New Delhi, Sept. 10 -- MIC Electronics has maintained a strong uptrend in recent sessions, reaching levels not seen in the recent past. Investor sentiment towards the stock improved sharply after the GST rate cut on electronics, which is expected to boost sales and profits.

Over the past month, the shares have surged from Rs.45.65 to the current level of Rs.74.61, delivering a massive gain of 64%, with the majority of these gains coming in September so far.

The company designs, develops, and manufactures Light-Emitting Diode (LED) street lights and video displays. Its main products include video displays (both indoor and outdoor) and mobile and LED lighting systems. These displays are predominantly used in Indian Railways, sports stadiu...