MIC Electronics surged 2.97% to Rs 111 at 11:42 IST on BSE after the company reported 30.80% spurt in net profit to Rs 23.65 crore on 28.90% fall in net sales to Rs 81.41 crore in Q4 June 2008 over Q4 June 2007
The results were announced after trading hours yesterday, 28 July 2008.
The stock hit a high of Rs 115 and a low of Rs 104.25 so far during the day. The stock had a 52-week high of Rs 217.56 on 27 December 2007 and a 52-week low of Rs 66.45 on 6 July 2007.
The company has an equity capital of Rs 20.13 crore. Face value per share is Rs 2.
The current price of Rs 111 discounts its Q4 June 2008 annualised EPS of Rs 9.40, by a PE multiple of 11.80.
MIC Electronics is engaged in designing and manufacturing LED video display systems. The LED products manufactured by the company find various applications, including sport and live events, advertising campaigns and news ticker displays
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