MIDHANI Share: Can the Metal Bank and Aerospace Opportunities Help It Reach Rs2,000 Cr Revenue?
India, June 11 -- India's quest to become self-reliant in the production of defence, aerospace, and strategic metals has brought specialty metals to the forefront in terms of their importance within the country's industrial vision. Mishra Dhatu Nigam Limited (MIDHANI), an organisation that deals in superalloys, titanium alloys, and special steels, seems to be emerging as a beneficiary from this development.
With a market cap of Rs 8,100 crore, the shares of Mishra Dhatu Nigam Ltd are trading at Rs 436 and are trading at a PE of 62 compared to their industry's PE of 65. The shares have given a return of more than 100% in the last 5 years.
Record FY26 Performance Provides a Strong Foundation
For FY26, MIDHANI performed exceedingly well a...
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