Mishra Dhatu Nigam

With this, the order booking position for FY 2023-24 (as on date) is Rs 542 crore, Mishra Dhatu Nigam said in a statement

MIDHANI has zoomed 51 per cent in the past six trading days after reporting a more than three-fold jump in its December quarter net profit

The stock was locked in upper circuit for the second straight day, rising by 10% to Rs 169 on the BSE after the company said it has signed two pacts in DefExpo India-2018.

The stock hit a new high of Rs 151 in intra-day trade on Wednesday, rallied 73% against its offer price of Rs 87 per share to retail investors.

The stock surged 15% to Rs 107, its highest level since listing on April 4, 2018 on the BSE, on back of heavy volumes.

The stock listed at Rs 87, a 3.3% lower against issue price of Rs 90 on the National Stock Exchange and the BSE

At the upper price band, Midhani will be valued at Rs 16.86 billion