MIDHANI Share Price Falls 5.23% Today: Mishra Dhatu Nigam (MIDHANI) Stock Analysis

MIDHANI Share Price fell to Rs 424.4 on 15 September 2026, down 5.23% for the day, taking Mishra Dhatu Nigam ‘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.

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.

For investors tracking MIDHANI Stock News and MIDHANI Share News, the key questions now are straightforward: what today’s price action says, whether the stock still trades near important technical reference points, how the valuation compares with the Iron & Steel industry, and how profitability stacks up against major listed peers. This Univest analysis focuses only on those verified numbers.

Mishra Dhatu Nigam (MIDHANI) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 424.4
Previous Close	Rs 447.8
Today's Move	-Rs 23.40 (-5.23%)
Open	Rs 445.05
High	Rs 450
Low	Rs 420.6
Turnover	Rs 2.36 crore
Market Capitalisation	Rs 8,389.09 crore
Market Cap Category	Mid Cap

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.

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.

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’s low than the day’s high. The next step is to place that move against the stock’s available technical markers and then compare it with its financial profile.

Mishra Dhatu Nigam (MIDHANI) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 8,389.09 crore
P/E Ratio	62.16x
P/B Ratio	5.42x
ROE	8.92%
ROCE	12.17%
EPS	Rs 7.2
Book Value Per Share	Rs 82.65
Dividend Yield	0.47%

Mishra Dhatu Nigam’s 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’s 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’s current profitability profile.

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.

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’s decline, but it does explain why MIDHANI Stock Analysis increasingly centres on valuation discipline when the share price weakens.

Sector and Industry Context

Metric	Value
Sector	Iron & Steel
Industry	Steel & Iron Products
Benchmark Scope	same industry
Company P/E Ratio	62.16x
Benchmark Median P/E	20.65x
Benchmark Average P/E	36.99x
Benchmark P/E Range	0.49x to 647.43x
Company P/B Ratio	5.42x
Benchmark Median P/B	1.65x
Benchmark Average P/B	2.25x
Company ROE	8.92%
Benchmark Median ROE	9.41%
Benchmark Average ROE	2.4%
Company ROCE	12.17%
Benchmark Median ROCE	12.32%
Benchmark Average ROCE	9.87%
Company Market Capitalisation	Rs 8,389.09 crore
Benchmark Median Market Cap	Rs 311.26 crore
Benchmark Average Market Cap	Rs 8,002.98 crore

Mishra Dhatu Nigam operates in the Iron & Steel sector and the Steel & 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.

The valuation gap is similar on price-to-book. MIDHANI’s 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%.

Size-wise, the company’s 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.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
JSW Steel	JSWSTEEL	3,09,961.29	12.51	2.97	28.54	20.67
Tata Steel	TATASTEEL	2,28,259.99	20.69	2.22	11.44	12.7
Steel Authority Of India	SAIL	73,936.4	17.31	1.19	5.66	7.08
Welspun Corp	WELCORP	70,596.97	30.57	7.37	19.55	23.94
Jindal Stainless	JSL	62,260.17	19.16	3.04	17.51	19.19

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’s P/E of 62.16 is far above JSW Steel’s 12.51, Tata Steel’s 20.69, SAIL’s 17.31, Welspun Corp’s 30.57 and Jindal Stainless’ 19.16.

On profitability, MIDHANI’s ROE of 8.92% is below JSW Steel’s 28.54%, Tata Steel’s 11.44%, Welspun Corp’s 19.55% and Jindal Stainless’ 17.51%, though above SAIL’s 5.66%. ROCE of 12.17% is close to Tata Steel’s 12.7% but below JSW Steel’s 20.67%, Welspun Corp’s 23.94% and Jindal Stainless’ 19.19%, while remaining above SAIL’s 7.08%.

The market-cap gap is also large. MIDHANI’s 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’s price action is drawing attention.

Why Investors Are Watching MIDHANI

• The stock declined 5.23% to Rs 424.4 from the previous close of Rs 447.8.
• Intraday movement from Rs 450 to Rs 420.6 shows a sharp reversal after the open.
• P/E of 62.16 and P/B of 5.42 stand above same-industry medians and averages.
• ROE of 8.92% and ROCE of 12.17% are not matching that valuation premium decisively.
• Its Rs 8,389.09 crore market cap keeps it visible within the Iron & Steel peer set.

About MIDHANI

Mishra Dhatu Nigam is classified within the Iron & Steel sector and the Steel & 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.

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.

Track MIDHANI Share Price on Univest

UseMishra Dhatu Nigam (MIDHANI) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.

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.

Frequently Asked Questions

Why is MIDHANI Share Price falling today?

Ans. 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’s move.

What is MIDHANI Share Price today?

Ans. 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.

What does today’s intraday range indicate for MIDHANI?

Ans. 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’s price action shows clear intraday weakness.

Is MIDHANI expensive compared with its industry valuation?

Ans. On supplied sector data, MIDHANI’s 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.

How profitable is Mishra Dhatu Nigam based on current ratios?

Ans. 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%.

What do EPS, book value and dividend yield show for MIDHANI?

Ans. MIDHANI’s 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.

How large is MIDHANI compared with the industry?

Ans. 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.

How does MIDHANI compare with major listed steel peers?

Ans. MIDHANI’s P/E of 62.16 is above JSW Steel’s 12.51, Tata Steel’s 20.69, SAIL’s 17.31, Welspun Corp’s 30.57 and Jindal Stainless’ 19.16. Its ROE and ROCE are also below several of these peers.

What should investors monitor next in MIDHANI Stock News?

Ans. Investors may watch whether MIDHANI sustains above or below today’s 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.