India's MIC Electronics set to snap 9-day losing streak on new railways contract

MIC Electronics

15/07/2025 06:47

** Shares of MIC Electronics MELC.NS rise 3.2% to 52.1 rupees, and on track to snap a nine-day losing streak, if gains hold

** The electronic components maker has received an order worth 12.8 million rupees ($149,086.84) from Indian Railways to supply an integrated passenger information system at Kannur station

** Session's gains trim YTD losses to 37%

($1 = 85.8560 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))