New Delhi, Sept. 23 -- MIC Electronics share price surged over 8% during Tuesday's trading session and has risen over 30% within the last month due to the recent cuts in GST rates announced by the government. This Hyderabad-based company manufactures LED video displays and lighting solutions. Previously taxed at 28%, the company's products will now incur only an 18% GST. Experts believe this change will enhance its competitiveness and profit margins.

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