MIC Electronics Limited saw its shares hit the 5% upper circuit limit after receiving the Competent Authority’s approval for its GPS-based Passenger Information and Public Address System (PAPIS), along with LED destination boards for ICF and LHB coaches.
In the exchange filing, MIC Electronics SHARED, “The Competent Authority had approved the capacity cum capability assessment (CCA) of the company for item ID: 2400064 GPS Location based Public Address & Passenger Information System (PAPIS) and LED Destination Boards in AC and Non -AC ICF & LHB Coaches. Spec: RDSO/CG-18001 (Rev.2), against registration request ID 24384 dated 07/06/2024.”
MIC Electronics shares opened at ₹86.68, reaching a high of ₹86.68 and a low of ₹85.31 today. The stock has a 52-week high of ₹114.79 and a low of ₹33.00, indicating significant volatility over the past year.
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