Bengaluru, May 8 -- The shares of a Small-Cap company specialising in the design, development, and manufacturing of LED video displays, high-end electronic and telecommunication equipment, and lighting solutions, are in focus as they have surged upto 10 percent in the day's trade upon the update on the initiation of the development of IPIS v2.0 for Indian Railways.

With a market capitalization of Rs. 1,351.35 crores in the day's trade, the shares of MIC Electronics Ltd rose upto 9.6 percent, making a high of Rs. 57.60 per share compared to its previous closing price of Rs. 52.54 per share.

What Happened

MIC Electronics Ltd, engaged in the design, development, and manufacturing of LED video displays, high-end electronic and telecommunic...