Introduction
midhani share news today: After the success of India’s Chandrayaan-3 mission, now steel and iron product sector company for Aditya L-1 mission mishra dhatu nigam share The company has made a big contribution, so we are going to start taking information about the company’s current position in the stock market, information about its returns and what could be the trend of the stock now after successfully completing such a big order.
Mishra Dhatu Nigam Ltd.
The beginning of the company, on behalf of the Ministry of Defense of India, this mishra dhatu nigam share company was started in Kanchanbagh, Hyderabad in 1976, so if we talk about the current product of the company, superalloy, titanium and titanium in alloy. Manufacturing of alloy, special steel products, the company also includes products like long products, flat products, open die forgings, investment castings.
Mishra Dhatu Nigam share company information
The market cap of the company is 7,704.36 Crores, the dividend paid by the mishra dhatu nigam share company to its investors is 0.81%, the promoter holding of the company is 74%, so the company currently has a market capitalization of 267.58 Crores. The debt of the company is 62.58 crores in free cash, so the company’s sales growth is 5.69% and profit growth is 6.02%.
Mishra Dhatu Nigam share current status of
If we take information about the returns of the company for the last 5 years, mishra dhatu nigam share company has given 101% returns to its investors in the last 6 months, whereas in the last 1 year the company has given 103% returns, in the last 3 years 24%. The company has received and given returns of 21% in the last 5 years, which means the company has not disappointed its investors, and if we look at the ROCE of the last 3 years of the company, it is recorded at 20%.
Company’s major contribution in Aditya L1
mishra dhatu nigam share If we look at the current price status of the company, currently this share is trading at ₹ 411 and its 52 week high level of ₹ 426 and 52 week low level of ₹ 172, according to the information received by the company. Aditya L1, ISRO’s Sun Mission, has been launched on September 2. The critical material used specifically for the Aditya L1 mission has been provided by the company.
After the success of ISRO’s chandrayaan-3 mission, now Aditya has also launched L1, so the share of all the companies that have contributed in this has increased tremendously and now for Aditya L1, mishra dhatu nigam share has contributed more. Under which, after the failure of Russia’s moon mission, these companies are more likely to get maximum orders from all the foreign space agencies.
mishra dhatu nigam share The quarterly results that the company had presented in June 2023 were weaker than the results of March 2023 and if we look at the annual results, the company has good growth on an annual basis but the company had presented weak quarterly results because the company There were less orders but now the company can present better results in the next quarter, under this the share may definitely be successful in crossing its 52 week high level.
Disclaimer [ disclaimer ] The purpose of the news you read is only to inform you. Akhandindia.com.in Does not advise investing in the stock market at all. Share market is subject to risk, so take expert opinion before investing.
READ MORE-170 shares get four new orders worth Rs 8,398 crore
