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Last Updated : Apr 04, 2018 10:33 AM IST | Source: Moneycontrol.com

Mishra Dhatu Nigam opens lower, falls over 4% to Rs 86.05

The stock price fell as much as 4.4 percent in morning to hit a day's low of Rs 86.05 while it touched an intraday high of Rs 90.90.

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Mishra Dhatu Nigam share price opened lower at Rs 87 on the National Stock Exchange, down 3.3 percent compared to the issue price of Rs 90.

The stock price fell as much as 4.4 percent in morning to hit a day's low of Rs 86.05 while it touched an intraday high of Rs 90.90.

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 10:33 am
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