17 Jul 2019 | 6:51 AM

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COMPANYNEWS
MIRC Electronics hits 5% upper circuit limit
  MIRC Electronics Ltd. | 16 Jul 2019 | 04:01 PM
Published on 07-11-2018
Shares of MIRC Electronics jumped nearly 5 per cent and locked in upper circuit on the Bombay Stock Exchange after the company said that it aims to generate a revenue of Rs 160 crore this fiscal from Onida’s washing machine business.


Boosted by the development stocks of the company gained as much as 4.98 per cent and touched an intra-day high of Rs 31.60 apiece on the Bombay Stock Exchange.


In a similar trend shares of the firm were trading 4.96 per cent higher at Rs 31.75 apiece on the National Stock Exchange.


Meanwhile the broader benchmark BSE Sensex was trading at 36262.20 up 22.58 points or 0.06 per cent at 12:10 hours.