MIC Electronics Secures Rs 1.05 Crore Amrit Bharat Order From Central Railway Nagpur Division

MIC Electronics Limited has informed stock exchanges that Central Railway, Nagpur Division, has issued the company a variation order worth Rs 1.05 crore under the Amrit Bharat Scheme. The work covers telecom systems and passenger amenity upgrades at seven stations, and supports MIC Electronics’ focus on passenger information and railway telecom solutions.

On 22 December 2025, MIC Electronics’ shares ended at Rs 44.55 each on the NSE. The price gained 1.41% over the previous close, reflecting a modest positive reaction from investors after the disclosure of the new variation order from Central Railway, Nagpur Division.

The latest order relates to supply, installation, testing, and commissioning of telecom assets and passenger amenities at seven railway stations in the Nagpur Division. These projects fall under the Government of India’s Amrit Bharat Scheme, which aims to modernise railway infrastructure and improve passenger services across the network through phased station and facility upgrades.

The variation order was formally received on 22 December 2025 at 09:39 AM. MIC Electronics stated that the detailed project execution schedule is not yet fixed. Implementation will follow the contract terms that will be finalised and signed with Central Railway, which will set the definitive technical and commercial conditions.

With this Rs 1.05 crore variation order, MIC Electronics’ railway infrastructure order book gets an incremental boost. The company indicated that the contract was awarded by Central Railway, Nagpur Division, through a domestic, direct tender route, adding to its portfolio of ongoing railway telecom and passenger information system projects in India.

MIC Electronics clarified that the awarding authority is a domestic body and there is no interest from any promoter or promoter group entity in the authority. The firm also noted that the transaction is not a related party transaction and is being executed on an arm’s length basis.

MIC Electronics order from Central Railway Nagpur Division and stock performance

MIC Electronics highlighted that final, binding terms and conditions will be documented when the formal agreement is executed with Central Railway. The company sees the contract as further support for its position in passenger information systems and railway telecom, which remain central business segments, especially under various government-led railway upgrade programmes.

Over the past twelve months, MIC Electronics’ share price has shown wide swings. The stock hit a 52-week high of Rs 91.00 on 6 January 2025, before declining sharply. It later touched a 52-week low of Rs 41.66 on 9 December 2025, indicating substantial volatility for investors.

The current market price of Rs 44.55 is around 51% below the 52-week high, highlighting the degree of correction from peak levels. At the same time, the stock has recovered nearly 7% from its recent 52-week low, suggesting some buying interest has emerged at lower price zones.

Metric	Value	Date
Closing price (NSE)	Rs 44.55	22 December 2025
Change vs previous close	+1.41%	22 December 2025
52-week high	Rs 91.00	6 January 2025
52-week low	Rs 41.66	9 December 2025

The variation order under the Amrit Bharat Scheme adds fresh business in MIC Electronics’ core railway segments while the stock trades well below its 52-week peak. Investors now watch how execution of the Central Railway, Nagpur Division contract progresses and how it shapes the company’s order book and market perception.