Tag: Mishra Dhatu Nigam
- 15 Sep
Mishra Dhatu Nigam Shares Rise 3% on Positive Commentary from Management
MIDHANI shares rose 3 percent on September 15 on positive commentary from the management. The company has already booked orders of Rs 600 crore with a target revenue of Rs 1,200 crore in FY24. The FY24 contribution from the space segment will be approximately 30 percent and the company sees incremental revenue of Rs 300 crore from newly commissioned facilities. The company's margin range is currently 30-35 percent and is likely to remain in the same range like last year.