Multibagger Up Over 3500 pc in Just 3 years - Do You Own This Microcap Manufacturing Firm?

A total of 89,000 shares changed hands today of MIC Electronics generating a total turnover of Rs 46.76 lakh. The microcap company has a market cap of Rs 1,161.26 crore, as per BSE website.
Multibagger Up Over 3500 pc in Just 3 years - Do You Own This Microcap Manufacturing Firm?

Multibagger Up Over 3500 pc in Just 3 years - Do You Own This Microcap Manufacturing Firm? Image Source: CanvaPro

MIC Electronics Ltd, NSE: MICEL share price zoomed to an intraday high of Rs 53.80 apiece on the National Stock Exchange (NSE), zooming 2.47 per cent from its previous close of Rs 52.50 per share. The counter has been gaining for the last six days and has risen 15.41 per cent returns in the period. It is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages . The scrip outperformed the sector by 0.66 per cent.
A total of 89,000 shares changed hands today of MIC Electronics generating a total turnover of Rs 46.76 lakh. The microcap company has a market cap of Rs 1,161.26 crore, as per BSE website. The shares of the industrial products manufacturer company have a PE of 18.84x. In volume terms, over 4.81 lakh shares of the company were traded on the NSE during the day.
Additionally, the board of the company approved the floor price of the issue, being Rs 48.30 per equity share. The penny stock has delivered a multibagger return of 151.57 per cent in the past 365 days. The counter has rallied 237.54 per cent in the past two years. In the last three years, MIC Electronics Limited shares have skyrocketed a massive 3496.55 per cent, resulting in wealth gain for investors. The scrip multiplied investors wealth by a whopping 5826.14 per cent in the last five years.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
End of Article
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news