MIC Electronics Secures New Order from Northern Frontier Railway, Indian Railways

MT Newswires Live

Dec 09

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.

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