Mishra Dhatu Nigam Midhani

GRSE, BEML, BDL gain up to 6% as DAC clears Rs 21,772 cr defence proposals

The Defence Acquisition Council (DAC) accorded Acceptance of Necessity for five capital acquisition proposals worth over Rs 21,772 crore.

Osho Krishan of Angel One recommends buying these two stocks today

MIDHANI witnessed a decisive breakout in the last trading week, soaring nearly 8 percent. The counter has witnessed very strong traction its 21 DEMA after consolidating near the 20 DEMA

Own BEML, BEL in your portfolio? Check why they will be in focus today

On Monday, the MoD signed a tripartite MoU with BEML, Bharat Electronics, and Mishra Dhatu Nigam for indigenous development of Advanced Fuelling and Control System for Engines

Stock of this state-owned defense company has zoomed over 150% since April

Shares of MIDHANI hit a record high of Rs 476.40, as they zoomed 17% on the BSE in Wednesday's intra-day trade and has recorded its sharpest intra-day rally since April 7, 2020.

Midhani soars 9%, hits 52-week high on order win worth Rs 179 crore

With this, the order booking position for FY 2023-24 (as on date) is Rs 542 crore, Mishra Dhatu Nigam said in a statement

Street Signs: The VIX vaporub for mkts, Budget let-down for Midhani & more

A lower allocation to Indian Space Research Organisation (Isro) could lead to a derating in the stock of the superalloys manufacturer, says an analyst

Midhani gains 4%; Firm to inaugurate wide plate mill facility today

Going forward, as facilities ramp up production, additional revenue is expected is likely to flow from wide plate mill as well as the Rohtak plant, thereby providing healthy revenue visibility.

Prez Murmu to inaugurate MIDHANI's wide plate mill in Hyderabad on Tuesday

President Droupadi Murmu will on Tuesday inaugurate a wide plate mill of state-owned special steel manufacturer MIDHANI in Hyderabad. In a regulatory filing on Monday, Mishra Dhatu Nigam Limited (MIDHANI) said the plate mill was installed at its existing facility in Hyderabad at an investment of around Rs 500 crore for rolling of slabs of various alloys. "The wide plate mill will be inaugurated by President of India, Droupadi Murmu on December 27, 2022, in the presence of eminent dignitaries and distinguished guests," the filing said. The wide plate mill facility will meet the requirements of special steel plates for national strategic programmes and also facilitate import substitutes. "Due to its very high capacity of rolling force, this mill can roll ultra-high strength steel to very low thickness. Technology for processing of superalloys plates has been established in a very short span of time," the company said. MIDHANI, under the Ministry of Defence, is among the few modern .

Midhani surges 7%; hits new high on pact with Boeing for aerospace parts

Boeing India on Tuesday reportedly announced it would assess and collaborate with Midhani to develop raw materials for standard aerospace parts and components in India.

Midhani, Mazagon Dock, Cochin Shipyard rally up to 10% in a weak market

The defence procurement budget is likely to increase considerably for FY24E with the share of imports coming down further, according to analysts.

Mishra Dhatu Nigam shares soar 10% on record sales in FY21

For the first nine months (April-December) of FY21, MIDHANI had posted an 8 per cent YoY decline in sales at Rs 464 crore

Govt set to divest stake in defence PSUs Garden Reach, Mishra Dhatu

The government has already invited preliminary bids to sell its 26 per cent stake in BEML along with transfer of management control

Nalco-Midhani JV to rope in environmental consultant for AP aluminium plant

The JV has been formed to set up 60,000 tonnes per annum high-end aluminium alloy production plant at Nellore, Andhra Pradesh

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.

Select PSU stocks rebound; Mishra Dhatu Nigam zooms 29% from day's low

Midhani hit the upper circuit of 20 per cent at Rs 253, also its new high on the BSE on Thursday on heavy volumes. In the process, it surpassed its previous high of Rs 249

Mishra Dhatu Nigam zooms 20%, hits new lifetime high on robust Q3 results

In the past three days, the stock has zoomed 31 per cent after reporting a more than three-fold jump in net profit at Rs 60.50 crore in December 2019 quarter.

Midhani wants India-US defence ties to extend to alloys and rare earths

Midhani has mastered the processes and production of hundreds of alloys based on nickel to tungsten in the past 40 years

Mishra Dhatu Nigam extends rally on bagging order worth Rs 6 bn

The stock rallied 8% to Rs 137, extending its 11% gain in past six trading days after the company on Wednesday said that it has finalised an order worth about Rs 6 billion.

This stock rallied over 40% in two days after tepid market debut

Mishra Dhatu Nigam (Midhani) was up 18% to Rs 132 at 12:29 pm on the BSE, surging 42% in past two trading sessions from Rs 92.95 on Thursday