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Midhani Share Price

(MIDHANI)

₹319.73%

as on 04:03PM, 10 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Midhani Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Midhani. An average target of ₹392.5

Source: S&P Global Market Intelligence

Midhani Share analysis

Midhani price forecast by 2 analysts

Upside of19.08%

High

₹430

Target

₹392.50

Low

₹355

Midhani target price ₹392.5, a slight upside of 19.08% compared to current price of ₹319.7. According to 2 analysts rating.

Source: S&P Global Market Intelligence

Midhani Performance

  • Day's Low

    Day's High

    ₹317.5
    Day's Price Range
    ₹328.4
  • 52 Week's Low

    52 Week's High

    ₹304.8
    52-Week Price Range
    ₹547.5
1 Month Return-15.64 %
3 Month Return-12.54 %
1 Year Return-17.25 %
Previous Close₹329.60
Open₹328.00
Volume1.83L
Upper Circuit-
Lower Circuit-
Market Cap₹6,174.73Cr

Midhani Key Statistics

P/E Ratio70.28
PEG Ratio-26.52
Market Cap₹6,174.73 Cr
P/B Ratio5.59
EPS4.9
Dividend Yield0.36
SectorAerospace & Defence
ROE7

Midhani Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹6,174.73 Cr18.75%0.72₹91 Cr₹1,072 Cr
BUY₹7,445.11 Cr169.52%0.61₹121 Cr₹908 Cr
BUY₹22,925.17 Cr830.6%0.50₹129 Cr₹439 Cr
NA₹1,487.39 Cr19.65%0.51NANA
NA₹1,068.73 Cr307.42%0.52₹11 Cr₹30 Cr

About Midhani

Mishra Dhatu Nigam Ltd (MDNL) was incorporated in 1972 by the Government of India. It is a public sector enterprise under the Ministry of Defence, and is the largest manufacturer of special steels and alloys in India. MDNL is engaged in the production of a variety of special steels, alloys and super alloys for defence, aerospace, atomic energy, power and other industries. Its lines of business include steel melting, forging, machining, and heat treatment. MDNL is also involved in the production of high-grade raw materials for the manufacture of special steels and alloys.

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: ₹319.70 per share as on 10 Jan, 2025 04:03 PM
Market Capitalisation: ₹6,174.73Cr as of today
Revenue: ₹256.42Cr as on September 2024 (Q3 24)
Net Profit: ₹23.55Cr as on September 2024 (Q3 24)
Listing date: 04 Apr, 2018
Chairperson Name: S K Jha
OrganisationMidhani
Headquarters
IndustryAerospace & Defence
E-voting on sharesClick here to vote

Key events for Mishra Dhatu Nigam Ltd

  • Mishra Dhatu Nigam Ltd Faces Significant Decline - 06 Jan, 2025

    On January 6, 2025, Mishra Dhatu Nigam Ltd shares dropped 5.15%, underperforming the steel sector and Sensex. The stock is trading below all key moving averages, indicating a bearish trend, and has decreased by 12.86% over the past month.

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 15.40% to 16.13% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 171.41 Cr → 270.65 Cr (in ₹), with an average increase of 36.7% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 5.29 Cr → 23.55 Cr (in ₹), with an average increase of 77.5% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.27% to 1.42% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.00% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Lloyds Metals & Energy Ltd has given 987.3% return, outperforming this stock by 906.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Lloyds Metals & Energy Ltd has given 148.3% return, outperforming this stock by 165.6%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 7.61% to 6.73% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, MIDHANI stock has moved down by -35.7%

Midhani Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹223.03Cr (-)₹233.09Cr (↑4.51%)₹393.08Cr (↑68.64%)₹156.05Cr (↓60.30%)₹256.42Cr (↑64.32%)
Net Income₹13.93Cr (-)₹12.80Cr (↓8.11%)₹46.34Cr (↑262.03%)₹5.29Cr (↓88.58%)₹23.55Cr (↑345.18%)
Net Profit Margin6.25% (-)5.49% (↓12.16%)11.79% (↑114.75%)3.39% (↓71.25%)9.18% (↑170.80%)

Index Inclusions

S&P BSE PSU

₹17,904.36

-2.47 (-453.91%)

S&P BSE 400 MidSmallCap

₹11,607.89

-2.16 (-256.86%)

BSE 500

₹34,287.66

-1.13 (-390.54%)

S&P BSE CPSE

₹3,519.57

-2.29 (-82.5%)

S&P BSE 250 SmallCap

₹6,728.37

-2.36 (-162.37%)

S&P BSE Indus.

₹14,103.62

-2.08 (-298.9%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹52,722.34

-2.4 (-1298.66%)

Midhani Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74%
0.00
Foreign Institutions
1.42%
12.17
Mutual Funds
6.73%
-11.47
Retail Investors
16.13%
4.73
Others
1.71%
-0.60

Midhani Key Indicators

Details20202021202220232024
Book Value Per Share (₹)51.0757.1863.568.6170.42

Midhani Valuation

Midhani in the last 5 years

  • Overview

  • Trends

Lowest (16.77x)

June 22, 2022

Industry (55.29x)

January 9, 2025

Today (70.28x)

January 9, 2025

Highest (127.37x)

July 11, 2024

LowHigh

Midhani Earnings and Dividends

  • Mishra Dhatu Nigam Ltd Earnings Results

    Mishra Dhatu Nigam Ltd’s net profit jumped 69.06% since last year same period to ₹23.55Cr in the Q2 2024-2025. On a quarterly growth basis, Mishra Dhatu Nigam Ltd has generated 345.18% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Mishra 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 1.44%.

    Read More about Dividends

Midhani Technicals Summary

Bearish

Neutral

Bullish

Bearish

Mishra Dhatu Nigam Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Mishra Dhatu Nigam Ltd

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Mishra Dhatu Nigam Ltd (MIDHANI) share price today is ₹319.7

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 ₹328.4.
  • Today’s lowest price of Mishra Dhatu Nigam Ltd is ₹317.5.

PE Ratio of Mishra Dhatu Nigam Ltd is 70.28

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 1.83L.

Today’s market capitalisation of Mishra Dhatu Nigam Ltd(MIDHANI) is ₹6174.73Cr.

Mishra Dhatu Nigam Ltd(MIDHANIPrice
52 Week High
₹547.5
52 Week Low
₹304.8

Mishra Dhatu Nigam Ltd(MIDHANI) share price is ₹319.7. It is down -41.61% from its 52 Week High price of ₹547.5

Mishra Dhatu Nigam Ltd(MIDHANI) share price is ₹319.7. It is up 4.89% from its 52 Week Low price of ₹304.8

Mishra Dhatu Nigam Ltd(MIDHANIReturns
1 Day Returns
-9.9%
1 Month Returns
-15.64%
3 Month Returns
-12.54%
1 Year Returns
-17.25%