355% return in 2 years: Here's how this smallcap stock performed following update regarding ISO certification

Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL) were in focus during the day as the company has announced the receipt of approval of ISO certificate. The stock started the session in the red at Rs 57.47 on the BSE against the previous close of Rs 58.49. However, the stock rebounded and touched an intraday high of Rs 59.32, a gain of 1.41 per cent. This was a rebound of around 3 per cent from the opening level of MIC Electronics share price. But it fell later amid profit buying and ended the session at Rs 58.04.

Business