MICEL

Dec 30 (Reuters) - MIC Electronics Ltd MELC.NS:

• MIC ELECTRONICS LTD - COMPLETES INVESTMENT IN SOA ELECTRONICS TRADING LLC

• MIC ELECTRONICS LTD - INVESTMENT VALUED AT 510 MILLION RUPEES

Source text: ID:nBSE4Dq6NP

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** Shares of MIC Electronics MELC.NS rise 4% to 85.9 rupees, set to snap a five-day losing run

** Electronic equipments maker gets nod for GPS-based public address & passenger information systems and LED destination boards for use in railway coaches

** More than 585,000 MELC shares traded, 1.4x the 30-day avg

** Stock rose more than two-fold YTD

(Reporting by Aleef Jahan in Bengaluru)

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Oct 15 (Reuters) - MIC Electronics Ltd MELC.NS:

• MIC ELECTRONICS - APPROVED ACQUISITION OF COS IN SAME LINES OF BUSINESS OF CO

Source text for Eikon: ID:nBSE77b3cB

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Oct 9 (Reuters) - MIC Electronics Ltd MELC.NS:

• MIC ELECTRONICS - GOT LETTER OF ACCEPTANCE WORTH 12.2 MILLION RUPEES

• MIC ELECTRONICS - LOA FOR PROVISION OF CIB AT EASTERN RAILWAY

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Sept 10 (Reuters) - MIC Electronics Ltd MELC.NS:

• GETS ORDER WORTH 13.3 MILLION RUPEES

Source text for Eikon: ID:nBSE2sjjLG

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** Shares of MIC Electronics MELC.NS rise 2.3% to 78.99 rupees

** The electronic and telecommunication equipment maker gets order of 25.5 mln rupees ($303,933.25) for passenger information system at three railway stations

** Stock gains ~131% YTD

($1 = 83.9000 Indian rupees)

(Reporting by Vijay Malkar)

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July 23 (Reuters) - MIC Electronics Ltd MELC.NS:

• RESIGNATION OF KALIDINDI SATYANARAYANA RAJU AS CEO

• NAMES RAKSHIT MATHUR AS CEO

Source text for Eikon: ID:nNSEcbvHVt

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July 9 (Reuters) - MIC Electronics Ltd MELC.NS:

• CEO KALIDINDI SATYANARAYANA RAJU RESIGNS

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July 1 (Reuters) - MIC Electronics Ltd MELC.NS:

• MIC ELECTRONICS - GETS APPROVAL FOR EMERGENCY LIGHTING SYSTEM FOR RAILWAY COACHES

Source text for Eikon: ID:nBSEbLN0cT

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June 26 (Reuters) - MIC Electronics Ltd MELC.NS:

• RECEIVED LETTER OF COMPLETION FROM WESTERN RAILWAY ZONE FOR CERTAIN PROJECTS

Source text for Eikon: ID:nBSE3bhp4L

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** Shares of MIC Electronics MELC.NS rise 1% after getting new work order; stock was trading ~2% lower before the news

** Co says it received letter of acceptance for work order worth 30.5 mln rupees ($365,323.28)

** Stock set to rise for a fifth straight quarter

** Stock has been above its 200-day SMA since May 2023, indicating bullish sentiment

** Stock up ~47% in 2024 so far, after jumping ~2.5x in 2023

($1 = 83.4877 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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March 6 (Reuters) - MIC Electronics Ltd MELC.NS:

• GETS ORDER WORTH 17.7 MILLION RUPEES

Source text for Eikon: ID:nBSE3l8l0L

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** Shares of MIC Electronics MELC.NS up 9.9% to hit upper circuit at 42.60 rupees

** Co says it has developed 42V/3A electric vehicle (EV) battery charger for e-cycles and two-wheelers, commercial operations to begin in March

** Adds, it is also developing high power rating EV battery chargers (models: 72V/6A & 72V/10A) for e-cycles and two-wheelers

** Stock witnessing its most active trading session since Oct. 12, with more than 2.4 mln shares changing hands by 1.40 p.m. IST, 5.2x of 30-day avg

** Stock rose ~148% in 2023 after falling ~40% in 2022

(Reporting by Ashish Chandra in Bengaluru)

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Oct 17 (Reuters) - MIC Electronics Ltd MELC.NS:

• RECEIVED LETTER OF ACCEPTANCE FROM HYDERABAD DIVISION OF SOUTH - CENTRAL RAILWAY ZONE

• GETS WORK-ORDER WORTH 21.2 MILLION RUPEES

Source text for Eikon: ID:nBSE3dfpN1

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** Shares of MIC Electronics MELC.NS rise as much as 5% to 36.9 rupees

** Electric lighting equipment maker receives Letter of Acceptance for work order from Hyderabad Division of South - Central Railway Zone at aggregate value of 33.8 mln rupees ($406,079.17)

** More than 920,000 shares change hands by 10:22 a.m. IST, 2.6x the 30-day moving avg

** Stock has more than doubled YTD

($1 = 83.2350 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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Oct 6 (Reuters) - MIC Electronics Ltd MELC.NS:

• GOT ORDER WORTH 27 MILLION RUPEES

• ORDER FROM KOTA DIVISION OF WEST - CENTRAL RAILWAY ZONE

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Sept 29 (Reuters) - MIC Electronics Ltd MELC.NS:

• MIC ELECTRONICS LTD - RECEIVED LETTER OF ACCEPTANCE WORTH 15.6 MILLION RUPEES

Source text for Eikon: ID:nBSE1vBJhG

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Sept 6 (Reuters) - MIC Electronics Ltd MELC.NS:

• APPROVED ISSUE OF SECURITIES OF CO TO RAISE FUNDS UP TO 900 MILLION RUPEES THROUGH QUALIFIED INSTITUTIONS PLACEMENT

Source text for Eikon: ID:nBSEbKrf47

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Aug 29 (Reuters) - MIC Electronics Ltd MELC.NS:

• TO CONSIDER ISSUE OF SECURITIES TO RAISE FUNDS UP TO 900 MILLION RUPEES THROUGH QUALIFIED INSTITUTIONS PLACEMENT

Source text for Eikon: ID:nBSE55R3Sq

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** Shares of MIC Electronics MELC.NS rise as much as 4.8% to 26.05 rupees

** Stock touches highest level since Jan. 25, 2022; on track for second consecutive session of gains, if trends hold

** Electric lighting equipment maker receives Letter of Acceptance for work order from Indian Railways at aggregate value of 35.6 mln rupees ($435,380.81)

** As of last close, stock up 82.1% YTD

($1 = 81.7675 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

July 24 (Reuters) - MIC Electronics Ltd MELC.NS:

• MIC ELECTRONICS LTD - RECEIVED LETTER OF ACCEPTANCE WORTH 35.6 MILLION RUPEES

Source text for Eikon: ID:nBSE5Lhk61

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July 20 (Reuters) - MIC Electronics Ltd MELC.NS:

• NAMES KALIDINDI SATYANARAYANA RAJU AS CEO

Source text for Eikon: ID:nBSE5zbG3t

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June 26 (Reuters) - MIC Electronics Ltd MELC.NS:

• GETS WORK-ORDER WORTH 51.3 MILLION RUPEES

• GOT LETTER OF ACCEPTANCE FROM JABALPUR RAILWAY DIVISION

Source text for Eikon: ID:nBSE1QNFg9

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June 15 (Reuters) - MIC Electronics Ltd MELC.NS:

• GOT WORK ORDER WORTH 51.4 MILLION RUPEES

Source text for Eikon: ID:nBSE45H9Jr

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June 13 (Reuters) - MIC Electronics Ltd MELC.NS:

• HAS RECEIVED WORK-ORDER OF AGGREGATE VALUE 39.7 MILLION RUPEES

• ORDER FROM NAGPUR RAILWAY DIVISION OF SOUTH EAST CENTRAL RAILWAY ZONE

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June 12 (Reuters) - MIC Electronics Ltd MELC.NS:

• MIC ELECTRONICS LTD - CO HAS RECEIVED LETTER OF ACCEPTANCE FROM NAGPUR RAILWAY DIVISION OF CENTRAL RAILWAY ZONE

• MIC ELECTRONICS LTD - AGGREGATE VALUE OF SAID WORK-ORDER IS 83.7 MILLION RUPEES

Source text for Eikon: ID:nBSE4DnyJF

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June 9 (Reuters) - MIC Electronics Ltd MELC.NS:

• GETS WORK-ORDER OF 10.23 MILLION RUPEES

Source text for Eikon: ID:nNSEb3X31

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** Shares of MIC Electronics Ltd MELC.NS rise as much as 4.8% to 20.9 rupees, their highest since March 24, 2022

** The electric lighting equipment maker on Wednesday said it has received letter of acceptance worth 39.5 mln rupees ($479,030.27)

** Co gets order from Secunderabad Railway Division of the South-Central Railway Zone

** If gains hold, stock on track to advance for sixth consecutive session

** About 367,273 shares change hands, 1.4x the 30-day avg - Refinitiv Data

** Stock up 46.2% YTD, as of last close

($1 = 81.7800 Indian rupees)

(Reporting by Priya Sagar in Bengaluru)

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May 31 (Reuters) - MIC Electronics Ltd MELC.NS:

• GOT LETTER OF ACCEPTANCE WORTH 39.5 MILLION RUPEES

Source text for Eikon: ID:nBSE7JDDnK

Further company coverage: MELC.NS

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May 24 (Reuters) - MIC Electronics Ltd MELC.NS:

• GETS LETTER OF ACCEPTANCE WORTH 49.6 MILLION RUPEES

Source text for Eikon: ID:nBSE2zjKwK

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