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Last Updated : Apr 04, 2018 05:12 PM IST | Source: Moneycontrol.com

Mishra Dhatu Nigam closes tad higher than issue price

The stock touched an intraday high of Rs 91 and low of Rs 86.05 after opening 3.3 percent lower at Rs 87.

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Mishra Dhatu Nigam share price closed tad higher at Rs 90.05 on the National Stock Exchange against the issue price of Rs 90 on Wednesday.

The stock touched an intraday high of Rs 91 and low of Rs 86.05 after opening 3.3 percent lower at Rs 87.

The Rs 438-crore initial public offer of speciality alloy maker Mishra Dhatu Nigam (MIDHANI) was subscribed 1.21 times during March 21-23, 2018.

The IPO is of 48,708,400 shares and is in a price band of Rs 87-90 per share.

MIDHANI is one of the leading manufacturers of special steels, superalloys and only manufacturer of Titanium alloys in India.
First Published on Apr 4, 2018 05:12 pm
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