Q2 results effect? Small-cap stock under Rs.50 MIC Electronics rises 3% despite weak market trends. Do you own?
New Delhi, Nov. 9 -- MIC Electronics shares rose as much as 2.71% in Monday's trading session, defying weak sentiment on Dalal Street. The small-cap stock opened in green at Rs.40.96 apiece on BSE today, as compared to the previous close of Rs.40.19 on Sunday's Muhurat Trading and touched an intraday high of Rs.41.64 on 9 November.
MIC Electronics share price hit a 52-week high of Rs.57.60 per share on 8 November (Muhurat Trading day).
The stock rally came in after the company reported its financial results for the quarter ending on 30 September 2026.
Meanwhile, Indian equity benchmark indices Sensex and Nifty opened lower on Monday, weighed down by selling pressure in heavyweight IT stocks and profit-booking following the recent sharp...
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