439.6000 10.15 (2.36%)
NSE Jun 13, 2025 15:31 PM
Volume: 2.6M
 

439.60
2.36%
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 L.. has an average target of 402.50 from 2 brokers.
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