India's MIC Electronics jumps on 1.14-billion-rupee order win

MIC Electronics

28/01/2026 07:05

** Shares of India's MIC Electronics Limited MELC.NS jump 10% to 39 rupees, set for best day since Sept 8, 2025

** The electronic components maker wins order worth 1.14 billion rupees ($12.43 million) to build and operate common facilities centre in Raipur city in the eastern Indian state of Chhattisgarh

** More than 3.32 million shares change by 12.30 pm IST vs 30-day avg of 900,601 shares

** In 2025, MELC lost 48%

($1 = 91.6875 Indian rupees)

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))