During Wednesday’s trading session, shares of a global leader in the design, development & manufacturing of LED video displays, high-end electronic and telecommunication equipment are in focus on the stock exchanges, after the company’s promoter sold 20 lakh shares via a bulk deal.
With a market cap of Rs. 1,312 crores, at 12:13 p.m., the shares of MIC Electronics Limited were trading in the green at Rs. 54.43 on BSE, up by around 1 percent, as against its previous closing price of Rs. 54.01. The stock has delivered negative returns of around 23 percent in one year, and has fallen by over 6 percent in the last one month.
What’s the News
According to the latest bulk deal data available on the NSE, promoter R R K Enterprise Private Limited offloaded 20 lakh equity shares, representing a 0.83 percent stake, in MIC Electronics Limited. The transaction was valued at nearly Rs. 11 crores, executed at an average price of Rs. 54 per share.
The promoter R R K Enterprise Private Limited held a 59.68 percent stake in MIC Electronics Limited, as per the shareholding pattern disclosed to the BSE for March 2025.
Financials & more
MIC Electronics reported a significant growth in its revenue from operations, showing a year-on-year rise of around 96 percent from Rs. 23 crores in Q4 FY24 to Rs. 45 crores in Q4 FY25. In contrast, its net profit decreased during the same period from Rs. 49.6 crores to Rs. 3.6 crores, representing a decline of around 93 percent YoY.
MIC Electronics Limited is engaged in the business of designing, developing and manufacturing Light-Emitting Diode (LED) street lights and video displays. The displays are predominantly used in Indian railways, sports stadiums, transportation hubs, public information displays, etc.
The company is a global leader in the design, development & manufacturing of LED video displays, high-end electronic & telecommunication equipment, and the development of telecom software.
Written by Shivani Singh
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