MIDHANI dispatches Ultra High Strength Steel & Cobalt Alloys for Gaganyaan of ISRO
On Monday, Mishra Dhatu Nigam Limited (MIDHANI) announced that the company had delivered its first consignment of ultra high strength steel and cobalt alloy for throat sitting rings for Gaganyaan; the indigenous manned mission of Indian Space Research Organisation (ISRO)
For over four decades, ISRO and MIDHANI have been working together and have developed the critical input materials used in cryogenic engine, rocket motor casing and propellant tank. The state owned enterpise shall also supply Titanium Alloy materials for Gaganyaan’s GSLV-Mark-III rocket liquid engine thrusters, nozzle, gas bottles, cryogenic upper stage components. Additionally, the investment castings of vacuum melted quality of nickel alloys, stainless steel for the exhaust unit and Hafnium-Niobium metal, were also developed by MIDHANI for the mission.
Mishra Dhatu Nigam Limited is a specialized metals and metal alloys manufacturing company in India, located in Hyderabad, Telangana. It is a Public Sector Undertaking (PSU), under the administrative control of Department of Defence Production, Ministry of Defence, Government of India.
On Monday, the stock closed at Rs 152.80, down by 4.41 per cent or Rs 7.05 per share. The 52-week high is recorded at Rs 186.80 and the 52-week low is recorded at Rs 100.