Days after order win from Indian Railways, this stock under Rs 100 surges 15%

Shares of MIC Electronics Limited (MICEL) surged over 15 per cent on Friday, i.e. on June 6, 2025. The counter started today’s session in the red with a mild cut at Rs 58.24 against the previous close of Rs 58.61 on the BSE. However, the counter rebounded amid the surge in the stock market and touched the intraday high of Rs 67.60, a surge of 15.34 from the previous close. Last seen, the scrip held firmly in green at Rs 66.79 as benchmark indices BSE and NSE trade almost 1 per cent higher after the Reserve Bank of India (RBI) decides to cut repo rate by 50 basis points to 5.50 per cent.