MIC Electronics Share Price Target 2024, 2025, 2030, 2050
MIC Electronics is an Indian company situated in India. The company was started in 1988, and since then, it has made electronics items like TV displays, LED lights, batteries and a variety of electronic items.
This is one of the top growing companies in its sector and expected to rise much in future.
What is MIC Electronics Ltd NSE: MICEL?
Contents
- 1 What is MIC Electronics Ltd NSE: MICEL?
- 2 MIC Electronics Share Price Target Tomorrow
- 3 MIC Electronics Share Price Target 2024
- 4 MIC Electronics Share Price Target 2025
- 5 Share Price Target 2030
- 6 Share Price Target 2040
- 7 Share Price Target 2050
- 8 Should I Buy MIC Electronics Stock?
- 9 MIC Electronics Ltd Earning Results
- 10 Key Metrics
- 11 Peers & Comparison
- 12 Is MIC Electronics Stock Good to Buy? (Bull case & Bear case)
- 13 Conclusion
- 14 FAQs
MIC Electronics is an Indian company that was established in 1988. The company makes and sells LED video displays, electronic devices, and telecom equipment. Their products include displays, oxygen machines, LED lights, and batteries. The LED lights are for indoor use, outdoor use, solar-powered lights, and portable lights.
In September its stock made a big move, which usually happens because of positive news or a big deal and after it showed a week of selling. The company showed some rejection on the price level of 95.75 and in the coming days, you may see a positive move in this stock. But for our side, It’s better to wait and watch how it performs in the first half of the day before making any decisions. If it weakens in the second half, the downtrend may continue, but if it gets stronger, the upward trend could carry on.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | -3.1 | +4 |
The Indian government’s focus on smart cities, saving energy, and using eco-friendly technologies automatically grow this company. For some years government distributed much of free LED bulbs to make aware of the uses of LEDs for less power consumption and these steps benefited the company which makes LED bulbs. This year the company’s stock seems bull run and tries to continue its trend with small profit booking. In 2024, its share price target would be ₹140 as per our analysis.
The price of its share would be between ₹33 to ₹140 predicted by technical and market sentiments.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 33 | 140 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 33 | 140 |
| February | 35 | 53 |
| March | 36 | 49 |
| April | 39 | 55 |
| May | 45 | 60 |
| June | 43 | 82 |
| July | 80 | 99 |
| August | 72 | 88 |
| September | 78 | 114 |
| October | 87 | 100 |
| November | 85 | 125 |
| December | 88 | 140 |
The company always looking to the future and also its fall on the electronics devices sector and if you are not updated with the new technology then it will have much impact on the business. So, the company regularly spends money on research to make its products better. New improvements in LED technology, like using less energy, brighter lights, and longer-lasting products, help the company stay ahead of its competitors. These improvements bring in more customers and investors, which helps increase its share price and as per our prediction, its share price target would be ₹200 in 2025 as per our experts.
In 2025, its share price target would be between ₹94 to ₹200 as predicted by our experts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 94 | 200 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 94 | 140 |
| February | 95 | 153 |
| March | 95.5 | 150 |
| April | 97 | 164 |
| May | 99 | 160 |
| June | 102 | 167 |
| July | 106 | 171 |
| August | 109 | 178 |
| September | 114 | 184 |
| October | 116 | 187 |
| November | 118 | 190 |
| December | 120 | 200 |
After the establishment of the company, it faced lots of ups and downs and till now it has much experience in its own filed. At the starting time, they only worked within the country but as their product’s quality increased, their product demand came from the foreign country and now they export its product globally. The electronic market is very vast, this company does not depend on a single item they make a variety of electronic devices, so in case if any product does not get a good market then it could not make much impact. So in 2030, its stock price would be ₹580.
In 2030, the price would be between ₹464 to ₹580 as per our expected prediction.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 464 | 580 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 464 | 478 |
| February | 472 | 487 |
| March | 480 | 494 |
| April | 475 | 501 |
| May | 498 | 513 |
| June | 510 | 522 |
| July | 520 | 534 |
| August | 530 | 542 |
| September | 541 | 563 |
| October | 538 | 550 |
| November | 548 | 561 |
| December | 559 | 580 |
Getting large contracts and working with government agencies, companies, and other groups is important for making money. These successful partnerships lead to regular projects and help improve the company’s reputation. This can increase the share price as more investors become hopeful about the company. The company have a good and maintained order book for the upcoming times and this will boost the company’s growth. By 2040, its share price target would be ₹811 to our analysis.
By 2040, its stock price probably will be between ₹700 to ₹811 as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 700 | 811 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 700 | 711 |
| February | 707 | 723 |
| March | 712 | 730 |
| April | 725 | 742 |
| May | 733 | 750 |
| June | 745 | 756 |
| July | 720 | 747 |
| August | 729 | 755 |
| September | 740 | 764 |
| October | 752 | 770 |
| November | 763 | 782 |
| December | 775 | 811 |
For continuous performance, the company should have a healthy financial performance. This company doing good, they improving much from the past performance. Each year it reduced its debt and increased its profit. So if this company continues to do well financially, it will help build trust with investors, bringing more interest in the stock and raising its price. In 2050, its share price target would be ₹1720 as per our expert’s prediction.
In 2050, its share price would be between ₹1500 to ₹1720 as expected by technical and our expert’s analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 1500 | 1720 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1500 | 1531 |
| February | 1520 | 1539 |
| March | 1531 | 1545 |
| April | 1538 | 1553 |
| May | 1551 | 1570 |
| June | 1560 | 1579 |
| July | 1570 | 1585 |
| August | 1590 | 1620 |
| September | 1614 | 1634 |
| October | 1620 | 1657 |
| November | 1650 | 1689 |
| December | 1674 | 1720 |
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 33 | 140 |
| 2025 | 94 | 200 |
| 2030 | 464 | 580 |
| 2040 | 700 | 811 |
| 2050 | 1500 | 1720 |
Should I Buy MIC Electronics Stock?
The company has more than 30 years of experience in the electronic sector. They had much data and experience its their field. As there is much competition they try to give the long durability products and they work hard to do that and this is one of the reasons why the company growing. For the past year, it has given very positive results and the financial condition of the company has improved, so for the long term you can choose this stock.
MIC Electronics Ltd Earning Results
| Mcap Full (Cr.) | 2,323.59 |
| Turnover (Cr.) | 2.27 |
| TTQ (Lakh) | 2.35 |
| EPS (TTM) | 2.60 |
| CEPS (TTM) | 2.66 |
| ROE | 51.30 |
| Face Value | 2.00 |
| NPM % | 18.34 |
| OPM % | 26.25 |
| Cash EPS | 0.10 |
| EPS | 0.08 |
| Net Profit | 1.97 |
| Revenue | 10.72 |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 37.50 | 19.24 | — | 52.31 | 7.29 | 0.46% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| MIC Electronics Ltd | 37.96 | 19.24 | — |
| Havells India Ltd | 95.64 | 16.32 | 0.46% |
| Polycab India Ltd | 62.78 | 13.59 | 0.40% |
| Apar Industries Ltd | 50.77 | 10.81 | 0.49% |
Is MIC Electronics Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- The Indian government is pushing for smart cities and energy-saving technologies, which can increase the demand for electronic LED products.
- The company invests in improving its products, which can help it stay ahead of competitors and attract more customers.
- It expanding into new areas in India and other countries, giving it more chances to grow its business.
- There is a growing global demand for energy-efficient products like LED lights and displays.
- The company’s deals with governments and big companies bring in regular projects, helping boost its reputation and stock price.
Bear Case:
- The LED and electronics market is very competitive.
- The company relies a lot on big contracts. If a major deal is lost or delayed, it could become a problem for the company.
- Technology changes fast. If this company can’t keep up with new tech, it could lose its competitive edge.
Conclusion
In the starting time which its stock was listed in the Indian stock market, it crashed due to mismanagement of the company. But in the past years, the company rapidly recovered and showed a very good bull run. The company improving its financial condition. In this article, we have discussed about this company’s present performance and upcoming predictions on the stock market. So, if you planning to invest in this stock you should read the whole article.
