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Mishra Dhatu Nigam raises Rs 50 crore via commercial papers

07 Dec 2021 Evaluate

Mishra Dhatu Nigam has raised Rs 50 crore through the allotment of commercial papers (CPs) having face value of Rs 5 lakh to Axis Bank on private placement basis. The tenure of the CPs is 90 days. The aforesaid CPs shall be listed on BSE.

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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