MIC Electronics lands Raipur contract, stock hits 10% upper circuit; details insideMIC Electronics lands Raipur contract, stock hits 10% upper circuit; details inside

Introduction

Leading infrastructure and electronics firms received a government order for design, construction, and maintenance works at Nava Raipur common facility centre, valued at Rs 114.10 crore.

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Share price movement of MIC Electronics

On January 28, 2026, MIC Electronics Ltd opened at ₹36.01, up 1.73% from its previous close of ₹35.40. The stock reached a high of ₹38.94 (10.00%) and a low of ₹35.95. By 2:17 PM, it traded at ₹38.94, a 10.00% increase, with a market cap of ₹938.50 crore.

MIC Electronics Secures ₹114 Cr Order

MIC Electronics Limited received a Letter of Acceptance from Nava Raipur Atal Nagar Vikas Pradhikaran for infrastructure works at Sector 22 Nava Raipur, valued at Rs 114.10 crore project overall.

The contract covers design, engineering, supply, construction, testing, commissioning, AMC, and operations and maintenance, to be executed within ten months, awarded by a domestic government entity on January 27, 2026.

Stock performance of MIC Electronics for Period of 1 week, 6 months, and 1 year

MIC Electronics Ltd delivered a 4.21% return over the past week, declined 30.6% in the past 6 months, and fell 50.1% over the past 1 year.

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Shareholding pattern of MIC Electronics

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	55.50%	58.00%	62.10%
FII	0.20%	0%	3.10%
DII	0%	0%	0.00%
Public	44.30%	41.80%	34.80%

About MIC Electronics

MIC Electronics Ltd (NSE: MICEL) is an electronics manufacturer specializing in LED displays, railway signalling systems, telecom equipment, and related products for railways, airports, and infrastructure sectors.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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