This stock snaps two-day losing streak after company shares this approval from Ministry of Railways - Details

Shares of small-cap company MIC Electronics snapped a two-day losing streak on Monday as the company informed exchanges that it has received approval from the Research Designs and Standards Organisation (RDSO) of the Ministry of Railways for a microprocessor controller for roof-mounted AC package units for LHB and double-decker train coaches. "...received a prototype testing result for the request ID: 25111, dated 31.07.2024 for the item ID: 3100369, from the Research Designs and Standards Organisation (RDSO), Ministry of Railways," the filing reads.

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