Mishra Dhatu Nigam limited Mishra Dhatu Nigam Ltd.NSE:MIDHANIMicrocap_Investor๐ก๏ธ STOCK TO WATCH ๐ก๏ธ โน476 โ โน709 โ โน1,157 ๐ A defence materials + aerospace/space + strategic alloys + momentum setup appearing on my Weekly R4 Momentum Breakout Scanner. Mishra Dhatu Nigam Ltd. (MIDHANI) ๐ Buy Zone: โน476 ๐ Breakout Zone: โน476 ๐ Stop Loss: โน346 ๐ฏ Target 1: โน709 ๐ฏ Target 2: โน1,157 Why MIDHANI? ๐ก๏ธ Strategic defence materials: MIDHANI manufactures superalloys, titanium alloys and special steels used across aerospace, defence, space, atomic energy and naval applications. ๐ Aerospace & space opportunity: The company supplies titanium and superalloy products for indigenous aero-engine programmes and critical materials for Indian Navy and space applications. ๐ Strong Q1 FY27 revenue growth: Q1 FY27 revenue reached โน239.49 Cr, up 40.46% YoY, while consolidated PAT rose approximately 27% YoY to โน16.47 Cr. ๐ Large order visibility: The order book stood at around โน2,329 Cr as of July 1, 2026, providing substantial revenue visibility relative to the quarterly revenue base. ๐ญ Capacity & technology expansion: MIDHANI has been investing in new facilities and capabilities, including titanium production, superalloy castings, aerospace fasteners and titanium fabricated structures. ๐ฅ Weekly R4 Momentum Breakout: โน476 is the key technical level on my scanner. Sustained strength above this zone could open the path towards โน709 and potentially โน1,157. Why It Caught My Attention โ Strategic defence-materials business โ Aerospace & space exposure โ Q1 revenue +40% YoY โ Q1 PAT +27% YoY โ โน2,329 Cr order-book visibility โ Titanium & superalloy capabilities ๐ฅ Weekly R4 Momentum Breakout โ ๏ธ IMPORTANT This is not a low-risk defence compounder. The Q1 headline growth was strong, but earnings remain lumpy. Revenue fell sharply QoQ from โน552.75 Cr to โน239.49 Cr, while operating profit declined 68% QoQ. EBITDA margin also came under pressure. Management expects margins to recover as LPG and raw-material volatility normalise, but this remains an important factor to monitor. The โน1,157 target is a high-end technical/momentum scenario, not a guaranteed fundamental valuation. Risk Defined. Reward Visible. ๐ข Disclaimer: This content is for educational purposes only and not investment advice. Please do your own due diligence before making any investment decisions. ยฉ 20K Microcap Investing | R4 Momentum Desk #MIDHANI #MishraDhatuNigam #DefenceStocks #DefenceIndia #AerospaceStocks #SpaceStocks #Titanium #SpecialAlloys #SmallCapStocks #MomentumStocks #BreakoutStocks #StockMarketIndia #IndianStocks #StocksToWatch #R4Breakout #MomentumInvesting #20KMicrocap