ₹49.05
    downward going graph

    63.20%

    Low

    52 Weeks Volatility:85.12%

    High

    21.92%

    downward going graph
1 Month Return+ 1.21 %
3 Month Return+ 4.71 %
1 Year Return+ 176.24 %
Previous Close₹50.00
Open₹49.00
Volume5.64L
Upper Circuit-
Lower Circuit-
Market Cap₹1,107.23Cr

Company Information

MIC Electronics Limited MICEL an ISO 9001: 2000 certified company was born as a brainchild of talented professionals at Vijayawada Andhra Pradesh on 17th May 1988 to manufacture Electronic Display Systems. Now MICEL is a global leader in the design development manufacturing of LED Light Emitting Diode Video Displays highend Electronic and Telecommunication equipment and development of Telecom software. It has marked presence in the highly dynamic domains of LED Video Display indoor / outdoor / mobile Graphics and Text Displays LED Lighting Solutions Embedded System and Telecom software and Communication Electronic Products. Headquartered at Hyderabad the company has nation wide presence and to meet the demand of its products worldwide it has offices in Australia Dubai and USA.As in the year of inception itself MICEL made supply of Multicolour Multilingual LED Displays for Online Train Information display to South Central Railways. During the year 1993 the company achieved Recognition from Ministry of Science Technology for in house RD unit. In the same year stated to supply Multicolour Day Night display to M/s Larsen Toubro Limited for installation at Jawaharlal Nehru Stadium Chennai. MICEL had revolutionized the Telecom software and IT services by venturing into this domain in the year 1994 and also during the same year MIC ventured into exports of its products and services in 1994 the first export of multicolour LED Display System was made to Jeddah Soudi Arabia. After three years in 1997 the company made export activity of Multicolour LED Display system to Alosetar Kedah Malaysia. During the period of 1999 MICEL had given its supply of Automated Fault Repair Service 198 a Computer Telephony solution to Mahanagar Telephone Nigam Ltd Delhi for 11 FRS sites.M/s Satyam Computers Limited became the clientele of the company in the year 2000 MICEL had supplied the first LED Video basic Display for supply of solution to AP State government for the Public Information Display and also in the same year Phoenix Telecommunications was merged into the company. The Company bagged a national award for Best R D in Electronics industry from Department for Scientific Industrial Research DSIR Government of India in the year 2002. MICs Quality Management System had been in compliance with ISO9001:2000 certification standards since the year 2003. In the same year of 2003 the company made a supply of Digital Loop Carrier Systems to M/s Bharat Electronics Limited Bangalore and installed commissioned. During the year 2004 Supply of Truecolor Outdoor LED Video Display system was made to Gujarath Council of Science City Gandhi Nagar. MICEL had started to export of Mobile Video Display to M/s Systec Retails Solutions Pty Ltd Durban South Africa in the year of 2005 and also began onshore software development contracts in the identical year of 2005. During the year 2006 the company had acquired InfoSTEP Inc USA to foray into global IT services. MIC Electronics came out with an Initial Public Offerings to rise as much as Rs.76.5 crore in the April of the year 2007. In February 2008 the BOD of the company approved the acquisition of Power Electronics and an entertainment company engaged in lighting solutions for digital theme parks. In March 2008 MICEL secured an order and license from Delhi Metro Rail Corporation for installation and maintenance of 25 nos. of full color day and night LED Video display boards at 8 metro stations of line3 worth Rs 450 million. The Company forayed into the South American market in August of the year 2008 with the supply of perimeter display system to famous Barcelona Sports Club B.S.C at Guayaquil.The Company developed the first 4mm LED TV for indoor and outdoor applications in 2010. It launched 15 LED lighting products in five categories installed SIMRANbased railway passenger information display system across 30 Indian stations Installed 120sq. m screens at the Parramatta Club Australia.M/s. Maave Electronics Pvt Ltd 100 subsidiary was sold during the financial year 201415..

Share Price: ₹49.05 per share as on 29 May, 2024 04:01 PM
Market Capitalisation: ₹1,107.23Cr as of today
Revenue: ₹10.31Cr as on September 2023 (Q3 23)
Net Profit: ₹8.80Cr as on September 2023 (Q3 23)
Listing date: 30 May, 2007
Chairperson Name: Kaushik Yalamanchili
OrganisationMIC Electronics Ltd
Headquarters
IndustryConsumer Durables
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Key events for MIC Electronics Ltd

  • MIC Electronics Shares Surge on Strong Q4 Results - 22 May, 2024

    MIC Electronics Ltd's Q4 FY24 standalone net sales increased by 675.78% YoY, while quarterly net profit surged by 1940.74%. The company's shares hit the 5% upper circuit for two consecutive days following the announcement.

  • MIC Electronics Reports Strong Q4FY24 Results and Receives Work Order from Eastern Railway Zone - 21 May, 2024

    Semiconductor stock MIC Electronics reports a 42,372% YoY growth in net profits and a 676% YoY growth in revenue for Q4FY24. It also received a work order worth Rs. 1.47 Crores from the Malda Division of Eastern Railway Zone. The company plans to enter the domestic EV ecosystem. Its strong clientele includes L&T Ltd, Indian Railways, Bharat Electronics, Mahindra, Maruti Suzuki, LIC, Reliance Industries, among others.

  • MIC Electronics Receives Order from Eastern Railway - 14 May, 2024

    MIC Electronics has received an order worth Rs 1.47 crore from the Malda Division of the Eastern Railway Zone for replacement of CIB, TIB of PF No: 1, 4&5 and passenger amenities at Bhagalpur Station. The company's stock gained 5% after receiving the order.

Fundamentals of MIC Electronics Ltd

Insights on MIC Electronics Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, MICEL stock has moved up by 4066.7%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, MICEL has outperformed top 5 stocks with highest market-cap in Semiconductors

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 1.24 Cr → 8.55 Cr (in ₹), with an average increase of 85.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 25.37% to 25.41% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 8.48 Cr → 17.09 Cr (in ₹), with an average increase of 50.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, RIR Power Electronics Ltd has given 335.6% return, outperforming this stock by 159.3%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 74.63% to 74.59% in Mar 2024 quarter

MIC Electronics Ltd Valuation

MIC Electronics Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-96.07x)

March 2, 2023

Industry (-258.02x)

May 28, 2024

Today (294.12x)

May 28, 2024

Highest (2370.00x)

June 16, 2023

LowHigh

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
74.59%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
25.41%
0.00
Others
0%
0.00

Technicals of MIC Electronics Ltd share

News & Events of MIC Electronics Ltd

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MIC Electronics Ltd (MICEL) share price today is ₹49.05

MIC Electronics Ltd is listed on NSE

MIC Electronics Ltd is listed on BSE

  • Today’s highest price of MIC Electronics Ltd is ₹50.85.
  • Today’s lowest price of MIC Electronics Ltd is ₹48.6.

PE Ratio of MIC Electronics Ltd is 294.12

PE ratio = MIC Electronics Ltd Market price per share / MIC Electronics Ltd Earnings per share

Today’s traded volume of MIC Electronics Ltd(MICEL) is 5.64L.

Today’s market capitalisation of MIC Electronics Ltd(MICEL) is ₹1107.23Cr.

MIC Electronics Ltd(MICELPrice
52 Week High
₹59.8
52 Week Low
₹18.05

MIC Electronics Ltd(MICEL) share price is ₹49.05. It is down -17.98% from its 52 Week High price of ₹59.8

MIC Electronics Ltd(MICEL) share price is ₹49.05. It is up 171.75% from its 52 Week Low price of ₹18.05

MIC Electronics Ltd(MICELReturns
1 Day Returns
-0.95%
1 Month Returns
1.21%
3 Month Returns
4.71%
1 Year Returns
176.24%