CE-MAT 2025

PSU shares in focus as MIDHANI Board to consider financial results soon

Shares of MIDHANI have been trading higher by 4.35 basis points as the PSU Company has announced that it will hold a board meeting on 28th May to approve financial results.

PSU shares in focus as MIDHANI Board to consider financial results soon

Hyderabad, 21 May 2025: Shares of MIDHANI (Mishra Dhatu Nigam Ltd) have been trading higher by 4.35 basis points as the PSU Company has announced that it will hold a board meeting on 28th May to approve financial results. Currently, the shares are trading higher by 1.09% at Rs 401.75.

This is to inform that a meeting of the Board of Directors of the Company will be held on Wednesday, the 28th May, 2025 to inter-alia consider and approve the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended on 31st March, 2025, as per the stock exchange filing made.

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The stock opened today at Rs 397.00. The market capitalization of the company is at Rs 7.53K crore and the 52-week high is at Rs 541.00. The stock has surged over 35.7% over the past one month.

The MIDHANI share price target for 2025 is projected to be around Rs 402.50. According to analysts, it suggest a "BUY" rating for the stock, with another one suggesting an intrinsic value of Rs 298.11 and indicates the stock is overvalued, other sources indicate a more optimistic outlook.

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