New Delhi, Feb. 13 -- Multibagger LED solutions stock MIC Electronics share price rose 3% in intra-day deals on Friday, February 13 despite weak trands on Dalal Street.

The stock fell over 2% in early deals to its day's low of Rs.40.76 but later pared gains to jump as much as 5.2% from its intra-day low to its day's high of Rs.42.9. From previous close, the small-cap stock advanced 3% to its intra-day high.

It has been in the red, down 36% in the last 1 year, 8% in 6 months and 11% in 3 months. However, it recently recovered, adding 9% in past 1 month.

Meanwhile, it has given multibagger returns in long term, soaring 1150% in last 5 years.

MIC Electronics also informed the stock exchanges today that it has entered into a Memorandum of...