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Jun 05, 2012, 10.55 AM IST

MIC Electronics surges 14% ahead of board meeting

MIC Electronics, a manufacturer of LED video, graphics and text displays, gained as much as 14.56% on Tuesday ahead of board meeting for further issue of shares / warrants convertible into equity shares to promoters and non promoters on preferential basis.

Source: Moneycontrol.com
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MIC Electronics , a manufacturer of LED video, graphics and text displays, gained as much as 14.56% on Tuesday ahead of board meeting for further issue of shares / warrants convertible into equity shares to promoters and non promoters on preferential basis.


At 10:42 hours IST, the share was trading at Rs 5.67, up 10.10% after hitting an intraday high of Rs 5.90 and an intraday low of Rs 5.10.
 
Even its trading volumes increased 153% to 2,01,237 shares as compared to its 5-day average of 79,622 shares. Market capitalisation of the company currently stands at Rs 58.12 crore.


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