New Delhi, May 23 -- Shares of MIC Electronics Ltd, a small-cap FII-favourite stock trading below Rs.100, witnessed renewed investor interest on Friday, May 24, following the company's earnings report for the quarter ended March 2025 (Q4FY25). The stock climbed more than 4 percent from its intraday low of Rs.57.85 to hit a high of Rs.60.42, driven by volume-led optimism despite a sharp year-on-year decline in net profit.
MIC Electronics reported a net profit of Rs.3.57 crore for Q4FY25, marking a significant 92.84 percent drop from Rs.49.59 crore in the corresponding quarter of the previous fiscal year. The steep decline in profits came as a surprise to investors, especially given the company's impressive topline performance. Total incom...
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