Mishra Dhatu Nigam Ltd (MIDHANI)
₹492.25▲2.06%
Analyst Rating
based on 2 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 2 analysts offering long term price targets for Mishra Dhatu Nigam Ltd. An average target of ₹480
Source: S&P Global Market Intelligence
Mishra Dhatu Nigam Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹477.1₹495.452 Week's Low
52 Week's High
₹304₹547.5
| Returns % | |
| 1 Month Return | + 4.79 % |
| 3 Month Return | + 8.98 % |
| 1 Year Return | + 57.95 % |
| Market Stats | |
| Previous Close | ₹482.30 |
| Open | ₹479.00 |
| Volume | 6.11L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,035.41Cr |
Key Statistics
| P/E Ratio | 98.63 |
| PEG Ratio | -28.59 |
| Market Cap | ₹9,035.41 Cr |
| P/B Ratio | 2.69 |
| EPS | 8.34 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹9,035.41 Cr | 62.62% | 0.73 | ₹156 Cr | ₹871 Cr |
 | NA | ₹2,487.96 Cr | 5585.18% | 0.64 | ₹1 Cr | ₹105 Cr |
 | BUY | ₹5,806.49 Cr | 14.88% | 0.60 | ₹103 Cr | ₹573 Cr |
| BUY | ₹4,205.95 Cr | 4.48% | 0.74 | ₹72 Cr | ₹1,253 Cr |
 | NA | ₹3,425.02 Cr | 234.56% | 0.64 | ₹18 Cr | ₹297 Cr |
Mutual Fund Holdings
Company Information
The company's top products include special steels, alloys and super alloys, such as stainless steels, tool steels, alloy steels, high-speed steels, and maraging steels. MDNL's popular brands include Durgapur Steel, Durgapur Special, Durgapur Alloy, and Durgapur Super. These products are widely used in the defence, aerospace, atomic energy, power, and other industries.
Share Price: ₹492.25 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹9,035.41Cr as of today
Revenue: ₹393.08Cr as on March 2024 (Q1 24)
Net Profit: ₹46.34Cr as on March 2024 (Q1 24)
Listing date: 04 Apr, 2018
Chairperson Name: S K Jha
| Organisation | Mishra Dhatu Nigam Ltd |
| Headquarters | |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Mishra Dhatu Nigam Ltd
ICICI Direct Research Recommends Buying Mishra Dhatu Nigam Shares - 12 Jul, 2024
ICICI Direct Research has recommended buying shares of Mishra Dhatu Nigam with a target price of Rs 600 in the next 6-12 months. The company recorded its highest-ever sales and direct exports in FY23-24, primarily catering to defence, space, and energy sectors. Its order backlog stood at Rs 1,767 crore as of May 2024 end. Market capitalization is Rs 9,255 crore, gross debt is Rs 324 crore, cash is Rs 17 crore, and EV is Rs 5,262 crore.
Mishra Dhatu Nigam Ltd Stock Up by 22% in a Month - 11 Jul, 2024
Mishra Dhatu Nigam Ltd's stock has seen a significant increase of 22% over the last month. However, concerns remain about the company's inconsistent financials and their impact on the current share price momentum. An article focuses on ROE.
MIDHANI Stock Witnesses Decisive Breakout - 08 Jul, 2024
Mishra Dhatu Nigam Ltd (MIDHANI) stock witnessed a decisive breakout, soaring nearly 8% in the last trading week. The counter is expected to continue its northward move with strong traction on its 21-day exponential moving average and sloping trendline breakout. MACD signals a continuation move, making it a good buy around Rs 490 with a target of Rs 550-580 and stop loss at Rs 450.
Mishra Dhatu Nigam in Talks with Pratt & Whitney for Engine Component Supply - 18 Jun, 2024
State-run company Mishra Dhatu Nigam Limited (Midhani) is reportedly in talks with aircraft engine manufacturer Pratt & Whitney (P&W) to supply engine components, potentially playing a crucial role as a key player in the global supply chain. The deal could boost its Make-In-India efforts and investors reacted positively to the news.
Insights on Mishra Dhatu Nigam Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 13.89% to 15.40% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 195.9 Cr → 413.63 Cr (in ₹), with an average increase of 21.1% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 1.08% to 1.27% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MIDHANI has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 12.8 Cr → 46.34 Cr (in ₹), with an average increase of 72.4% per quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, MIDHANI stock has moved up by 4.8%
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 74.00% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Bharat Forge Ltd has given 87.6% return, outperforming this stock by 29.6%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 9.32% to 7.61% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹393.08Cr | ↑68.64% |
Net Income | ₹46.34Cr | ↑262.03% |
Net Profit Margin | 11.79% | ↑114.75% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹871.94Cr | ↑1.45% |
Net Income | ₹156.26Cr | ↓11.53% |
Net Profit Margin | 17.92% | ↓12.80% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹2,870.76Cr | ↑3.04% |
Total Liabilities | ₹1,584.57Cr | ↓0.68% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | -₹35.41Cr | ↓792.95% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 74% | 0.00 | |
| Foreign Institutions | 1.27% | 18.12 | |
| Mutual Funds | 7.61% | ||
| Retail Investors | 15.4% | 10.87 | |
| Others | 1.72% | 0.33 |
Key Indicators
Mishra Dhatu Nigam Ltd Valuation
Mishra Dhatu Nigam Ltd in the last 5 years
Lowest (16.77x)
June 22, 2022
Industry (81.72x)
July 23, 2024
Today (98.63x)
July 23, 2024
Highest (108.62x)
July 11, 2024
Earnings and Dividends
Mishra Dhatu Nigam Ltd Earnings Results
Mishra Dhatu Nigam Ltd’s net profit fell -30.06% since last year same period to ₹46.34Cr in the Q4 2023-2024. On a quarterly growth basis, Mishra Dhatu Nigam Ltd has generated 262.03% jump in its net profits since last 3-months.
Read More about Earnings ResultsMishra Dhatu Nigam Ltd Dividends March,2024
In the quarter ending December 2023, Mishra Dhatu Nigam Ltd has declared dividend of ₹1.41 - translating a dividend yield of 0.99%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Mishra Dhatu Nigam Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Mishra Dhatu Nigam Ltd (MIDHANI) share price today is ₹492.25
Mishra Dhatu Nigam Ltd is listed on NSE
Mishra Dhatu Nigam Ltd is listed on BSE
- Today’s highest price of Mishra Dhatu Nigam Ltd is ₹495.4.
- Today’s lowest price of Mishra Dhatu Nigam Ltd is ₹477.1.
PE Ratio of Mishra Dhatu Nigam Ltd is 98.63
PE ratio = Mishra Dhatu Nigam Ltd Market price per share / Mishra Dhatu Nigam Ltd Earnings per share
Today’s traded volume of Mishra Dhatu Nigam Ltd(MIDHANI) is 6.11L.
Today’s market capitalisation of Mishra Dhatu Nigam Ltd(MIDHANI) is ₹9035.41Cr.
| Mishra Dhatu Nigam Ltd(MIDHANI | Price |
|---|---|
52 Week High | ₹547.5 |
52 Week Low | ₹304 |
Mishra Dhatu Nigam Ltd(MIDHANI) share price is ₹492.25. It is down -10.09% from its 52 Week High price of ₹547.5
Mishra Dhatu Nigam Ltd(MIDHANI) share price is ₹492.25. It is up 61.92% from its 52 Week Low price of ₹304
| Mishra Dhatu Nigam Ltd(MIDHANI | Returns |
|---|---|
1 Day Returns | 9.95% |
1 Month Returns | 4.79% |
3 Month Returns | 8.98% |
1 Year Returns | 57.95% |