The shares of the global leader in LED Video Displays plummeted by 2 percent in today’s morning session after the company’s promoters offloaded 21,42,322 equity shares via a bulk deal.
With a market capitalization of Rs 1,303.39 crore, the shares of MIC Electronics Ltd were trading at Rs 54.17 per share, increasing around 0.41 percent as compared to the previous closing price of Rs 53.99 apiece.
According to the NSE Deal, Promoter entity R R K Enterprise has offloaded 21.42 lakh shares, which is equivalent to 0.89 percent stake in the company at an average price of Rs 54.07 per share. As of March 2025, R R K Enterprise owns 14,38,33,103 equity shares, which represent 59.68 percent of the company.
Looking forward to the company’s financial performance, revenue increased by 96 percent from Rs 22.96 crore in Q4FY24 to Rs 44.85 crore in Q4FY25. Further, during the same time frame, net profit decreased by 92 percent from Rs 49.59 crore to Rs 3.57 crore.
MIC Electronics Ltd serves an impressive client base across the public and private sectors. Notable clients include Indian Railways, SBI, RBI, L&T, BDL, NPCIL, Coal India, ONGC, LIC, and P&G. This diverse clientele highlights the company’s strong credibility and expertise in delivering critical infrastructure solutions.
MIC Electronics Ltd integrates semiconductor-based components in its LED products, leveraging the inherent semiconductor nature of LEDs. Its advanced video displays, lighting solutions, and control systems utilize integrated circuits, microcontrollers, and other semiconductor devices, ensuring high performance, energy efficiency, and intelligent operation across various applications.
MIC Electronics Limited is engaged in designing, developing, and manufacturing light-emitting diode (LED) video displays and lighting products. The Company operates through three segments: LED Products, Medical Appliances, and Automobiles.
Written by Abhishek Singh
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