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Mishra Dhatu Nigam hits fresh all-time high; stock zooms 85% in a month

The company's board of directors is scheduled to meet on March 3 to consider interim dividend.

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With today’s rally, MIDHANI has surged 209 per cent against its issue price of Rs 90 per share

SI Reporter Mumbai
Shares of Mishra Dhatu Nigam (MIDHANI) continued their northward journey and rallied 13 per cent to hit a fresh high of Rs 278 on the BSE on Monday ahead of its board meeting tomorrow (March 3, 2020) to consider interim dividend.

The stock of the state-owned manufacturers of special steels superalloys and titanium alloys has surged 32 per cent in the past three trading days after the company announced, on Thursday, that its board will meet on March 3 to consider a proposal relating to declaration of interim dividend, if any, for the financial year 2019-20.

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