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.
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.
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 ₹120 in 2025 as per our experts.
In 2025, its share price target would be between ₹36 and ₹120, as predicted by our experts.
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
Share Price Target 2040
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
Share Price Target 2050
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
MIC Electronics Share Price forecast
Year
Minimum Price (Rs)
Maximum Price (Rs)
2025
36
120
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.
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.
FAQs
Its P/E ratio is 38.3(as of October 2024).
In 2025, its share price target would be between ₹136 to ₹200 as predicted by our experts.
Kaushik Yalamanchili is the Chairman and Managing Director of MIC Electronics Limited.
