Mishra Dhatu Nigam Ltd. News and Updates

Name: Latest research reports of Mishra Dhatu Nigam Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Mishra Dhatu Nigam Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news on Mishra Dhatu Nigam Ltd. from all sources in a single place.

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Mishra Dhatu Nigam Ltd.

09 Aug 2023

298.30

1.74%

Mishra Dhatu Nigam tanks 8% after high input costs dent margins

Moneycontrol

Operating margin came in at 22.13 percent in the June quarter as compared with 28.73 percent in the corresponding quarter last fiscal. A sharp surge in input costs and employee benefit expenses dented profitability.

Number of FII/FPI investors increased from 81 to 94 in Mar 2025 qtr.

Mishra Dhatu Ni Consolidated June 2023 Net Sales at Rs 187.72 crore, up 63.34% Y-o-Y

Moneycontrol | 08 Aug 2023

Mishra Dhatu Nigam Ltd.

08 Aug 2023

298.30

1.74%

to see Rapid results content

Mishra Dhatu Nigam Ltd.

20 Jun 2023

298.30

1.74%

Stock to buy today: Mishra Dhatu Nigam (283.95)

Business Line

Accumulate on dips at 270

Mishra Dhatu Nigam Ltd. is trading above its 50 day SMA of 274.3

Mishra Dhatu Nigam Ltd.

31 May 2023

298.30

1.74%

Good opportunities; execution awaited

Hold: Mishra Dhatu Nigam Ltd.

Target

ICICI Securities Limited

Mishra Dhatu Nigam’s (Midhani) Q4FY23 performance was impacted by higher raw
material costs. Key takeaways: 1) EBITDA margin rose 70bps QoQ to 29.1% despite firm raw material and power costs, owing to higher scrap utilisation; 2) orderbook at Mar’23-end was at Rs13.3 bn, aided by an inflow of Rs9bn during the quarter Q4FY23

Number of FII/FPI investors increased from 81 to 94 in Mar 2025 qtr.

Mishra Dhatu Nigam Ltd.

25 May 2023

298.30

1.74%

to see Rapid results content

Mishra Dhatu Nigam Ltd.

17 May 2023

298.30

1.74%

Stock to buy today: Mishra Dhatu Nigam (225.65)

Business Line

Traders can consider going long on Mishra Dhatu Nigam's shares and accumulating on dips, as it has the potential to reach 260 within the next three to four weeks.

Mishra Dhatu Nigam Ltd. has lost -31.62% in the last 1 Year

Mishra Dhatu Nigam Ltd.

08 Feb 2023

298.30

1.74%

to see Rapid results content

Mishra Dhatu Nigam Ltd.

08 Feb 2023

298.30

1.74%

Order inflow remains the key

Hold: Mishra Dhatu Nigam Ltd.

Target

ICICI Securities Limited

Mishra Dhatu Nigam’s (Midhani) Q3FY23 performance was steady – led by higher scrap utilisation. Key takeaways: 1) EBITDA margin came in at 28.4% despite firm raw material and power costs, owing to higher scrap utilisation; 2) orderbook remained broadly static compared to Q2FY23 at Rs14.72bn.

Mishra Dhatu Nigam Ltd. is trading above its 50 day SMA of 274.3

Mishra Dhatu Nigam Ltd.

27 Dec 2022

298.30

1.74%

Mishra Dhatu shares jump 5% as company to set up a Wide Plate Mill facility

livemint

The Wide Plate Mill facility would meet the requirements of special steel plates for national strategic programs

Mishra Dhatu Nigam Ltd. is trading below its 100 day SMA of 307.9

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

Business Standard | 26 Dec 2022

Mishra Dhatu Nigam Ltd.

06 Dec 2022

298.30

1.74%

Buy Mishra Dhatu Nigam; target of Rs 285: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Mishra Dhatu Nigam recommended buy rating on the stock with a target price of Rs 285 in its research report dated December 05, 2022.