Mishra Dhatu Nigam Ltd
MIDHANIMishra Dhatu Nigam Ltd's earnings have outrun its stock. EPS grew +18.6% in a year against a −2.7% price move.
The sharpest disagreement: Domestic institutions moved −2.0 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced.
The price is in a confirmed uptrend (9 weeks in) while the P/E sits at the 63rd percentile of its own 6-year range. Underneath, the last four quarters read improving — profit +39.3% year on year, and 176% of the last 3 years' profit arrived as cash. What settles it: whether the register turns back in the story’s favour.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Mishra Dhatu Nigam Ltd trades at ₹408, in a confirmed uptrend and 9 weeks into that stage. That is +7.2% against its own 200-day average. It sits at 74% of a 52-week range of ₹287 to ₹450. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (2 weeks and counting).
Today the stock is in a confirmed uptrend — week 9 of stage 2, confirmed. At ₹408 it trades +7.2% versus its 200-day average and sits at 74% of its 52-week range (₹287–₹450).
Against the market, two honest reads. Cumulative: over the last 8.3 years the stock moved +353% while the NIFTY 500 moved +153% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (2 weeks and counting; last ahead the week of 2026-07-03) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 63rd percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Mishra Dhatu Nigam Ltd trades at 56.0× P/E, mid-range by its own standards (63rd percentile). Its long-run median P/E is 42.4×, measured across 6.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 56.0× is mid-range by its own standards (63rd percentile), against a long-run median of 42.4× measured over 6.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +18.6% against a −2.7% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +15.4%/yr price move, ~−4.5%/yr came from earnings growth and ~+19.9 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Improving Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Mishra Dhatu Nigam Ltd reads as improving on its fundamental arc. Improving — profit growth bottomed 7 quarters ago at −41.4% and has held its recovery at +18.9%, ROCE holding at 9.1%. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: a sustained climb off the trough is the setup this page is built to catch — the question moves to what you pay for it.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +12.6% | +11.5% | +8.3% | — |
| Profit | +18.0% | −5.7% | −4.6% | — |
| EPS | +18.6% | −5.6% | −4.6% | — |
| Share price | −2.7% | +9.2% | +15.4% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
45.1/100 — rank 16 of 24 in Aerospace & Defence - Equipments · 96% evidence confidence
Mishra Dhatu Nigam Ltd scores 45.1 out of 100 against the 24 companies it is compared with in Aerospace & Defence - Equipments, ranking 16. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 16.1 + 13.9 + 7.3 + 7.8 = 45.1. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Mishra Dhatu Nigam Ltd reported ₹553 Cr of revenue in the Mar 26 quarter, +34.5% year on year. That is the 2nd straight quarter of year-on-year growth. Over 7 years it has compounded at 7.9% a year. The last full year, FY26, came in at ₹1,209 Cr. The last four reported quarters add to ₹1,209 Cr.
Mishra Dhatu Nigam Ltd reported ₹553 Cr of revenue in the Mar 26 quarter, +34.5% year on year. That is the 2nd straight quarter of year-on-year growth. Over 7 years it has compounded at 7.9% a year. The last full year, FY26, came in at ₹1,209 Cr. The last four reported quarters add to ₹1,209 Cr.
FY26 revenue came in at ₹1,209 Cr (+12.6% on the year), capping 7 years at 7.9% compound. The latest quarter (Mar 26) printed ₹553 Cr, +34.5% year on year — the 2nd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +8.8% growth against the decade's 7.9% — the current year is running in line with its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +12.6% over the last 4 quarters against +6.1%/yr over the last 8 — accelerating; TTM profit +18.9% vs +19.8%/yr — stabilising.
→ Revenue grew — did margins hold as it scaled? Next: 21.0% this quarter (−2.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Mishra Dhatu Nigam Ltd's operating margin is 21.0% in the Mar 26 quarter, −2.0 percentage points against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 18.0% to 31.0%. The current quarter sits inside that band.
Mishra Dhatu Nigam Ltd's operating margin is 21.0% in the Mar 26 quarter, −2.0 percentage points against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 18.0% to 31.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 21.0%, −2.0 pp against the same quarter a year ago. Across 8 fiscal years the operating margin has ranged 18.0%–31.0%.
🚨 Why the margin moved: operating margin went −1.7 pp year on year while gross margin went −8.5 pp — the loss came mostly from the gross line: input costs and pricing.
→ Margins slipped — did that reach the bottom line? Next: profit +39.3% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Mishra Dhatu Nigam Ltd earned ₹78.0 Cr of net profit in the Mar 26 quarter, +39.3% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹131 Cr. The 7-year compound rate is 0.0%. That is 14.1% of the quarter's revenue. The same quarter a year earlier earned ₹56.0 Cr.
Mishra Dhatu Nigam Ltd earned ₹78.0 Cr of net profit in the Mar 26 quarter, +39.3% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹131 Cr. The 7-year compound rate is 0.0%. That is 14.1% of the quarter's revenue. The same quarter a year earlier earned ₹56.0 Cr.
Mar 26 profit was ₹78.0 Cr, +39.3% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹131 Cr (+18.0%), and the 7-year compound rate is 0.0%.
Why profit moved: revenue contributed +34.5% and the margin −2.0 pp — the quarter was revenue-led despite a thinner margin.
Pace comparison, last four quarters: profit +40.3% vs revenue +8.8%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: 176% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 176% of Mishra Dhatu Nigam Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹155 Cr of operating cash against ₹131 Cr of profit. After ₹49.0 Cr of capital spending, ₹106 Cr was left as free cash.
FY26: operating cash of ₹155 Cr against reported profit of ₹131 Cr, leaving free cash of ₹106 Cr after ₹49.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 176% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 176%: the cash cycle tightened 385 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 1,022-day cycle and ₹174 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Mishra Dhatu Nigam Ltd's cash conversion cycle runs 1,022 days in FY26, down from 1,407 days in FY21. Capital spending ran ₹174 Cr over the last 3 years. At FY26 sales of ₹1,209 Cr each day of that cycle holds about ₹3.3 Cr, so roughly ₹3,385 Cr sits inside the business at any moment.
FY26: debtors at 167 days, inventory at 935 days — roughly 30.8 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 1,022 days, tighter than FY21's 1,407.
The full loop: cash goes out to suppliers and production on day 0; stock waits 935 days to sell; customers pay about 167 days after that; and suppliers themselves are paid at 80 days — netting out to the 1,022-day cycle.
In money terms: at FY26 sales of ₹1,209 Cr, each day of the cycle holds about ₹3.3 Cr — so the 1,022-day loop keeps roughly ₹3,385 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹174 Cr over the last 3 fiscal years against ₹188 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹16.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 11% and the ROIC − WACC spread is −5.1 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Mishra Dhatu Nigam Ltd earns a ROCE of 11% in FY26. That is up from a trough of 9% in FY24. Return on invested capital clears the cost of that capital by −5.1 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 10.8% net margin on 0.38× asset turns.
FY26 ROCE is 11%, recovered from a FY24 trough of 9% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 10.8% net margin × 0.38× asset turns × 2.10× balance-sheet leverage ≈ 8.6% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 6.9% − 12.0% = a −5.1 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.27.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Mishra Dhatu Nigam Ltd carries total debt of ₹407 Cr against shareholder equity of ₹1,532 Cr as of Mar 26, a debt-to-equity of 0.27 — effectively unlevered. On the annual view that ratio went from 0.30 in FY22 to 0.27 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹407 Cr against shareholder equity of ₹1,532 Cr — a debt-to-equity of 0.27. On the annual view, debt-to-equity went from 0.30 (FY22) to 0.27 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: Domestic institutions cut 2.0 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions cut 2.0 points of Mishra Dhatu Nigam Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 7.4% of the company. Foreign institutions moved +1.3 points over the same window, to 2.6%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: −2.0 points over 8 quarters to 7.4%; Foreign institutions: +1.3 points over 8 quarters to 2.6%; Promoters: +0.0 points over 8 quarters to 74.0%.
🚨 Why the register moved: domestic institutions drove it (−2.0 points), absorbed on the other side by foreign institutions (+1.3 points) — distribution into the market’s bid.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Mishra Dhatu Nigam Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Mishra Dhatu Nigam Ltd this page | 56.0× | ₹7,357 Cr | Mixed | |||
| Hindustan Aeronautics Ltd | 33.6× | ₹3.1L Cr | Consistent | |||
| Bharat Electronics Ltd | 48.8× | ₹3L Cr | Mixed | |||
| Bharat Dynamics Ltd | 108.0× | ₹45,564 Cr | Deteriorating | |||
| Data Patterns (India) Ltd | 104.0× | ₹25,666 Cr | Turning around | |||
| MTAR Technologies Ltd | 184.0× | ₹17,856 Cr | Improving | |||
| Astra Microwave Products Ltd | 89.2× | ₹17,217 Cr | Mixed | |||
| Zen Technologies Ltd | 87.9× | ₹15,970 Cr | Deteriorating | |||
| Azad Engineering Ltd | 119.0× | ₹15,751 Cr | Mixed | |||
| Aequs Ltd | — | ₹15,374 Cr | — | — | — | — |
| Apollo Micro Systems Ltd | 130.0× | ₹14,652 Cr | Mixed | |||
| BEML Ltd | 101.0× | ₹14,269 Cr | Mixed | |||
| Sigma Advanced System Ltd | 35.7× | ₹9,911 Cr | No read | |||
| Paras Defence and Space Technologies Ltd | 112.0× | ₹9,632 Cr | Mixed | |||
| Dynamatic Technologies Ltd | 142.0× | ₹7,102 Cr | Turning around | |||
| AXISCADES Technologies Ltd | 86.6× | ₹6,839 Cr | Mixed | |||
| AXISCADES Technologies Ltd | 82.5× | ₹6,520 Cr | Topping out | |||
| Avantel Ltd | 253.0× | ₹4,344 Cr | Deteriorating | |||
| Ideaforge Technology Ltd | — | ₹4,326 Cr | No read | |||
| Rossell Techsys Ltd | 164.0× | ₹3,707 Cr | No read | |||
| Sika Interplant Systems Ltd | 68.8× | ₹2,416 Cr | Mixed | |||
| NIBE Ltd | 414.0× | ₹2,332 Cr | Turning around | |||
| Jaykay Enterprises Ltd | 32.1× | ₹2,152 Cr | No read | |||
| DCX Systems Ltd | — | ₹2,013 Cr | Deteriorating | |||
| Sika Interplant Systems Ltd | 49.4× | ₹1,813 Cr | Mixed | |||
| Vinyas Innovative Technologies Ltd | 51.9× | ₹1,602 Cr | No read |
Frequently asked questions
What is Mishra Dhatu Nigam Ltd's share price today?
Mishra Dhatu Nigam Ltd trades at ₹408, −2.7% over the past year. The company is valued at ₹7,357 Cr. The stock sits at 74% of its 52-week range of ₹287–₹450, +7.2% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 9 weeks in. — as of 24 July 2026.
What were Mishra Dhatu Nigam Ltd's latest quarterly results?
Mishra Dhatu Nigam Ltd reported revenue of ₹553 Cr and net profit of ₹78.0 Cr for the Mar 26 quarter. Revenue rose 34.5% and profit rose 39.3% year on year. Earnings per share were ₹4.16. The operating margin was 21.0%, 2.0 pp lower than a year earlier. — as of 24 July 2026.
What is Mishra Dhatu Nigam Ltd's revenue?
Mishra Dhatu Nigam Ltd reported revenue of ₹553 Cr in the Mar 26 quarter, +34.5% year on year. For the full FY26 fiscal year, revenue was ₹1,209 Cr (+12.6%). Over the last 7 years revenue compounded at 7.9% a year. — as of 24 July 2026.
What is Mishra Dhatu Nigam Ltd's profit?
Mishra Dhatu Nigam Ltd earned ₹78.0 Cr of net profit in the Mar 26 quarter, +39.3% year on year — the 2nd straight quarter of growth. Full-year FY26 profit was ₹131 Cr. The operating margin ran 21.0% in the latest quarter. — as of 24 July 2026.
What is Mishra Dhatu Nigam Ltd's market cap?
Mishra Dhatu Nigam Ltd's market capitalisation is ₹7,357 Cr at a share price of ₹408. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Mishra Dhatu Nigam Ltd's P/E ratio?
Mishra Dhatu Nigam Ltd trades at a P/E of 56.0×, at the 63rd percentile of its own 6-year range, against a long-run median of 42.4×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Mishra Dhatu Nigam Ltd pay a dividend?
Yes — Mishra Dhatu Nigam Ltd's dividend payout was 18% of profit in FY26, and it recorded a payout in each of its last 8 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Mishra Dhatu Nigam Ltd overvalued?
On its own history, Mishra Dhatu Nigam Ltd looks mid-range against its own history: its P/E of 56.0× sits at the 63rd percentile of its 6-year range (long-run median 42.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Mishra Dhatu Nigam Ltd growing?
Yes — Mishra Dhatu Nigam Ltd is growing: latest-quarter revenue +34.5% year on year, profit +39.3%, and the margin −2.0 pp at 21.0%. The 7-year compound rates are 7.9% (revenue) and 0.0% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Mishra Dhatu Nigam Ltd performing?
Mishra Dhatu Nigam Ltd is in a confirmed uptrend, 9 weeks in. Its latest quarter's revenue rose 34.5% and profit rose 39.3% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Mishra Dhatu Nigam Ltd in?
Improving — profit growth bottomed 7 quarters ago at −41.4% and has held its recovery at +18.9%, ROCE holding at 9.1%. The read comes from the last 12 quarters of growth (revenue growth +12.6% latest, profit growth +18.9% latest, eps growth +18.8% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Mishra Dhatu Nigam Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 9 of stage 2), trading +7.2% versus its 200-day average and at 74% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Mishra Dhatu Nigam Ltd beating the market?
Not lately — on a trailing-13-week view Mishra Dhatu Nigam Ltd is currently behind the NIFTY 500 (2 weeks and counting; last ahead the week of 2026-07-03), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 8.3 years the stock moved +353% against the NIFTY 500's +153% — ahead of the index over the full window. — as of 24 July 2026.
Will Mishra Dhatu Nigam Ltd's share price go up?
This page publishes no price forecast for Mishra Dhatu Nigam Ltd. What it measures instead: the share price is ₹408, the price is in a confirmed uptrend 9 weeks in. Its P/E of 56.0× sits at the 63rd percentile of its own 6-year range. — as of 24 July 2026.
Who owns Mishra Dhatu Nigam Ltd?
Promoters hold 74.0% of Mishra Dhatu Nigam Ltd, foreign institutions 2.6%, domestic institutions 7.4% and the public 16.1% (latest quarter). The biggest move on the register over the last two years: Domestic institutions cut 2.0 points over 8 quarters. — as of 24 July 2026.
Does Mishra Dhatu Nigam Ltd have too much debt?
No — Mishra Dhatu Nigam Ltd's debt-to-equity is 0.27, and operating profit covers the interest bill 10×. FY26 borrowings were ₹407 Cr against equity of ₹1,532 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Mishra Dhatu Nigam Ltd's capex?
Mishra Dhatu Nigam Ltd spent ₹174 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹49.0 Cr, with ₹16.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Mishra Dhatu Nigam Ltd's cash flow?
Mishra Dhatu Nigam Ltd generated ₹155 Cr of operating cash flow in FY26 and ₹106 Cr of free cash flow after ₹49.0 Cr of capital spending. Reported profit that year was ₹131 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Mishra Dhatu Nigam Ltd's profit real cash?
Yes — over the last 3 fiscal years, 176% of Mishra Dhatu Nigam Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹155 Cr against reported profit of ₹131 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Mishra Dhatu Nigam Ltd in its business cycle?
Mishra Dhatu Nigam Ltd's FY26 operating margin was 20.0%, against a 8-year band of 18.0%–31.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 21.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Mishra Dhatu Nigam Ltd story?
The sharpest disagreement: Domestic institutions moved −2.0 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Mishra Dhatu Nigam Ltd a stock worth studying right now?
This is not investment advice. The machine read: Mishra Dhatu Nigam Ltd's earnings have outrun its stock. EPS grew +18.6% in a year against a −2.7% price move. The sharpest open question: whether the register turns back in the story’s favour. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.