NSE: MIDWESTLTD | BSE: 544587

Mid-range Performer

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1152.60 11.60 (1.02%)

10,395 NSE+BSE Volume

NSE 24 Aug, 2026 3:31 PM (IST)

4,167.9

Market Cap

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Midwest Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MIDWESTLTD, BSE:544587 Midwest Ltd.

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Midwest Ltd.

13 Aug 2026

1152.60

1.02%

High costs lead to earning miss; margins to improve ahead

Buy: Midwest Ltd.

Target

Motilal Oswal

Midwest reported 1QFY27 revenue of INR1.9b (in line with our est.), up 35% YoY but down 11% QoQ due to higher realization.

Motilal Oswal decreased Buy price target of Midwest Ltd. to 1300.0 on 13 Aug, 2026.

Midwest Ltd.

27 May 2026

1152.60

1.02%

In-line earnings; Quartz ramp-up deferred for near term

Buy: Midwest Ltd.

Target

Motilal Oswal

Midwest reported revenue of INR2.2b in 4QFY26, down 6% YoY and in line with our estimate. Revenue rebounded by 68% QoQ, led by strong volume and price recovery.

Promoters initiated pledges of 1.39% of holdings in Jun 2026 qtr.

Midwest Ltd.

13 Feb 2026

1152.60

1.02%

Miss on earnings; FY26 estimate cut

Buy: Midwest Ltd.

Target

Motilal Oswal

Revenue for 3QFY26 stood at INR1.3b (against our est. of INR1.9b), rising 10% YoY but declining 19% QoQ. Black galaxy granite production stood at 15.3k cbm (-3% QoQ) during 3QFY26, while absolute black granite stood at 9.5k cbm (-10% QoQ).

Midwest Ltd. has an average target of 1300.00 from 3 brokers.

Midwest Ltd.

26 Dec 2025

1152.60

1.02%

Strong core | strategic diversification | superior profitability

Buy: Midwest Ltd.

Motilal Oswal

Midwest Ltd. (MIDWESTL) is India’s largest producer and exporter of premium Black Galaxy Granite. It holds over 60% of India’s export market share and is a leading player in Absolute Black Granite.

Motilal Oswal decreased Buy price target of Midwest Ltd. to 1300.0 on 13 Aug, 2026.

Midwest Ltd.

14 Oct 2025

1152.60

1.02%

MIDWEST LTD.

IPO Subscribe: Midwest Ltd.

Ventura

IPO NOTE

Midwest Ltd. is trading below all available SMAs

Midwest Ltd.

13 Oct 2025

1152.60

1.02%

Midwest Ltd IPO Note

IPO Note: Midwest Ltd.

SBI Securities

Midwest Ltd. is engaged in the business of exploration, mining, processing, marketing, distribution and export of natural stones. Midwest is India's largest producer and exporter of Black Galaxy Granite. The company has 20 operational Mines, comprising 16 Granite Mines, 3 Quartz Mines and 1 Marble Mine, and a...