Small-cap stock under ₹50: MIC Electronics shares rose as much as 2.71% in Monday's trading session, defying weak sentiment on Dalal Street. The small-cap stock opened in green at ₹40.96 apiece on BSE today, as compared to the previous close of ₹40.19 on Sunday's Muhurat Trading and touched an intraday high of ₹41.64 on 9 November.
MIC Electronics share price hit a 52-week high of ₹57.60 per share on 8 November (Muhurat Trading day).
The stock rally came in after the company reported its financial results for the quarter ending on 30 September 2026.
Meanwhile, Indian equity benchmark indices Sensex and Nifty opened lower on Monday, weighed down by selling pressure in heavyweight IT stocks and profit-booking following the recent sharp rally in the domestic stock market. The 30-share BSE Sensex fell 93.95 points to 80,919.19 in early trade, while the 50-share NSE Nifty declined 30 points to 24,968.80.
MIC Electronics reported a strong financial performance for the September quarter of FY27, with its consolidated revenue from operations surging 140.2% year-on-year (YoY) to ₹91.01 crore, compared with ₹37.89 crore in the corresponding quarter last year.