Mishra Dhatu Nigam Limited (MIDHANI) was established in the year 1973 under Ministry of Defence as Government of India Enterprise. The production unit of MIDHANI, located at Kanchanbagh, Hyderabad, was commissioned in the year 1982. MIDHANI has been set up with a view to achieve self-reliance in production and supply of various super alloys, special steels, materials to Defence, other Strategic Sectors for Nuclear, aeronautical and Space applications. The guiding factors for setting up of MIDHANI were the demand for Defence oriented technologies, which come under the national priorities.

Business area of the company

The company is engaged in the business of manufacturing of superalloys, titanium, special purpose steel and other special metals.

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Market Cap	4,583 Cr		EPS	9.3		High	248.9
Stock P/E	26.2		Net Profit Margin	18.5		Low	243

Market Cap	4,583 Cr	ROE	15.6%
P/E Ratio(TTM)	26.2	EPS(TTM)	9.4
P/B Ratio	3.7	Dividend Yield	1.3%
Industry P/E	22.6	Book Value	66.3
		Face Value	10.0