MIDHANI enters into MoUs during Aero India 2023

Mishra Dhatu Nigam Limited (MIDHANI), a Govt. Enterprise under the administration of MoD signed eleven MoUs with various organization and exchanged in the presence of Hon'ble Raksha Mantri Shri Rajnath Singh ji during the Bandhan Ceremony held on the side lines of Aero India - 2023 at Yelahanka, Bengaluru, Karnataka on 15.02.2023. Dr. Sanjay Kumar Jha, CMD, MIDHANI stated that these MoUs signed would pave way for greater cooperation between the companies.

MIDHANI penned these MoUs to expand its wings in the area of developing and manufacturing Aerospace and Naval materials, R&D, Exports, Health Care and Training etc. and explore the possibilities to enhance the production capacity to pave the path to Atma Nirbhar Bharat.

MIDHANI signed MoUs with Hindustan Aeronautics Limited, Nashik, Hindustan Aeronautics Limited, Koraput, Hindustan Shipyard Limited (HSL), Visakhapatnam, Weispun Speciality steels limited, Micron Instruments, Chandigarh, Jay Jagadamba, Mumbai, Bay Forge, Chennai, Oorja Abhiyantran Pvt. Ltd, Hyderabad, Tamilnadu Industrial Corporation, IIT, Roorkee and lIT, Bombay.

During the Bandhan Ceremony MIDHANI, Shri N. Gown Sanakara Rao, Director (Finance), Shri T. Muthukumar, Director (P&M) and other senior officials of the Company registered their presence.

Shares of Mishra Dhatu Nigam Limited was last trading in BSE at Rs. 192.80 as compared to the previous close of Rs. 191.05. The total number of shares traded during the day was 66797 in over 668 trades.

The stock hit an intraday high of Rs. 194.25 and intraday low of 189.80. The net turnover during the day was Rs. 12912901.00.

Source : Equity Bulls

Keywords

MishraDhatuNigam INE099Z01011 MIDHANI MoU AeroIndia2023