MIC Electronics share price extends GST reforms-led rally, jumps 51% in three days; do you own?
MIC Electronics share price jumped over 18% in early trade on Monday, extending the rally for the third consecutive session. The smallcap stock surged as much as 18.55% to ₹77.96 apiece on the BSE.
MIC Electronics shares have gained more than 51% in just three trading sessions amid positive sentiment over the recent GST rate cuts by the government.
The smallcap stock also saw robust trading volumes. Around 3 crore MIC Electronics shares changed hands on the stock exchanges on September 8 as compared with its one month average trading volumes of 45 lakh shares. In the previous session, the trading volumes in the stock spiked to 6 crore.
GST Rate Cut Boost
MIC Electronics is in the business of LED products, medical & other appliances, and…
