Mishra Dhatu Nigam Shows Strong Rebound Amid Broader Market Gains

Jun 10 2025 10:30 AM IST
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Mishra Dhatu Nigam, a midcap player in the Aerospace & Defense sector, experienced a notable rebound on June 10, 2025, after two days of decline. The stock outperformed its sector and is trading above key moving averages, reflecting strong upward momentum and impressive growth over the past month and three years.
Mishra Dhatu Nigam, a midcap player in the Aerospace & Defense sector, has shown significant activity today, gaining 5.51% on June 10, 2025. This performance marks a notable trend reversal, as the stock has rebounded after two consecutive days of decline. It reached an intraday high of Rs 451.4, reflecting a 7.46% increase at its peak.

In terms of market performance, Mishra Dhatu Nigam has outperformed its sector by 6.73% today. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.

The broader market context shows the Sensex opening higher at 82,643.73, with a modest gain of 0.24%. The index is currently trading just 4.23% away from its 52-week high, supported by bullish moving averages. In comparison, Mishra Dhatu Nigam's performance over various time frames has been impressive, with a 40.25% increase over the past month and a remarkable 164.35% rise over the last three years, showcasing its robust growth trajectory in the market.
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