MIC Electronics (NSE:MICEL, BOM:532850) has received the first order of an undisclosed amount for roof-mounted AC package unit from Northern Frontier Railway, Indian Railways, according to a Tuesday filing to the Indian stock exchanges.
The contract is for the supply of microprocessor controllers for roof-mounted AC package unit for LHB coaches and double-decker coaches.
This order marks the start of commercial supplies for this product category.
The company's shares were down nearly 2% in recent trade.