New Delhi, Sept. 16 -- Shares of Mishra Dhatu Nigam (MIDHANI) rose by more than 3% during Tuesday's trading session after the firm won a contract worth Rs.136 crore. Currently, MIDHANI's total open order position stands at approximately Rs.1,983 crore.

According to a report by ICICI Direct Research, this contract raises the order backlog to 1983 crore (1.8 times TTM revenue), which ensures medium-term revenue growth visibility. Order inflows have been strong in the year-to-date of FY26, estimated at approximately Rs.650 crore. The management has projected total order inflows of around Rs.1500 crore for the entire fiscal year FY26.

(more to come)

Published by HT Digital Content Services with permission from MINT....