MIC Electronics secures order in West Bengal; Stock gains 5%

12 Dec 2022 , 09:16 AM

MIC Electronics Limited has informed to the exchanges regarding Receipt of Letter of Acceptance from Kharagpur Division – Signaling and Telecommunication, West Bengal (South Eastern Railway).

As per the regulatory filing, the loA been awarded the tender for (i) Supply, Installation, Testing and Commissioning of various passenger amenity items viz. GPS Clock, PA system, Multiple / Single Line Train information display board etc. for different suburban stations (MCA, PKU, ADL, SEL, BVA, ULB, BZN, HAU, BCK, TMZ & HLZ) over Kharagpur Division.

(ii) Comprehensive Annual Maintenance Contract (CAMC) of Multiline (2 line) Single face, Train Indication Board (LED type) At a Glance Display Board (Single & Double Face), Train Indication Board (Single Line Double Face), Train Indication Board (Double Face) Central Data Controller (CDC) & GPS Clock for different sub-urban stations (MCA, PKU, ADL, SEL, BVA, ULB, BZN, HAU, BCK, TMZ & HLZ) in Kharagpur Division of S.E.Rly by the Kharagpur Division – Signaling and Telecommunication, Office of Sr. DSTE/Co/KGP, DRM Building, South Side, Kharagpur – 721301, West Bengal (South Eastern Railway) on December 08, 2022.

The value of the said tender is Rs2,71,54,772.86/- (Rupees Two Crore Seventy-One Lakh Fifty-Four Thousand Seven Hundred Seventy-Two and Eighty-Six Paisa only), the company said.

At around 9:16 AM, MIC Electronics Ltd is currently trading at Rs14.41 per share up by Rs0.68 or 4.95% from its previous closing of Rs13.73 per share on the BSE.

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