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Mishra Dhatu Nigam moves up on the bourses

24 Jul 2019 Evaluate

Mishra Dhatu Nigam is currently trading at Rs. 115.00, up by 0.80 points or 0.70% from its previous closing of Rs. 114.20 on the BSE.

The scrip opened at Rs. 116.00 and has touched a high and low of Rs. 119.00 and Rs. 113.00 respectively. So far 7256 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.00 on 03-Sep-2018 and a 52 week low of Rs. 100.00 on 15-Feb-2019.

Last one week high and low of the scrip stood at Rs. 121.25 and Rs. 111.35 respectively. The current market cap of the company is Rs. 2161.90 crore.

The promoters holding in the company stood at 74.00%, while Institutions and Non-Institutions held 20.10% and 5.90% respectively.

Mishra Dhatu Nigam has developed and supplied materials for Cryogenic Engine (CUS) of GSLV Mark 3. The company supplied specific purpose stainless steel, precipitation hardened steels, and titanium alloys to Chandrayaan?2.

Under a partnership with ISRO for the last four decades, the company has extended support of critical materials which are virtually import substitutes, focusing on development and co-development of newer materials for cryogenic engine, rocket motor casing, propellant tanks, gas bottles etc.

The company’s in?house unique capabilities and cost effective facilities with reliable track record for supply of critical materials for strategic missions has helped in bonding a strong partnership with ISRO. The company takes pride in successful launch of the Chandrayan?2. The company is also gearing up to meet the requirements of ambitious Gaganyaan Mission?Human in Space programme (HSP) of the Department of Space (ISRO).

Mishra Dhatu Nigam is the prime specialized metals and metal alloys manufacturing facility in India, located at Hyderabad, Andhra Pradesh.

Mishra Dhatu Nigam Share Price

421.00 7.60 (1.84%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
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Jindal Stainless 755.10
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