Following the announcement of a new order win from the Indian Railways, shares of MIC Electronics Limited (MICEL) were in focus in intraday trading on Tuesday. Compared to the previous close of Rs 60.01 on the BSE, the stock opened at Rs 61.98, up 3.28%. However, it erased most of its gain due to some selling in a volatile market and settled the day trade in negative territory at Rs 59.15, down 1.38%.

Indian Railways' New Orders

Following the company's announcement that it had secured a new order from the East Central Railway zone at Pandit Deen Dayal Upadhyay Junction, MICEL shares surged. A video wall, a fare display board at the passenger reservation centre (UTS/PRS), and an electronic coach indication board (CIB) on platform number 7 are among the important passenger information systems that will be installed as part of the Rs 1.11 crore project. It is anticipated that the work will be finished six months after the letter of acceptance (LoA) is issued.

A second order for emergency lighting units (ELU) for Indian Railways, valued at Rs 60 lakh, has also been secured by MICEL.

Market Capitalisation and Stock Performance

At the moment, MICEL has a Rs 1,438 crore market valuation. Over the years, the stock has attracted a lot of interest from investors. The counter has produced the following results in 2025, despite a 30.40% correction so far (YTD):

- 22% return over the previous 12 months

- In two years, the stock rose 203%

- In three years, it jumped 246%

- In five years, it skyrocketed 8,400%

Disclaimer: This is just a piece of news about recent developments in the stock. Jagran does not advise investing. Please take an expert's advice before investing.