India's MIC Electronics rises on MoU with Chipex for semiconductor products
** Shares of MIC Electronics MELC.NS up 3.9% at 57.1 rupees ** The electronic components maker enters into memorandum of understanding with Chipex Technologies to jointly develop custom semiconductor products ** Stock set to rise most in a session since Sept 10 ** YTD, MELC down ~32% (Reporting by Anuran Sadhu in Bengaluru) ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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