Midhani’s OFS to keep share price under pressure in the near term
Bharat Electronics, Cochin Shipyard, Garden Rich Shipyard and Hindustan Aeronautics (HAL) are seen as big beneficiaries from the import ban
We expect Midhani's growth to return in FY22 on the back of higher order inflow from space and defence
In India, it is the only player and has got strong capabilities developed over a period of time through R&D and adopting the best practices
Under the agreement with the Bengaluru-based R&D laboratory, MIDHANI will process nickel titanium shape memory alloys (NiTi-SMAs) on exclusive basis for engineering and bio-medical applications, a release said here.
MIDHANI Chariman & Managing Director, D K Likhi along with Directors handed over the dividend cheque to Defence Minister Manohar Parrikar on January 25, it said in a statement.
Two state-owned firms -- Steel Authority of India (SAIL) and Mishra Dhatu Nigam (Midhani) -- on Thursday signed a pact aimed at developing speciality steel products for use in defence and power sectors.