Highest expenditure on R&D and CSR
MIDHANI‘s unaudited provisional figures for FY 2018-19 indicate that the expenditure towards R&D and CSR activities are highest ever incurred by the PSU in any financial year. As the performance for the FY 2018 19 is consolidated, online stock market expert ‘Equity Bulls’ believe the PSU to achieve “Excellent” ruling against the “Very Good” rating secured for the FY 2017-18.
‘Bright year ahead’
MIDHANI has started FY 2019-20 with a healthy order book of Rs 1657 Cr. as on 1st April 2019 as against Rs 520 Cr as on 1st April 2018 for the corresponding period of the previous year (FY 2018-19). Shares of Mishra Dhatu Nigam Ltd was last trading in BSE at Rs 143 as compared to the previous close of Rs 141.05. The total number of shares traded during the day, on April 2, was 23423 in over 540 trades.