• Source:JND

Stock Under Rs 50: The shares of Consumer Durable firm MIC Electronics soared nearly 10 per cent amid massive buying interest. The stock started the session slightly up at Rs 41 as compared to the last day's closing of Rs 40.56 on NSE. The stock rallied further, mirroring the positive sentiment in the stock market and high volume, to hit a high of Rs 44.61, up nearly 10 per cent from last day's closing.

At the time of writing, the stock was trading at Rs 44.20, up Rs 3.36, or 8.97 per cent. Meanwhile, its 52-week high and low were Rs 82.97 and Rs 29.97, respectively.

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Share Price History

The stock soared over 45 per cent in the last 30 days on NSE. In the last five trading sessions, the shares remained volatile, rising over 5 per cent. So far this year till date, the stock has remained flat. However, in a year, the scrip corrected over 20 per cent, and in the last six months, the stock fell over 15 per cent. In five years, the scrip rose by over 140 per cent.

Q4 Results

For the quarter ended March 25, 2026, the company reported a consolidated net loss of Rs 18.35 crore. Revenue increased 13.3 per cent to Rs 51 crore from Rs 45 crore in the same period last year.

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At the operating level, EBITDA increased 60.6 per cent from Rs 8 crore to Rs 13 crore, reflecting improved efficiency and execution. EBITDA margin expanded 772 basis points to 26.2 per cent from 18.5 per cent a year ago.

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice. 


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