Mishra Dhatu Nigam Ltd (MIDHANI)
₹442.8▲0.88%
Mishra Dhatu Nigam Ltd share Performance
- ₹438.95₹455₹442.8
0.87%
Low
Day's Volatility:3.62%
High
2.76%
- ₹199.7₹547.5₹442.8
54.90%
Low
52 Weeks Volatility:78.55%
High
23.64%
| Returns % | |
| 1 Month Return | 5.47 % |
| 3 Month Return | -16.44 % |
| 1 Year Return | 114.28 % |
| Market Stats | |
| Previous Close | ₹438.95 |
| Open | ₹443.80 |
| Volume | 16.54L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,223.29Cr |
Analyst Rating
based on 1 analysts
Based on 1 analysts offering long term price targets for Mishra Dhatu Nigam Ltd. An average target of ₹350
Source: S&P Global Market Intelligence
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: ₹442.80 per share as on 02 May, 2024 04:01 PM
Market Capitalisation: ₹8,223.29Cr as of today
Revenue: ₹233.09Cr as on December 2023 (Q4 23)
Net Profit: ₹12.80Cr as on December 2023 (Q4 23)
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
Mishra Dhatu Nigam Ltd's High P/E Ratio Raises Concerns - 25 Apr, 2024
Mishra Dhatu Nigam Ltd's high P/E ratio of 74.2x is concerning, given its recent decline in earnings and lower growth forecast compared to the broader market. Shareholders may be at risk if the P/E falls to levels more in line with the company's growth outlook.
Mishra Dhatu Nigam Ltd Reports 22% Growth in Sales - 01 Apr, 2024
Mishra Dhatu Nigam Ltd (MIDHANI) reported a 22% growth in overall sales for financial year 2024, with total sales of ₹1,065 crore compared to ₹871.94 crore in financial year 2023. The company also reported its highest ever revenue from direct exports at ₹66.88 crore for financial year 2024. Shares of MIDHANI are trading 4.8% higher at ₹490.
Fundamentals of Mishra Dhatu Nigam Ltd
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 IMPACTRevenue Rich
Revenue is up for the last 3 quarters, 195.9 Cr → 258.5 Cr (in ₹), with an average increase of 12.9% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 13.21% to 13.89% in Mar 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
FII Holding Up
Foreign Institutions have increased holdings from 0.95% to 1.08% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 74.00% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 131.6% return, outperforming this stock by 17.3%
NEGATIVE IMPACTPrice Dip
In the last 3 months, MIDHANI stock has moved down by -16.4%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 66.26 Cr → 12.8 Cr (in ₹), with an average decrease of 35.1% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 10.07% to 9.32% in Mar 2024 quarter
Mishra Dhatu Nigam Ltd Valuation
Mishra Dhatu Nigam Ltd in the last 5 years
Lowest (16.77x)
June 22, 2022
Industry (62.27x)
April 30, 2024
Today (73.65x)
April 30, 2024
Highest (88.14x)
February 2, 2024
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 74% | 0.00 | |
| Foreign Institutions | 1.08% | 0.00 | |
| Mutual Funds | 9.32% | 0.00 | |
| Retail Investors | 13.89% | 0.00 | |
| Others | 1.72% | 0.00 |
Technicals of Mishra Dhatu Nigam Ltd share
News & Events of Mishra Dhatu Nigam Ltd
Frequently Asked Questions
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Mishra Dhatu Nigam Ltd (MIDHANI) share price today is ₹442.8
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 ₹455.
- Today’s lowest price of Mishra Dhatu Nigam Ltd is ₹438.95.
PE Ratio of Mishra Dhatu Nigam Ltd is 73.65
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 16.54L.
Today’s market capitalisation of Mishra Dhatu Nigam Ltd(MIDHANI) is ₹8223.29Cr.
| Mishra Dhatu Nigam Ltd(MIDHANI | Price |
|---|---|
52 Week High | ₹547.5 |
52 Week Low | ₹199.7 |
Mishra Dhatu Nigam Ltd(MIDHANI) share price is ₹442.8. It is down -19.12% from its 52 Week High price of ₹547.5
Mishra Dhatu Nigam Ltd(MIDHANI) share price is ₹442.8. It is up 121.73% from its 52 Week Low price of ₹199.7
| Mishra Dhatu Nigam Ltd(MIDHANI | Returns |
|---|---|
1 Day Returns | 3.85% |
1 Month Returns | 5.47% |
3 Month Returns | -16.44% |
1 Year Returns | 114.28% |