{"id":120318,"date":"2024-03-06T13:13:09","date_gmt":"2024-03-06T07:43:09","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=120318"},"modified":"2024-03-06T13:41:31","modified_gmt":"2024-03-06T08:11:31","slug":"stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/","title":{"rendered":"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3045019517\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3043120858\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 967.72 crore, the shares of MIC Electronics Ltd were trading at Rs 43.79 per share, decreasing around 2.15 percent as compared to the previous closing of Rs 44.75 apiece.&nbsp;<\/p><p>According to the company filing, MIC Electronics Ltd has received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone for the enhancement of passenger amenities in connection with the Provision of an Integrated Passenger Information System at Mysuru Division. the aggregate value for the work order is Rs 1.76 crore.&nbsp;<\/p><p>Looking into MIC Electronic&#8217;s performance, revenue increased by 268 percent from Rs 2.08 crore in Q2FY23 to Rs 10.31 crore in Q2 FY24. During the same period, net profit increased from a loss of Rs 0.01 crore to a profit of Rs 8.80 crore.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-711652825\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>During the year of FY22-23, sales from LED lighting including Solar LED Street lights, and sales from LED display boards were to the tune of Rs 1.37 crore. The revenue generated from the E-Vehicles was Rs 3.55 crore. The revenue generated from AMC contracts in Indian Railways and other private agencies was Rs 0.58 crore.&nbsp;<\/p><p>The stock has delivered returns of 44.08 percent in the last six months and a multi-bagger return of 250.40 percent. A shareholder&#8217;s investment of Rs. 1 lakh in the company would be worth Rs. 3.50 lakh in a year.&nbsp;<\/p><p>Looking at the key financial measures, the return on equity (ROE) was 0.41 percent during FY22-24, while the return on capital employed (ROCE) was 1.41 percent over the same period. In contrast, the net profit margin (NPM) was 1.13 percent in fiscal year 22-23.&nbsp;<\/p><p>MIC Electronics is a global leader in the design, development, and production of LED video displays, high-end electrical and telecommunications equipment, and telecom software.&nbsp;<\/p><p><strong>Written by:- Abhishek Singh&nbsp;<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-4074674963\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-2310648326\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.&nbsp; With a market capitalization of Rs 967.72 crore, the shares of MIC Electronics Ltd were trading at Rs 43.79 per share, decreasing around 2.15 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-120318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr\" \/>\n<meta property=\"og:description\" content=\"The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-06T07:43:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-06T08:11:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/\",\"name\":\"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg\",\"datePublished\":\"2024-03-06T07:43:09+00:00\",\"dateModified\":\"2024-03-06T08:11:31+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr - Trade Brains Features","description":"The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/","og_locale":"en_US","og_type":"article","og_title":"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr","og_description":"The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-03-06T07:43:09+00:00","article_modified_time":"2024-03-06T08:11:31+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/","url":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/","name":"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg","datePublished":"2024-03-06T07:43:09+00:00","dateModified":"2024-03-06T08:11:31+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of the leading LED Video display manufacturer gained up to 1 percent after the company received a letter of acceptance from the Mysuru Division of the South-Western Railway Zone.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/10\/railway03.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-receiving-a-loa-from-south-western-railway-zone-worth-1-76-cr\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Stock jumps after receiving a LOA from south-western railway zone worth \u20b9 1.76 Cr"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/120318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=120318"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/120318\/revisions"}],"predecessor-version":[{"id":120319,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/120318\/revisions\/120319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/111268"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=120318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=120318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=120318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}