Mishra Dhatu Nigam Limited (MIDHANI.BO)
Mishra Dhatu Nigam Limited operates in the Steel industry of the Basic Materials sector, headquartered in Hyderabad, TS, IN. The stock last traded at $416.90, down 6.22% on the session, giving a market capitalisation of $78.20B. Its beta of 0.65 implies it has historically moved less than the broad market.
Mishra Dhatu Nigam Limited (MIDHANI) is an India-based company specializing in the production and supply of high-performance superalloys and various specialized metallic materials. Their extensive product range includes special steels like martensitic, high-strength, austenitic, and precipitation-hardening types, which are crucial for demanding applications. These materials find critical use across diverse industries such as aerospace, power generation, nuclear, defense, cryogenic systems, and general engineering. MIDHANI's offerings also encompass superalloys based on nickel, cobalt, and iron, along with titanium and its alloys, soft magnetic materials, and controlled expansion alloys. They convert these advanced metals into various forms, including bars (standard, bright, and fine wires), hot and cold rolled sheets and strips, and open die forged products. Additionally, the company manufactures investment castings, welding consumables, industrial fasteners, biomedical implants, and specialized armor products. Beyond its domestic market, MIDHANI also engages in international exports. The company was established in 1973 and maintains its headquarters in Hyderabad, India.
Mishra Dhatu Nigam Limited is most often compared with the following Basic Materials names: