MIC Electronics Experiences Significant Intraday Gains Amid High Volatility and Market Trends

May 12 2025 09:31 AM IST
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MIC Electronics experienced notable trading activity on May 12, 2025, with a significant intraday high and consecutive gains over the past two days. The stock has shown high volatility and is currently positioned above its 5-day moving average but below longer-term averages. Over the past year, it has outperformed the Sensex.
MIC Electronics has shown significant activity today, gaining 7.46% on May 12, 2025. The stock opened with a notable gap up of 6.28% and reached an intraday high of Rs 56.74, reflecting a 6.61% increase. Over the past two days, MIC Electronics has demonstrated a consecutive gain, accumulating a total return of 5.84%.

Despite today's positive performance, the stock has exhibited high volatility, with an intraday volatility rate of 55.54%. In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages.

In the broader market context, the trading sector has gained 3.38%, while the BSE Small Cap index has risen by 3.15%. The Sensex has also experienced a sharp rise, climbing 2.35% after opening 1,349.33 points higher.

Over the past year, MIC Electronics has achieved a performance of 23.10%, significantly outpacing the Sensex's 11.97%. However, year-to-date, the stock has seen a decline of 31.86%, contrasting with the Sensex's modest gain of 4.13%.
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