India's MIC Electronics up on nod for equipment use in rail coaches

MIC Electronics

24/12/2024 05:39

** Shares of MIC Electronics  MELC.NS  rise 4% to 85.9
rupees, set to snap a five-day losing run
    ** Electronic equipments maker gets nod for GPS-based public
address & passenger information systems and LED destination
boards for use in railway coaches
    ** More than 585,000 MELC shares traded, 1.4x the 30-day avg
    ** Stock rose more than two-fold YTD

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))