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MIC Electronics Share Price

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NSEBSE

42.25-0.50 (-1.17%)

12:00 AM,12th Apr 2024

42.20-0.64 (-1.49%)

12:00 AM,12th Apr 2024

BSE : 532850

NSE : MICEL

Sector : Engineering

ISIN Code : INE287C01037

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Last Updated: Apr 12 2024 | 12:00 AM IST

Market Cap (₹ Cr)

935

Turnover (₹ Cr)

0.08

Volume (Shares)

190209

Face Value

2

52-WK High

53.65

52-WK High Date

20 Feb 2024

52-WK Low

11.75

52-WK Low Date

18 Apr 2023

All Time High

217.00

All Time High Date

03 Jan 2008

All Time Low

0.35

All Time Low Date

11 Oct 2019

MIC Electronics Ltd

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 high-end 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 Multi-colour & Multi-lingual LED Displays for On-line Train Information display to South Central Railways. During the year 1993 the company achieved Recognition from Ministry of Science & Technology for in house R&D unit. In the same year stated to supply Multi-colour 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 multi-colour LED Display System was made to Jeddah Soudi Arabia. After three years in 1997 the company made export activity of Multi-colour 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. MIC's Quality Management System had been in compliance with ISO-9001:2000 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 True-color 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 on-shore 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 line-3 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 SIMRAN-based railway passenger information display system across 30 Indian stations; Installed 120-sq. m screens at the Parramatta Club Australia.M/s. Maave Electronics Pvt Ltd (100% subsidiary) was sold during the financial year 2014-15.

MIC Electronics Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

935

EPS - TTM (₹) [S]

0.36

P/E Ratio (X) [S]

13.41

Face Value (₹) 2
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]3.15
P/B Ratio (₹) [S]13.41
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

41.75

43.65

Week Low/High

41.00

46.00

Month Low/High

36.85

47.00

Year Low/High

11.75

54.00

All time Low/High

0.46

217.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-4.91%-4.84%0.000.03%
1 Month3.78%3.68%0.780.82%
3 Month16.49%16.23%2.312.85%
6 Month20.23%20.20%11.8013.77%
1 Year241.55%240.73%22.9426.43%
3 Year6023.19%5935.71%55.0557.36%

Company Info

Company Information

Independent Director : K Gayathri Upadhyayula

Non Executive Director : Lakshmanarao Kakarala

Chairman & Managing Director : Kaushik Yalamanchili

Independent Director : Srinivas Rao Kolli

Independent Director : Venkata Naga Lavanya Kandala

Company Sec. & Compli. Officer : A L Sowjanya

Whole-time Director : Sivanand Swamy Mitikiri

Additional Director : Subhash Lingareddi

Registered Office: Plot No 192/B Phase-II, IDA Cherlapally,Hyderabad,Telangana-500051 Ph:

Email:cs@mic.co.in

URL:http://www.mic.co.in