Mishra Dhatu Nigam Limited (MIDHANI), a prominent manufacturer of special steels and alloys, witnessed a 22% increase in sales for the fiscal year ending March 2024. This impressive performance led to a 5% surge in its shares on the National Stock Exchange (NSE), reaching Rs 410.45. The company’s sales for the year totaled Rs. 1,065 crore, a substantial rise from the previous fiscal year. Notably, MIDHANI achieved a milestone in direct exports, recording its highest-ever figure of Rs. 66.88 crore, marking a 78.5% increase from the previous year. Established in 1973, MIDHANI specializes in manufacturing critical alloys for defense, aerospace, and other strategic sectors.