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Govt planning to sell up to 10% stake in Mishra Dhatu Nigam

23 Nov 2020 Evaluate

The government is planning to sell up to 10 per cent stake in defence PSU Mishra Dhatu Nigam (MIDHANI) in the current fiscal ending March. The company got listed on stock exchanges in April 2018 and the government had raised Rs 438 crore by selling 26 per cent stake through IPO.

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

Peers
Company Name CMP
JSW Steel 1270.25
Tata Steel 183.65
Steel Authority 175.55
Jindal Stainless 739.30
APL Apollo Tubes 2180.50
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