{"id":245606,"date":"2026-09-15T10:18:43","date_gmt":"2026-09-15T04:48:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=245606"},"modified":"2026-09-15T10:18:43","modified_gmt":"2026-09-15T04:48:43","slug":"why-mishra-dhatu-nigam-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/","title":{"rendered":"MIDHANI Share Price Falls 5.23% Today: Mishra Dhatu Nigam (MIDHANI) Stock Analysis"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/midhani\/mishra-dhatu-nigam-ltd-share-price-today\">Mishra Dhatu Nigam (MIDHANI)<\/a>share price fell to Rs 424.4 today, down 5.23% from the previous close. Market cap was Rs 8,389.09 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">MIDHANI Share Price fell to Rs 424.4 on 15 September 2026, down 5.23% for the day, taking Mishra Dhatu Nigam &#8216;s market capitalisation to Rs 8,389.09 crore. The stock opened at Rs 445.05 against a previous close of Rs 447.8 and moved within an intraday range of Rs 420.6 to Rs 450.<\/p>\n<p>That move has put MIDHANI Share Price Today firmly in focus across Stock Market Today searches because the decline is sizeable, the stock sits in the Mid Cap category, and valuation metrics remain meaningfully above several industry benchmarks. The supplied data confirms the share price fall and the sharp intraday move, but it does not establish a company-specific catalyst for why the stock is falling today.<\/p>\n<p>For investors tracking MIDHANI Stock News and MIDHANI Share News, the key questions now are straightforward: what today\u2019s price action says, whether the stock still trades near important technical reference points, how the valuation compares with the Iron &#038; Steel industry, and how profitability stacks up against major listed peers. This Univest analysis focuses only on those verified numbers.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Mishra_Dhatu_Nigam_MIDHANI_Share_Price_Today_Price_Action_Analysis\" title=\"Mishra Dhatu Nigam (MIDHANI) Share Price Today: Price Action Analysis\">Mishra Dhatu Nigam (MIDHANI) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Mishra_Dhatu_Nigam_MIDHANI_Fundamental_Analysis\" title=\"Mishra Dhatu Nigam (MIDHANI) Fundamental Analysis\">Mishra Dhatu Nigam (MIDHANI) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Why_Investors_Are_Watching_MIDHANI\" title=\"Why Investors Are Watching MIDHANI\">Why Investors Are Watching MIDHANI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#About_MIDHANI\" title=\"About MIDHANI\">About MIDHANI<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Track_MIDHANI_Share_Price_on_Univest\" title=\"Track MIDHANI Share Price on Univest\">Track MIDHANI Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Why_is_MIDHANI_Share_Price_falling_today\" title=\"Why is MIDHANI Share Price falling today?\">Why is MIDHANI Share Price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#What_is_MIDHANI_Share_Price_today\" title=\"What is MIDHANI Share Price today?\">What is MIDHANI Share Price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#What_does_todays_intraday_range_indicate_for_MIDHANI\" title=\"What does today\u2019s intraday range indicate for MIDHANI?\">What does today\u2019s intraday range indicate for MIDHANI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#Is_MIDHANI_expensive_compared_with_its_industry_valuation\" title=\"Is MIDHANI expensive compared with its industry valuation?\">Is MIDHANI expensive compared with its industry valuation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#How_profitable_is_Mishra_Dhatu_Nigam_based_on_current_ratios\" title=\"How profitable is Mishra Dhatu Nigam based on current ratios?\">How profitable is Mishra Dhatu Nigam based on current ratios?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#What_do_EPS_book_value_and_dividend_yield_show_for_MIDHANI\" title=\"What do EPS, book value and dividend yield show for MIDHANI?\">What do EPS, book value and dividend yield show for MIDHANI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#How_large_is_MIDHANI_compared_with_the_industry\" title=\"How large is MIDHANI compared with the industry?\">How large is MIDHANI compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#How_does_MIDHANI_compare_with_major_listed_steel_peers\" title=\"How does MIDHANI compare with major listed steel peers?\">How does MIDHANI compare with major listed steel peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-mishra-dhatu-nigam-share-price-fall-today-2026\/#What_should_investors_monitor_next_in_MIDHANI_Stock_News\" title=\"What should investors monitor next in MIDHANI Stock News?\">What should investors monitor next in MIDHANI Stock News?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Mishra_Dhatu_Nigam_MIDHANI_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Mishra Dhatu Nigam (MIDHANI) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 424.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 447.8<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 23.40 (-5.23%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 445.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 450<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 420.6<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 2.36 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,389.09 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Mid Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>MIDHANI Share Price Today reflects a clear negative session, with the stock at Rs 424.4 versus the previous close of Rs 447.8, a decline of Rs 23.4 or 5.23%. The session began at Rs 445.05, close to the prior close, but the stock later touched a day high of Rs 450 before sliding to a day low of Rs 420.6. That sequence points to selling pressure after the open rather than a gap-down collapse at the start of trade.<\/p>\n<p>Turnover stood at Rs 2.36 crore at the time of the data snapshot, showing that the price move was accompanied by active value turnover. With a market capitalisation of Rs 8,389.09 crore, Mishra Dhatu Nigam remains a Mid Cap name, which can often draw sharp attention when price action weakens by more than 5% in a single session.<\/p>\n<p>For anyone searching MIDHANI Share Price Live or MIDHANI Share Price Update, the main takeaway is that the stock lost ground through the session and ended up much closer to the day\u2019s low than the day\u2019s high. The next step is to place that move against the stock\u2019s available technical markers and then compare it with its financial profile.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mishra_Dhatu_Nigam_MIDHANI_Fundamental_Analysis\"><\/span><strong>Mishra Dhatu Nigam (MIDHANI) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,389.09 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">62.16x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">5.42x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.17%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 7.2<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 82.65<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.47%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Mishra Dhatu Nigam\u2019s fundamentals provide useful context because the stock is not priced like a low-multiple industry laggard. MIDHANI Share Price is currently trading at a P\/E ratio of 62.16 and a P\/B ratio of 5.42, while the company\u2019s return ratios are more moderate, with ROE at 8.92% and ROCE at 12.17%. That combination matters because it shows investors are paying a relatively high valuation multiple compared with the company\u2019s current profitability profile.<\/p>\n<p>EPS stands at 7.2, which indicates the earnings attributable to each share based on the supplied data. Book value per share is Rs 82.65, offering the accounting net worth base behind each share, while the dividend yield is 0.47%, reflecting a modest historical payout relative to the current stock price. With a market cap of Rs 8,389.09 crore, MIDHANI Market Cap places it around the industry average scale but well above the industry median.<\/p>\n<p>In practical terms, MIDHANI Fundamental Analysis suggests investors are paying a premium multiple for a business generating single-digit ROE and low-double-digit ROCE. That does not by itself explain today\u2019s decline, but it does explain why MIDHANI Stock Analysis increasingly centres on valuation discipline when the share price weakens.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Iron &amp; Steel<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Steel &amp; Iron Products<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">62.16x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">20.65x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">36.99x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">0.49x to 647.43x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">5.42x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.65x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.25x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">8.92%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.41%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">2.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.17%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">12.32%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.87%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,389.09 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 311.26 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 8,002.98 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Mishra Dhatu Nigam operates in the Iron &#038; Steel sector and the Steel &#038; Iron Products industry, so the most useful comparison is the supplied same-industry benchmark. Across 140 companies in this benchmark scope, MIDHANI Share Price carries a P\/E of 62.16 against a median of 20.65 and an average of 36.99. The industry P\/E range is wide, from 0.49 to 647.43, but MIDHANI still stands materially above both the median and average.<\/p>\n<p>The valuation gap is similar on price-to-book. MIDHANI\u2019s P\/B ratio of 5.42 compares with an industry median of 1.65 and an average of 2.25 across 139 companies, while the broader range runs from -16.93 to 22.65. On profitability, ROE of 8.92% is slightly below the industry median of 9.41% but above the average of 2.4% across 137 companies. ROCE of 12.17% is just below the median of 12.32% and above the average of 9.87%.<\/p>\n<p>Size-wise, the company\u2019s market capitalisation of Rs 8,389.09 crore sits above the industry median of Rs 311.26 crore and slightly above the average of Rs 8,002.98 crore, within a very broad range of Rs 4.12 crore to Rs 3,09,961.29 crore. For MIDHANI Latest News readers, the sector message is clear: the stock is valued well above typical industry multiples, while profitability is closer to industry mid-range than industry leadership.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jswsteel\/jsw-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>JSW Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JSWSTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3,09,961.29<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">28.54<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.67<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tatasteel\/tata-steel-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Tata Steel<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">TATASTEEL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2,28,259.99<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20.69<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">2.22<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">11.44<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">12.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/sail\/steel-authority-of-india-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Steel Authority Of India<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">SAIL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">73,936.4<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.31<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1.19<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.08<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/welcorp\/welspun-corp-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Welspun Corp<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">WELCORP<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">70,596.97<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">30.57<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.37<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.55<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">23.94<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jsl\/jindal-stainless-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Jindal Stainless<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">JSL<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">62,260.17<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.16<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">3.04<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">17.51<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">19.19<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The peer set reinforces that contrast. Against large listed names such as JSW Steel, Tata Steel, Steel Authority of India, Welspun Corp and Jindal Stainless, MIDHANI Share Price is associated with one of the highest valuation multiples in the group. MIDHANI\u2019s P\/E of 62.16 is far above JSW Steel\u2019s 12.51, Tata Steel\u2019s 20.69, SAIL\u2019s 17.31, Welspun Corp\u2019s 30.57 and Jindal Stainless\u2019 19.16.<\/p>\n<p>On profitability, MIDHANI\u2019s ROE of 8.92% is below JSW Steel\u2019s 28.54%, Tata Steel\u2019s 11.44%, Welspun Corp\u2019s 19.55% and Jindal Stainless\u2019 17.51%, though above SAIL\u2019s 5.66%. ROCE of 12.17% is close to Tata Steel\u2019s 12.7% but below JSW Steel\u2019s 20.67%, Welspun Corp\u2019s 23.94% and Jindal Stainless\u2019 19.19%, while remaining above SAIL\u2019s 7.08%.<\/p>\n<p>The market-cap gap is also large. MIDHANI\u2019s Rs 8,389.09 crore valuation is much smaller than JSW Steel at Rs 3,09,961.29 crore, Tata Steel at Rs 2,28,259.99 crore, SAIL at Rs 73,936.4 crore, Welspun Corp at Rs 70,596.97 crore and Jindal Stainless at Rs 62,260.17 crore. In short, MIDHANI Share Price appears premium-valued relative to several bigger peers with stronger return ratios, which is why today\u2019s price action is drawing attention.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_MIDHANI\"><\/span><strong>Why Investors Are Watching MIDHANI<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>The stock declined 5.23% to Rs 424.4 from the previous close of Rs 447.8.<\/li>\n<li>Intraday movement from Rs 450 to Rs 420.6 shows a sharp reversal after the open.<\/li>\n<li>P\/E of 62.16 and P\/B of 5.42 stand above same-industry medians and averages.<\/li>\n<li>ROE of 8.92% and ROCE of 12.17% are not matching that valuation premium decisively.<\/li>\n<li>Its Rs 8,389.09 crore market cap keeps it visible within the Iron &#038; Steel peer set.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_MIDHANI\"><\/span><strong>About MIDHANI<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mishra Dhatu Nigam is classified within the Iron &#038; Steel sector and the Steel &#038; Iron Products industry. Based on the supplied classification data, MIDHANI Company News sits within a sector that includes large diversified players such as JSW Steel, Tata Steel, SAIL, Welspun Corp and Jindal Stainless, but its own market capitalisation of Rs 8,389.09 crore places it in a much smaller size bracket than those leaders.<\/p>\n<p>That industry context matters for MIDHANI Stock Performance because investors often compare valuation multiples and return ratios across the same operating universe. On Univest, the stock currently stands out more for its premium valuation versus industry norms than for sector-leading scale.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_MIDHANI_Share_Price_on_Univest\"><\/span><strong>Track MIDHANI Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use<a href=\"https:\/\/univest.in\/stocks\/midhani\/mishra-dhatu-nigam-ltd-share-price-today\">Mishra Dhatu Nigam (MIDHANI) live share-price page<\/a>,<a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>,<a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a>to review live stock data, top decliners and related market analysis.<\/p>\n<p>On Univest, investors can track MIDHANI Share Price, MIDHANI Share Price Today, market capitalisation, valuation ratios, profitability metrics, peer comparison and 52-week tracking tools in one place. Univest also helps users follow MIDHANI Stock News, price action trends and broader market insights in a structured format. For those monitoring MIDHANI Share Price Fall moves, Univest offers a quick way to connect live stock data with sector and peer context.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong>&nbsp;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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_MIDHANI_Share_Price_falling_today\"><\/span><strong>Why is MIDHANI Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MIDHANI Share Price fell 5.23% to Rs 424.4 from the previous close of Rs 447.8. The supplied data confirms the decline and intraday weakness, but it does not establish any company-specific catalyst behind today\u2019s move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_MIDHANI_Share_Price_today\"><\/span><strong>What is MIDHANI Share Price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MIDHANI Share Price today is Rs 424.4, down Rs 23.4 or 5.23%. The stock opened at Rs 445.05, touched a high of Rs 450 and a low of Rs 420.6 during the session covered here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_todays_intraday_range_indicate_for_MIDHANI\"><\/span><strong>What does today\u2019s intraday range indicate for MIDHANI?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;The stock traded between Rs 420.6 and Rs 450 after opening at Rs 445.05. Since the current price of Rs 424.4 is closer to the session low, the day\u2019s price action shows clear intraday weakness.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_MIDHANI_expensive_compared_with_its_industry_valuation\"><\/span><strong>Is MIDHANI expensive compared with its industry valuation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;On supplied sector data, MIDHANI\u2019s P\/E is 62.16 versus an industry median of 20.65 and average of 36.99. Its P\/B is 5.42 versus a median of 1.65 and average of 2.25.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_profitable_is_Mishra_Dhatu_Nigam_based_on_current_ratios\"><\/span><strong>How profitable is Mishra Dhatu Nigam based on current ratios?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Mishra Dhatu Nigam reports ROE of 8.92% and ROCE of 12.17%. That places ROE slightly below the industry median of 9.41%, while ROCE is just below the industry median of 12.32%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_EPS_book_value_and_dividend_yield_show_for_MIDHANI\"><\/span><strong>What do EPS, book value and dividend yield show for MIDHANI?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MIDHANI\u2019s EPS is 7.2, showing earnings attributable to each share. Book value stands at Rs 82.65 per share, while dividend yield is 0.47%, indicating a relatively modest historical payout against the current price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_large_is_MIDHANI_compared_with_the_industry\"><\/span><strong>How large is MIDHANI compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MIDHANI has a market capitalisation of Rs 8,389.09 crore and is classified as a Mid Cap stock. That is above the same-industry median market cap of Rs 311.26 crore and slightly above the average of Rs 8,002.98 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_MIDHANI_compare_with_major_listed_steel_peers\"><\/span><strong>How does MIDHANI compare with major listed steel peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;MIDHANI\u2019s P\/E of 62.16 is above JSW Steel\u2019s 12.51, Tata Steel\u2019s 20.69, SAIL\u2019s 17.31, Welspun Corp\u2019s 30.57 and Jindal Stainless\u2019 19.16. Its ROE and ROCE are also below several of these peers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_investors_monitor_next_in_MIDHANI_Stock_News\"><\/span><strong>What should investors monitor next in MIDHANI Stock News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Investors may watch whether MIDHANI sustains above or below today\u2019s low of Rs 420.6, how valuation holds against industry benchmarks, and whether future MIDHANI Stock News supports its premium P\/E and P\/B multiples.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mishra Dhatu Nigam Share Price falls to Rs 424.4. marking a 5.23% fall today. Market cap stands at Rs 8,389.09 crore.<\/p>\n","protected":false},"author":29,"featured_media":245605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-245606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["245605"],"rank_math_title":["MIDHANI Share Price Today: Price Fall and Valuation Check"],"rank_math_description":["MIDHANI Share Price fell 5.23% to Rs 424.4. Track today's price action, valuation, fundamentals, sector benchmarks and peer analysis."],"rank_math_focus_keyword":["MIDHANI Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/MIDHANI_Share_Price_Falls_523_Today_Mishra_Dhatu_Nigam_MIDHANI_Stock_Analysis_bearish.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/245606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=245606"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/245606\/revisions"}],"predecessor-version":[{"id":245607,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/245606\/revisions\/245607"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/245605"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=245606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=245606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=245606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}