Wednesday, April 1, 2009

MIC Electronics soars on booking new orders

MIC Electronics spurted 17.09% to Rs 20.90 at 10:55 IST after the company won rental orders worth Rs 3 crore for display units from various clients.
The announcement was made after market hours yesterday, 31 March 2009
Meanwhile, the BSE Sensex was down 78.19 points, or 0.81%, to 9631.02.
On BSE, 7.86 lakh shares were traded in the counter. The stock hit a high of Rs 21.35 and a low of Rs 18.25 so far during the day.
MIC booked rental orders worth Rs 3 crore for colour video display screens for election campaigns and different other events.
Meanwhile, the company acquired new clients for its colour video display screens during the month of March 2009. Its new clientele includes Reliance Industries, Teleflex Info Services, Chandigarh Hockey Stadium, Shiv Naresh Sports, Varma Display Systems and Dani Multimedia.
MIC Elelctronics manufactures colour LED video display systems, LED lightening products and solutions.

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