Mishra Dhatu Nigam Ltd Shows Strong Short-Term Performance Amid Broader Market Decline
Mishra Dhatu Nigam Ltd, a midcap player in the steel industry, saw a significant rise on January 17, 2025, outperforming its sector. The stock has shown a consistent upward trend over four days, reaching an intraday high and currently trading above its short-term moving averages.
Mishra Dhatu Nigam Ltd, a midcap player in the steel, sponge iron, and pig iron industry, experienced a notable increase of 5.51% on January 17, 2025, allowing it to outperform its sector by 4.92%. Over the past four days, the stock has shown a consistent upward trend, accumulating a total return of 13.35%.On this trading day, Mishra Dhatu Nigam reached an intraday high of Rs 343.4, marking a rise of 6.53%. In terms of moving averages, the stock is currently above its 5-day and 20-day moving averages, but remains below the 50-day, 100-day, and 200-day moving averages.
In comparison to the broader market, Mishra Dhatu Nigam's one-day performance stands in contrast to the Sensex, which declined by 0.55%. However, over the past month, the stock has faced a decline of 8.55%, while the Sensex has decreased by 5.04%.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
