 "Mishra Dhatu Nigam extends rally on finalising contract worth of Rs 6-bn")
Shares of Mishra Dhatu Nigam(MIDHANI) rallied 8% to Rs 137, extending its 11% gain in past six trading days after the company on Wednesday said it has finalised order worth Rs 6 billion.
The contract for the same is expected to be signed shortly, MIDHANI said.
The company had the order book position of Rs 7.04 billion on 1st October 2018.
Mini-Ratna Defence PSU MIDHANI is one of the leading manufacturers of special steels, superalloys and the only manufacturer of titanium alloys in India. These are high-value products cater to niche end-user segments such as defence space
The contract for the same is expected to be signed shortly, MIDHANI said.
The company had the order book position of Rs 7.04 billion on 1st October 2018.
Mini-Ratna Defence PSU MIDHANI is one of the leading manufacturers of special steels, superalloys and the only manufacturer of titanium alloys in India. These are high-value products cater to niche end-user segments such as defence space
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