Markets · Breaking
MIDHANI shares jump 8 percent following doubled Q2 profit
Originally reported by LiveMint Markets as: Mishra Dhatu Nigam shares surge over 8% after Q2 profit more than doubles; MIDHANI jumps 19% in 2026 | Check key levels
12 Nov 2026, 9:46 am IST · Xecute.finance News Desk
The crisp read
Mishra Dhatu Nigam shares climbed over 8 percent after the defence public sector undertaking announced that its Q2 FY27 net profit more than doubled to ₹28 crore. Operating revenue grew by 41.1 percent to ₹296 crore with an EBITDA margin of 16.8 percent and an order book of ₹2,164 crore.
Xecute Impact Breakdown
For CAs
- Track order execution timelines and defence sector budgetary allocations for capital goods enterprises.
- Monitor technical support and resistance levels before executing portfolio adjustments in state-run manufacturing equities.
For businesses
- Mishra Dhatu Nigam reported that its net profit for the second quarter of fiscal year 2027 more than doubled to ₹28 crore.
- Operating revenue increased by 41.1 percent to ₹296 crore, with an EBITDA margin of 16.8 percent and an order book valued at ₹2,164 crore.
Deep dive - the full story
Mishra Dhatu Nigam shares advanced over 8 percent after the defence public sector undertaking reported that its net profit for the second quarter of fiscal year 2027 more than doubled to ₹28 crore. During the same period, operating revenue increased by 41.1 percent to ₹296 crore, while earnings before interest, taxes, depreciation, and amortization margin improved to 16.8 percent alongside an order book valued at ₹2,164 crore.
Public sector manufacturing firms benefit from sustained government capital expenditure and long-term defence procurement contracts. Margin expansion and order book size serve as primary indicators of operational efficiency and future revenue visibility for capital goods enterprises. Investors should track order execution timelines and defence sector budgetary allocations.
Monitor technical support and resistance levels before executing portfolio adjustments in state-run manufacturing equities.
Source: livemint.com
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