PSU share rises: MIDHANI order book stand at Rs 1,983 crore with new order gain
State-owned Mishra Dhatu Nigam Ltd (MIDHANI) has reportedly witnessed a rise in share price of stock as the company has declared that its current order position is Rs 1,983 crore. The stock opened today at Rs 404.00 and reached an intraday high of Rs 408.15 at BSE.
State-owned Mishra Dhatu Nigam Ltd (MIDHANI) has reportedly witnessed a rise in share price of stock as the company has declared that its current order position is Rs 1,983 crore. The stock opened today at Rs 404.00 and reached an intraday high of Rs 408.15 at BSE.
According to the exchange filing, the Mishra Dhatu Nigam Limited (MIDHANI) has secured an order of Rs. 136 Cr. With this, the open order position of MIDHANI as of date is around Rs. 1,983 Cr.
The market capitalization of the company is at Rs 7.63K crore with a P/E ratio at 64.57. The dividend yield is at 0.18%. The 52-week high is at Rs 469.00. As compared to the current market price, the stock is overvalued by 48%.
Mishra Dhatu Nigam Limited (MIDHANI) is a metals and metal alloys manufacturing facility in Hyderabad, Telangana, India. It operates as a Public Sector Undertaking (PSU) under the administrative control of the Department of Defence Production, Ministry of Defence, Government of India.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
