MIDHANINSEMishra Dhatu Nigam LimitedMediumPositive
Announced Tue, 17 Mar · 11:48 IST

Mishra Dhatu Nigam Limited has informed the Exchange regarding a press release dated March 17, 2026, titled "NADCAP accreditation for Heat Treatment".

Regulatory Product ApprovalBusiness Updates View source PDF

MIDHANI · price

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Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹306.20
prior close
₹308.40
base price
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+0.8+0.8+1.1+0.7+5.2+0.9+3.2-4.4-1.4-6.6+8.0+21.0+29.7+46.0
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AI summary

MIDHANI's Heat Treatment facility has received NADCAP accreditation, a globally recognized quality certification for the aerospace and defence industry. NADCAP (National Aerospace and Defense Contractors Accreditation Program) is a prestigious industry-level certification that validates adherence to stringent process control and quality standards. This achievement strengthens MIDHANI's ability to serve critical aerospace and defence programs with world-class metallurgical processing. MIDHANI is a Government of India enterprise under the Ministry of Defence, based in Hyderabad.

Likely market impact

This accreditation enhances MIDHANI's credibility and eligibility to win more business from global aerospace and defence OEMs, potentially opening up new revenue streams. It is a positive operational milestone but does not translate to an immediate order or revenue impact.