On April 29, 2026, shares of MIC Electronics, a small-cap stock priced under ₹50, surged nearly 10% as domestic equities experienced a strong rally. The BSE Sensex rose 993 points to reach an intraday high of 77,879.68, while the NSE Nifty50 gained 288.30 points to trade at 24,284.00. Despite a 24% decline over the past year, MIC Electronics has seen a 40% increase in its stock price over the last month, buoyed by positive market conditions and improved operational performance. For the quarter ending March 25, 2026, the company reported a consolidated net loss of ₹18.35 crore, attributed to a one-time deferred tax adjustment. However, revenue increased by 13.3% year-on-year to ₹51 crore, and EBITDA jumped 60.6% to ₹13 crore, reflecting enhanced execution and cost efficiencies. The stock has delivered a staggering 1380% return over the last five years, despite recent fluctuations.