Shares of MIC Electronics were up nearly 4% at Rs 21 after the company said it has received a Letter of Award (LoA) from the government.
The company in a release said that it has received an LoA from M/s. Energy Efficiency Services Limited (A Joint Venture of PSUs of Ministry of Power, Government of India) and others.
The total value of the orders is Rs 12 crore, the release added.
The stock opened at Rs 20 and touched a high of Rs 21.85. At 12:45pm, over 1.2 million shares were traded on both the stock exchanges.
