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HomePRICE TARGETMIC Electronics Share Price Target 2023, 2024, 2025, 2026, 2030

MIC Electronics Share Price Target 2023, 2024, 2025, 2026, 2030

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MIC Electronics Share Price Target: Hello, and welcome to this article. Friends, every investor invests in the stock market with the desire that his chosen stock will provide him huge returns, but where does this happen, most of the investors face losses from the market, so let us know about a penny stock that provides very strong returns to its investors.

The company about which we are going to discuss, this company has been working continuously since the year 1988. The company works in manufacturing LED video display high-end electronic telecommunication equipment.

Today, we’ll review MIC Electronics’s operations, how it earns profits, potential growth areas, and all sorts of information regarding this business to gain a better understanding of the trend in price targets of MIC Electronics shares.

In addition, after analyzing the company’s stock, we will share the results with you, so that you will have an idea about this stock.

The company has good growth potential, and it is a great investment option for the long term. This article will discuss MIC Electronics Share Price Target 2023, 2024, 2025 to 2030.

Before diving into MIC Electronics stock price targets let’s look at the MIC Electronics company background, the technical basics, fundamental analysis, shareholders, future potential, etc.

It will help you in making a final decision about your next investment. However, first, let’s examine the company’s history and its complete business structure.

Fundamentals of MIC Electronics Ltd.

  • Market Cap ₹ 830 Cr.
  • Current Price ₹ 37.6
  • High / Low ₹ 48.0 / 11.0
  • Stock P/E 171
  • Book Value ₹ 3.29
  • Dividend Yield 0.00 %
  • ROCE 1.41 %
  • ROE 0.41 %
  • Face Value ₹ 2.00
  • Price to book value 11.4
  • Price to Earning 171
  • OPM 21.2 %
  • EPS ₹ 0.51
  • Debt ₹ 12.7 Cr.
  • Debt to equity 0.17
  • Return on equity 0.41 %
  • Return on assets 0.32 %

MIC Electronics Share Price Target 2023

MIC Electronics Share Price Target For 2023 As Follows:

20231st Target- Rs.48
2nd Target- Rs.55

MIC Electronics Share Price Target 2024

MIC Electronics Share Price Target For 2024 As Follows:

20241st Target- Rs.65
2nd Target- Rs.78
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MIC Electronics Share Price Target 2025

MIC Electronics Share Price Target For 2025 As Follows:

20251st Target- Rs.90
2nd Target- Rs.120

MIC Electronics Share Price Target 2026

MIC Electronics Share Price Target For 2026 As Follows:

20261st Target- Rs.140
2nd Target- Rs.170

MIC Electronics Share Price Target 2027

MIC Electronics Share Price Target For 2027 As Follows:

20271st Target- Rs.250
2nd Target- Rs.290
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MIC Electronics Share Price Target 2028

MIC Electronics Share Price Target For 2028 As Follows:

20281st Target- Rs.350
2nd Target- Rs.390

MIC Electronics Share Price Target 2030

MIC Electronics Share Price Target For 2030 As Follows:

20301st Target- Rs.480
2nd Target- Rs.550

MIC Electronics Share Price

Mic Electronics’ share price is getting strong buying momentum in the short term! It is close to its recent HIGHS. Mic Electronics is an ISO 9001:2000-certified company that was founded in 1988.

It specializes in the Design, Development, and manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment, and Development Telecom software.

Profitability

MIC Electronics has seen a steady profit trend over the past few years. Its earnings have increased by more than 45% over the last year.

It is a good signal for the business. The company’s revenue has grown over the same time. 

A company’s financial viability can be determined by the capacity to make money from the amount of capital used. This is found by studying the company’s profit as well as loss statement, balance sheet, and cash flow report.

However, this can be a time-consuming process. To make the process easier, investors can use financial ratios to evaluate a company’s performance.

The MIC Electronics stock has a return on equity (ROE) of 0.41% and a return on assets (ROA) of 6.7%.

These are strong indicators of the company’s ability to turn its investments into profits. Its ROE and ROA are higher than the industry averages.

The MIC Electronics stock price has been trading near its recent highs, which is a good sign for the company. The RSI has generated a BUY signal for the short term, and buying momentum is picking up.

The ADX is moving upwards, indicating that the selling pressure is reducing and the buying momentum is increasing.

Furthermore, the stock is trading lower than its 20-day moving mean, which can be a further positive indicator. It is trading above its 50-day moving average as well, which is an additional positive indicator.

Growth Potential

MIC Electronics’ impressive financial performance highlights the company’s consistent efforts to diversify its revenue streams.

This trend, coupled with a robust product portfolio, positions the company favorably to capitalize on the growing demand for advanced LED lighting and display solutions.

The company has a significant presence in the highly dynamic domains of LED Video Display (indoor/outdoor/mobile), Graphics and Text Display, Embedded, Systems, and Telecom software, which has a broad application across several industries.

The group’s products are manufactured and sold throughout the country and exported to overseas markets as well.

Moreover, the company has recently secured significant orders from multiple divisions of the central railways, further reinforcing its position as a leading player in the rail electronics industry.

Recent contract wins also show that the company is able to exceed and meet clients’ expectations, which is further fueling the optimism of investors.

MIC Electronics’ stock price surged to a 52-week high on the BSE on October 17, reflecting a significant increase in market sentiment.

The surge was fueled by the announcement that the company has received an order from the Hyderabad division of the central railways for the supply of minimum essential telecom amenities at Nizamabad, Kurnool City, Malakpet, Yakatpura, Huppuguda, and Sri Balabramareshwara Jogulamba stations.

This is a significant milestone for the company and indicates its potential for growth in the coming years.

Financial Ratios

The analysis for MIC Electronics Limited consists of studying a number of key financial indicators like profits and losses accounts the balance sheet, and statements of cash flows.

The information gathered from these reports helps investors to determine whether the company is profitable and growing, and can also help them in assessing the potential investment opportunities in the stock.

During the fiscal year that ended March 23rd, the company’s operating income increased by 4023.6% on a YoY basis. Its operating margin improved to 15.7% as compared to 12.9% during FY22.

Depreciation charges declined by 57.3% and finance costs by 22034%, resulting in lower other income. Consequently, net profit declined by 1.6%.

The company’s current ratio remained at 2.6 times during the fiscal year, indicating its ability to pay short-term and long-term liabilities.

In addition, its inventory turnover ratio was 1.06 times, indicating that it did not turn over its inventories very quickly. The company has a decent Return on Capital Employed (ROCE), which stands at 1.41%.

It has a marked presence in the highly dynamic domain of Electronic and telecommunication products and also has an extensive global network of distributors and customers.

Management

Incorporated in the year 1988, MIC Electronics is a leading design, development, and manufacturing company of LED Video Displays (indoor/outdoor/mobile), and high-end Electronic and Telecommunication equipment.

MIC Electronics is headquartered in Hyderabad, India. Its products are employed in a variety of different applications, such as transport hubs, sports stadiums as well as digital theatres, theme parks, advertising, as well as public info displays. 

MIC Electronics is helmed by an experienced management team that has a thorough understanding of the market’s requirements. 

The team’s abilities and experience have allowed the company to keep its competitive advantage in the marketplace and to expand the business.

The company is also constantly improving its production facilities and developing new products to meet the increasing demands of the market.

The company’s CEO is Srinivasan Arunachalam, who has more than 30 years of work experience.

MIC Electronics’ board of directors includes Siva Kakarala Lakshmanarao, Kaushik Yalamanchili, Venkata Naga Lavanya Kandala, and Manideep Katepalli.

The company’s CFO is Rajeshwara Rao Kothari. MIC Electronics’s auditor is KPMG. The company’s board members have a strong background in the financial industry and are capable of driving the company’s success.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

conclusion

This article is a complete guide to MIC Electronics Share Price Target, where you can find out what MIC Electronics is, its businesses, and MIC Electronics Share Price Target 2023, 2024, 2025, to 2030.

Share price forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. Also, We have talked in detail about MIC Electronics’s future prospects and growth potential.

Hopefully, this information will help by having all the share price details of MIC Electronics so that you can consider investing in the future. If you have any questions, please contact us in the comment box.

We will be happy to answer any questions you may have. If you like this information, share the article with as many people as possible.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. Though this is just for informational purposes, We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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