Telangana-based MIC Electronics Ltd, a listed electronics display solution provider, surged over 5% in share price on July 15, 2025, after receiving a major order worth ₹1.28 crore from the Indian Railways’ Palakkad Division. The order covers installation and commissioning of an IPIS system at Kannur station under the Amrit Bharat Station Scheme.
Telangana-based MIC Electronics Limited, a small-cap electronics firm known for LED display systems and information technology solutions, witnessed a sharp 5% rise in its share price during intraday trading on July 15. The surge followed an official announcement that the company has secured a significant work order from the Indian Railways.
According to filings on both the National Stock Exchange and Bombay Stock Exchange, MIC Electronics has received a Letter of Acceptance from the Signal and Telecommunication Branch, Palakkad Division, Southern Railways. The order pertains to the supply, installation, testing, and commissioning of the Integrated Passenger Information System (IPIS) at Kannur Station in Kerala.
The project is part of the government’s Amrit Bharat Station Scheme, aimed at improving passenger amenities, platform infrastructure, circulating areas, and shelters at major railway stations. The total value of the work order is ₹1.28 crore, and MIC Electronics is required to complete the work within 6 months, along with a Comprehensive Annual Maintenance Contract (CAMC) for 6 years.
The MIC Electronics stock opened at ₹50.59 on the BSE, slightly above its previous close of ₹50.58. It quickly climbed to an intraday high of ₹53.35, representing a gain of over 5%, before stabilizing. The stock remains a key performer in the small-cap category under ₹100.
Founded in 1988 and headquartered in Hyderabad, MIC Electronics is known for its display technology solutions used in transportation, advertising, and public information systems. The new order reinforces its relevance in India’s digital railway transformation efforts.
