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1D
1W
1M
1Y
3Y
5Y
Max
Open297.5
High302
Low291.75
Prev. Close291.9
Avg. Traded Price296.1
Volume4,99,530

MARKET DEPTH

info2
Total bid57,889.00
Total ask1,09,912.00
OrdersQtyBid
260293.7
251293.65
152293.6
2610293.55
9266293.5
AskQtyOrders
293.85218
293.928
293.956162
2948140
294.057114

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

291.75an hour ago
302.002 hours ago
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LOWER/UPPER CIRCUITS

233.55
350.25
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Mishra Dhatu Nigam Ltd Stock performance
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KEY OBSERVATIONS

info
positive
negative
neutral
noteAnnual Revenue,rose 0.22%, in the last year to ₹1,105.02 Cr. Its sector's average revenue growth for the last fiscal year was 10.24%.
noteAnnual Net Profit,rose 20.76% in the last year to ₹110.84 Cr. Its sector's average net profit growth for the last fiscal year was 10.1%.
notePrice to Earning Ratio,is 50.8, lower than its sector PE ratio of 52.56.
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LONG-TERM PRICE ANALYSIS

info
Stock return5Y CAGR : 22.81%
Net profit growth 5Y CAGR : -6.91%

About Mishra Dhatu Nigam Limited (MIDHANI)

Mishra Dhatu Nigam Limited (MIDHANI) was established in 1973 by the Government of India with a focus on providing specialized metals for defence and aerospace industries. The company is headquartered in Hyderabad, Telangana, and operates manufacturing facilities in Faridabad, Pune, and Puducherry. MIDHANI manufactures a range of materials, including high-performance alloys, which are critical to the defence, aerospace, and nuclear sectors. The company has a significant role in the “Make in India” initiative, especially in the indigenization of critical materials for defence systems. MIDHANI’s key milestones include its consistent contributions to India’s space and defence programs and its continuous expansion into international markets.

Mishra Dhatu Nigam Limited Business Segments

MIDHANI generates its revenue primarily from the defence sector, which contributes around 37% of its total revenue, reflecting a 42% growth year-on-year. The company also supplies specialized materials for the aerospace, nuclear, and energy sectors. It has successfully leveraged its expertise in metallurgy to secure a dominant position in India’s defence and aerospace industries.

Mishra Dhatu Nigam Limited Key Management

  • Dr. S.V.S. Narayana Murty – Chairman & Managing Director

  • Smt. Madhubala Kalluri – Director (Finance)

  • Shri Amit Satija – Government Nominee Director

Latest Updates on Mishra Dhatu Nigam Limited

  • MIDHANI reported a 42% increase in revenue from the defence sector in FY 2024-25. This reflects the company’s expanding role in India’s defence production, especially in the indigenous manufacturing of advanced materials for critical defence projects.

  • The company has made substantial investments in R&D to enhance its alloy production capabilities, focusing on developing new materials for both domestic and international defense requirements.

  • MIDHANI has also bolstered its operational footprint, expanding manufacturing capacity to meet growing demand in defence, aerospace, and energy sectors.

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Frequently Asked Questions

MIDHANI primarily serves the defence, aerospace, and nuclear industries, providing high-performance alloys and specialized materials critical to these sectors.

The company has manufacturing plants in Faridabad (Haryana), Pune (Maharashtra), and Puducherry, where it produces various alloys and materials.

MIDHANI plays a vital role in India’s defence sector by producing specialized alloys for defence equipment, including aircraft, missiles, and naval systems, thereby supporting India’s self-reliance in defence production.