Mishra Dhatu Nigam Ltd. (MIDHANI): MIDHANI Share Price hits fresh 52-week high on 10.84% rise
- September 8, 2026
- Posted by: Harsh Piplani
- Category: News
MIDHANI Share Price is trading at Rs 466.1, up 10.84% from the previous close of Rs 420.5, after touching a fresh 52-week high of Rs 467.85. The company’s market capitalisation stands at Rs 7,846.74 crore. Mishra Dhatu Nigam Ltd. (MIDHANI) is drawing attention in Stock Market Today because the latest price move placed the stock at a yearly high while keeping the discussion firmly around verified market data rather than any stated company-specific trigger. As of 08 September 2026 at 10:52 AM IST, the move also places MIDHANI Share Price near the day’s high, with the stock trading at Rs 466.1 after opening at Rs 420.5.
The latest Univest figures show that MIDHANI Stock News is centred on a 52-week high event, a sharp move from the previous close and a market capitalisation that keeps the stock within the current market radar. For readers tracking MIDHANI Share Price Today, the key question is not only what the price did, but also how the move fits into valuation, sector context and peer comparison. Univest places the event in the broader context of MIDHANI News Today, MIDHANI Share Price Live and MIDHANI Stock Analysis.
MIDHANI Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 466.1 |
| Previous Close | Rs 420.5 |
| Today's Move | +Rs 45.6 (+10.84%) |
| Open | Rs 420.5 |
| High | Rs 467.85 |
| Low | Rs 420.5 |
| Turnover | Rs 12.31 crore |
| Market Capitalisation | Rs 7,846.74 crore |
Mishra Dhatu Nigam Ltd. (MIDHANI) traded at Rs 466.1 versus the previous close of Rs 420.5, a rise of 10.84%. The stock opened at Rs 420.5, reached a high of Rs 467.85 and touched a low of Rs 420.5.
MIDHANI Share Price Today shows a clear intraday shift from Rs 420.5 to Rs 466.1, with a gain of Rs 45.6 or 10.84%. The stock opened at Rs 420.5 and also marked the day’s low at Rs 420.5, which means the session began at the same level as the previous close. It then moved up to Rs 467.85, which is both the day’s high and the fresh 52-week high, before trading at Rs 466.1 at the time of this update.
Turnover stands at Rs 12.31 crore, which provides the factual traded-value context for the move without adding any interpretation beyond the number itself. For anyone following MIDHANI Share Price, the key event is straightforward: the stock touched a fresh 52-week peak and stayed close to that level through the latest reading. That makes MIDHANI Share Price Today one of the more closely watched names in MIDHANI NSE and MIDHANI BSE market updates. The next layer of analysis is the company’s fundamentals and how they compare with peers and the sector benchmark.
Mishra Dhatu Nigam Ltd. (MIDHANI) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 7,846.74 crore |
| P/E Ratio | 58.37x |
| P/B Ratio | 5.09x |
| ROE | 8.11% |
| ROCE | 11.37% |
| EPS | Rs 7.2 |
| Book Value Per Share | Rs 82.65 |
| Dividend Yield | 0.3% |
Mishra Dhatu Nigam Ltd. (MIDHANI) fundamental metrics show P/E 58.37x, P/B 5.09x, ROE 8.11%, ROCE 11.37%. These figures provide context only and are not a buy or sell signal.
Mishra Dhatu Nigam Ltd. has a market capitalisation of Rs 7846.74 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 58.37x, P/B at 5.09x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 8.11% and ROCE of 11.37%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 7.2, book value per share of Rs 82.65, dividend yield of 0.3%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 20.44x, median ROE of 9.38%, median ROCE of 12.21%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 58.37x |
| Benchmark Median P/E | 20.44x |
| Benchmark Average P/E | 35.85x |
| Benchmark P/E Range | 0.3x to 559.55x |
| Company P/B Ratio | 5.09x |
| Benchmark Median P/B | 1.65x |
| Company ROE | 8.11% |
| Benchmark Median ROE | 9.38% |
| Company ROCE | 11.37% |
| Benchmark Median ROCE | 12.21% |
| Company Market Capitalisation | Rs 7,846.74 crore |
| Benchmark Median Market Cap | Rs 303.24 crore |
Mishra Dhatu Nigam Ltd. (MIDHANI) is classified under sector: Iron & Steel and industry: Steel & Iron Products.
Mishra Dhatu Nigam Ltd. (MIDHANI) has a P/E ratio of 58.37x, which is above the benchmark median of 20.44x, a difference of +185.57%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Mishra Dhatu Nigam Ltd. (MIDHANI) has a ROE of 8.11%, which is below the benchmark median of 9.38%, a difference of -13.54%. Mishra Dhatu Nigam Ltd. (MIDHANI) has a ROCE of 11.37%, which is below the benchmark median of 12.21%, a difference of -6.88%.
Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Kirloskar Ferrous Industries Ltd. | KIRLFER | 7,592.12 | 21.98 | 1.93 | 13.96 | 12.95 |
| Technocraft Industries (India) Ltd. | TIIL | 7,256.54 | 21.09 | 3.32 | 15.26 | 16.43 |
| Aeroflex Industries Ltd. | AEROFLEX | 7,113.44 | 110.06 | 15.86 | 14.06 | 19.11 |
| Jayaswal Neco Industries Ltd. | JAYNECOIND | 8,656.45 | 15.46 | 2.87 | 17.76 | 20.48 |
| Maharashtra Seamless Ltd. | MAHSEAMLES | 9,221.16 | 12.51 | 1.29 | 10.62 | 14.25 |
Mishra Dhatu Nigam Ltd. (MIDHANI) has a P/E ratio of 58.37x compared with the displayed peer median of 21.09x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 8.11% compares with a peer median of 14.06% across the companies shown in the table. ROCE stood at 11.37% versus the displayed peer median of 16.43%, providing a capital-efficiency comparison. Mishra Dhatu Nigam Ltd. (MIDHANI) has a market capitalisation of Rs 7,846.74 crore. Among the 5 peers shown, 2 have a larger market capitalisation.
Why Investors Are Watching MIDHANI
- MIDHANI Share Price touched a fresh 52-week high of Rs 467.85 during the session.
- The stock is trading at Rs 466.1, up 10.84% from the previous close of Rs 420.5.
- Market capitalisation stands at Rs 7,846.74 crore, which is above the sector median in the benchmark set.
- PE is 58.37 and PB is 5.09, both above the sector medians of 20.44 and 1.65.
- ROE is 8.11% and ROCE is 11.37%, both below the sector medians of 9.38% and 12.21%.
About MIDHANI
Mishra Dhatu Nigam Ltd. operates in the Iron & Steel sector and the Steel & Iron Products industry. MIDHANI Share Price is therefore linked to a company profile that the market reads through sector classification, valuation ratios and financial results. The stock is listed on NSE and BSE, and the latest Univest data places MIDHANI in a benchmark universe of 139 same-industry companies and 155 same-sector companies.
For readers following MIDHANI Company News, this section helps connect the company’s market identity with its current share price behaviour. MIDHANI Share Price Today can be tracked alongside the same sector, peer set and financial ratios to see how the market is pricing the business relative to other listed names in the Steel & Iron Products space.
Frequently Asked Questions
Why is MIDHANI Share Price in the news today?
Ans. MIDHANI Share Price is in the news because it touched a fresh 52-week high of Rs 467.85 and was trading at Rs 466.1, up 10.84% from the previous close of Rs 420.5.
What is MIDHANI Share Price Today?
Ans. MIDHANI Share Price Today is Rs 466.1. The stock opened at Rs 420.5, hit a high of Rs 467.85 and was last seen near that level in the current market update.
What was MIDHANI’s previous close?
Ans. MIDHANI’s previous close was Rs 420.5. The difference between that level and the latest price of Rs 466.1 equals a gain of Rs 45.6, or 10.84%.
What is the 52-week high for MIDHANI Share Price?
Ans. The fresh 52-week high for MIDHANI Share Price is Rs 467.85. The latest price of Rs 466.1 is just below that mark, keeping the stock near its yearly high.
What is MIDHANI’s market capitalisation?
Ans. MIDHANI’s market capitalisation stands at Rs 7,846.74 crore. That places it above the sector median in the comparison set and below the sector average of Rs 8,195 crore.
How is MIDHANI valued on PE and PB?
Ans. MIDHANI trades at a PE of 58.37 and a PB of 5.09. Both are above the sector medians of 20.44 and 1.65, which places valuation in a higher range than the benchmark.
What do MIDHANI’s ROE and ROCE show?
Ans. MIDHANI’s ROE is 8.11% and ROCE is 11.37%. Both ratios are positive, but each is below the sector medians of 9.38% and 12.21% in the same-industry benchmark.
Should investors track MIDHANI Share Price on Univest?
Ans. Yes, readers can track MIDHANI Share Price on Univest for live price movement, 52-week levels, market cap, PE, PB, ROE, ROCE and sector comparison in one view. It keeps MIDHANI Stock Analysis organised.
Track MIDHANI Share Price on Univest
Use Mishra Dhatu Nigam Ltd. (MIDHANI) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.
Track MIDHANI Share Price on Univest for live share price updates, valuation ratios, market cap, 52-week levels, sector context and peer comparison. Univest also helps readers follow MIDHANI Share News, MIDHANI Stock News and MIDHANI Share Price Live in one place.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
