New Delhi, April 15 -- Shares of MIC Electronics, a small-cap stock with a market capitalisation of Rs.758 crore, ended Wednesday's session 6% higher at Rs.40.71 apiece amid strong buying across the broader market.

The small-cap stock has been gaining traction in recent sessions on the back of multiple order wins. The company, in early this month, received a Letter of Acceptance from the Sambalpur Division of the East Coast Railway Zone of Indian Railways for the provision of advanced coach information boards (CIBs) and train information boards (TIBs) across key railway stations, which is worth Rs.2.12 crore.

The project will be implemented at stations including Bargarh Road (BGBR), Nawapara Road (NPD), Junagarh Road (JNRD), Ambodala (A...