MIDHANI Shares Soar 15% on Massive Orders, Defense Focus

• Mishra Dhatu Nigam (MIDHANI) shares surged nearly 15% in two trading sessions with record volumes, attracting investor attention.
• The PSU, specializing in defense and space alloys, benefits from India's indigenization policy and a strong business model.
• MIDHANI boasts an order book of ₹2520 crore, with 70% from defense and 20% from the space sector.
• Management targets ₹1300 crore revenue by 2026, 23% EBITDA margin, and expects ₹500 crore new orders by March 2026.
• The company plans to achieve 10-15% of total sales from exports in the next 2-3 years, signaling global ambitions.

Why It Matters: MIDHANI's recent stock surge is driven by strong orders, defense focus, and ambitious growth and export plans.