DSIJ Mindshare

The shares of the company have an ROE of 71 per cent and a ROCE of 103 per cent. The stock has delivered mind-boggling returns for investors, generating multibagger returns of 1,710 per cent in just 6 months, 3,270 per cent in 1 year, 16,600 per cent in 3 years, and over 33,000 per cent in 1 decade.

The company has a market cap of Rs 1,288.13 crore with a 5-year stock price CAGR of 24 per cent. The promoters of the company own 45.63 per cent of the shares, while FIIs own 5.16 per cent and DIIs own 0.12 per cent. The remaining 49.09 per cent of the shares are owned by the general public. Additionally, the stock is trading at 0.38 times its book value of Rs 676.

Earlier, MIDHANI played a vital role in the successful launch of the Chandrayaan-3 Mission. MIDHANI developed and supplied critical materials for the LVM3 M4, a three-stage heavy lift launch vehicle used in the lunar mission.

On Wednesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.23 per cent at 65,995.81 and the NSE Nifty-50 Index up 0.32 per cent at 19,632.55. 

The GIFT Nifty points toward a neutral to slightly favourable opening for the benchmark indices, showing a rise of 24 points. This follows Nifty's recent closure at 19,570 points, experiencing a decrease of 26 points on August 8. Currently, GIFT Nifty futures are positioned at 19,577 points.