MIC Electronics Ltd Sees Surge in Trading Activity Amid Mixed Market Performance

May 13 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 increase in stock price. The total traded volume was approximately 18.64 lakh shares, resulting in a turnover of around Rs 10.86 crore, alongside a substantial rise in investor participation.
MIC Electronics Ltd, a small-cap player in the trading industry, has made headlines today as its stock hit the upper circuit limit, reaching a high price of 58.49. This significant movement comes amid a notable change of 5.31, reflecting a percentage increase of 9.98. The stock's performance today has seen a total traded volume of approximately 18.64 lakh shares, contributing to a turnover of around Rs 10.86 crore.

Despite this upward momentum, the stock has underperformed its sector by 0.5%. However, it is noteworthy that MIC Electronics is currently trading above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Additionally, investor participation has surged, with delivery volume on May 12 rising by an impressive 622.47% compared to the 5-day average.

In summary, MIC Electronics Ltd has demonstrated strong trading activity today, highlighted by its upper circuit limit achievement and increased investor engagement, while still navigating a mixed performance relative to broader market trends.
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