MIC Electronics bags order of Rs2.02 crore; Stock gains 4%
- India Infoline News Service |
- 22 Nov, 2022 |
- 9:18 AM
As per the filing, the Company has been awarded the tender for supply, installation, testing, commissioning and comprehensive annual maintenance contract of telecom material in connection with:
- Indore – replacement of 05 lines train display board on codal basis.
- Provision of new CGS boards at NMH PF 02, Train display boards & GPS clocks at 33 Nos. stations under MEA.
- Replacement of train display board at 7 stations, at a glance display board at 4 station and replacement of Analog/GPS clocks at 67 on codal life basis by the Ratlam Division - S and T, Sr DSTE office, DRM, Ratlam, Madhya Pradesh, Western Railway on November 21, 2022.
Further, the value of the said tender is Rs2,02,00,808.42/- (Rupees Two Crore Two Lakh Eight Hundred and Eight and Forty-Two Paisa only). The letter of acceptance is enclosed, the company said.
At around 9:18 AM, MIC Electronics Ltd is currently trading at Rs11.68 per share up by Rs0.48 or 4.29% from its previous closing of Rs11.20 per share on the BSE.
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At around 9:18 AM, MIC Electronics Ltd is currently trading at Rs11.68 per share up by Rs0.48 or 4.29% from its previous closing of Rs11.20 per share on the BSE.
For feedback and suggestions, write to us at editorial@iifl.com
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