MIC Electronics Ltd Experiences Notable Trading Activity Amid Market Volatility

Apr 02 2025 10:00 AM IST
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MIC Electronics Ltd experienced significant trading activity today, reaching its upper circuit limit with a notable price increase. The stock recorded a high of 55.66 and a total traded volume of 8.7828 lakh shares, reflecting strong market interest despite underperforming its sector and declining investor participation.
MIC Electronics Ltd, a small-cap player in the trading industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 55.66, reflecting a change of 2.54 and a percentage increase of 4.79. The last traded price stood at 55.55, indicating strong market interest.

Throughout the trading session, MIC Electronics recorded a total traded volume of 8.7828 lakh shares, resulting in a turnover of approximately 4.85 crore. The stock's price band was noted at 5%, showcasing its volatility within the trading day. Despite this positive movement, the stock has underperformed its sector by 0.96% and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Investor participation appears to be declining, with delivery volume dropping by 46.36% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades of Rs 0.1 crore, indicating some level of market activity. Overall, MIC Electronics Ltd's performance today highlights its notable price movement amidst varying market conditions.
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