News for Mishra Dhatu Nigam Limited (MIDHANI.NS)

India Business News: Defence sector stocks surged following India's counter-terror operations, with Paras Defence leading the rally at 18.90%. Operation Sindoor, launched

Other companies, such as Mazagon Dock Shipbuilders and Solar Industries, have also played a significant role in the overall market cap gain, contributing Rs 9,971 crore and Rs 6,859 crore, respectively.

India Business News: Defence stocks surged, mirroring broader market optimism fueled by expectations of increased government focus. Axiscades Technologies and Data Pattern

Shares of MTAR Technologies, Zen Technologies jumped over 9% and HAL soared nearly 5%, leading the gainers of defence sector on Monday.

Mishra Dhatu Nigam Ltd. on Tuesday said that it will pay interim dividend of Rs 0.75 against each share held by its investors. The board of directors at its meeting held on Tuesday approved declaration of interim dividend at the rate of 7.50% per equity share of Rs 10 each for the financial year 2024-25, according to the company's exchange filing.

PSU stocks such as Chennai Petroleum Corporation Ltd (CPCL), Mangalore Refinery and Petrochemicals Ltd (MRPL), Cochin Shipyard Ltd, MMTC Ltd, ITI Ltd and Oil India Ltd have led the losers, falling 47-59 per cent.

In the Nifty 50 index, 24 stocks were trading in the green, while 26 stocks were trading in the red.

Uttar Pradesh is set to enhance its defence and space technology infrastructure with three new projects under the Defence Testing Infrastructure Scheme (DTIS). Located in Kanpur and Lucknow, these projects will address critical shortcomings in defence testing. Funded by the Union and state governments, they aim to boost indigenous defence production, with significant investments from MIDHANI, BEL, and HAL. The initiative supports advanced R&D, quality assurance, and the self-reliance mission.

Earlier in June, Adani Defence and Aerospace signed an agreement with French defence company Thales to boost the Make in India and Aatmanirbhar Bharat programmes.

MISHRA DHATU NIGAM SHARES DOWN 3.7% IN PRE-OPEN TRADE AFTER FALL IN QTRLY PROFIT ...

MoD signs MoU with BEML, BEL, and MIDHANI for advanced engine system development, boosting stock prices on NSE.

Stocks to watch: Check out the companies making headlines before the opening bell today, on February 12, 2024.

The 30-share BSE Sensex pack climbed more than 700 points to hit above 71,050 level, while the broader NSE Nifty index moved over 200 points to trade above 21,450.

MIDHANI, a defence PSU, is making strides in the global supply chain by offering critical materials for aerospace manufacturing.

Emerging Nations, Including India, Brazil, China, and West Africa, Fuel Superalloy Market Growth Amidst Increasing Demand for Electrical Power and...

A small positive candle formed on the daily chart with minor upper and lower shadows. Technically, this indicates a side-by-side bull candle type pattern

Driven by its High Strength and Light Weight, Titanium Ore Market Revenue to reach USD 7.51 Billion in 2023 and could grow at 6.50% CAGR between 2023 and...

Benchmark stock indices Sensex and Nifty climbed for a third day in a row, led by continuous foreign inflows and optimistic US market trends following the deal on the US debt ceiling. Nifty gained 100 points or 0.5%, almost reaching 18,600 points, while Sensex rose by 345 points to settle at 62,846.38. Only IT and oil and gas sectors underperformed while Bank Nifty remained bullish. Analysts expect Nifty to witness small profit booking due to a bearish harmonic deep crab pattern that formed on hourly charts, but the market breadth remains bullish.

Buzzing stocks: Adani Ports, Adani Enterprises, Infosys, Wipro, Waffle India, Sejal Glass, Deepak Nitrite, HG Infra, Vikas Lifecare, NHPC, MIC Electronics, Bharat Dynamics, Emami, Gokaldas Exports, GIC, GSFC, Indostar, Infibeam, IEX, IFCI, IRCTC, Mishra Dhatu Nigam, IRFC, Reliance Infra, Strides Pharma, Suen Pharma, TTK Prestiege, Vodafone Idea, Zee Entertainment