Business Standard

Monday, December 23, 2024 | 03:19 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Mishra Dhatu Nigam shares soar 10% on record sales in FY21

For the first nine months (April-December) of FY21, MIDHANI had posted an 8 per cent YoY decline in sales at Rs 464 crore

iron ore, mining, steel, iron, mines, metals
Premium

SI Reporter Mumbai
Shares of Mishra Dhatu Nigam (MIDHANI) rose 10 per cent to Rs 193.70 on the BSE in intra-day trade on Thursday after the company said it has recorded the highest ever provisional sales of Rs 810 crore for the financial year 2020-21 (FY21). The state-owned mining company had posted sales worth Rs 712.88 crore for FY 2019-20 (FY20).

For the January-March quarter (Q4FY21), the company reported a 67 per cent year-on-year (YoY) jump in provisional sales at Rs 346 crore against Rs 207 crore in the corresponding quarter of the previous fiscal. For the first nine months (April-December) of FY21, MIDHANI

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in