Midwest Limited logo

Midwest Limited (MIDWESTLTD)

Market Closed
10 Aug, 05:19
XNSE XNSE
1,189. 20
-7.8
-0.6516%
- Market Cap
- P/E Ratio
- Div Yield
4,006 Volume
- Eps
1,197
Previous Close
Add Transaction
Day Range
1,182 1,209.9
Year Range
1,048.5 1,859.9
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Summary

MIDWESTLTD closed today lower at ₹1,189.2, a decrease of -0.6516% from yesterday's close, completing a monthly decrease of -5.9921% or -₹75.8. Over the past 12 months, MIDWESTLTD stock lost -31.2283%.
MIDWESTLTD is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on MSE (INR).

MIDWESTLTD Chart

Midwest Limited (MIDWESTLTD) FAQ

What is the stock price today?

The current price is ₹1,189.20.

On which exchange is it traded?

Midwest Limited is listed on XNSE.

What is its stock symbol?

The ticker symbol is MIDWESTLTD.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Midwest Limited ever had a stock split?

No, there has never been a stock split.

Midwest Limited Profile

- Industry
- Sector
Mr. Kollareddy Ramachandra Reddy CEO
XNSE Exchange
- ISIN
India Country
- Employees
- Last Dividend
- Last Split
- IPO Date

Overview

Midwest Ltd. is a public limited company engaged in the exploration, mining, processing, and export of natural stones, prominently focusing on granites and marbles. Established in 1981 and situated in Telangana, India, Midwest Ltd. has carved a niche for itself in the granites and marbles industry, particularly recognized for its flagship product, Black Galaxy Granite. This particular variety is celebrated for its unique appearance, characterized by golden flakes that attract international buyers.

The company operates a total of 16 granite mines located in Telangana and Andhra Pradesh, coupled with dedicated processing facilities in both states. These resources enable Midwest Ltd. to support substantial production and finishing capabilities, ensuring they maintain a strong presence in the competitive market. As a player in the broader mining industry, the company capitalizes on operational efficiencies, cutting-edge manufacturing technologies, and a strong distribution network, securing cost advantages and establishing significant barriers for potential competitors.

Midwest Ltd.'s business model is multifaceted, focusing on both domestic and international marketing channels, with an increasing emphasis on exports. This approach ties the company's success to global market trends and customer demographics. Classified as a smallcap entity in the Indian stock market, Midwest Ltd. reflects its ongoing growth trajectory within the mining sector. Recently, the company successfully raised capital through an initial public offering, with the proceeds aimed at expanding their operational capacity, alleviating debt burdens, and incorporating sustainable technologies into their operational framework.

Products and Services

  • Granite Mining:

    Midwest Ltd. engages in the extraction of various types of granite from its extensive network of mines. The primary focus is on ensuring high-quality stone is sourced while adhering to sustainable mining practices.

  • Marble Mining:

    In addition to granite, the company also specializes in the mining of marble. This complements their portfolio and provides customers with a wider range of natural stone options for various applications.

  • Processing Facilities:

    The company owns and operates processing facilities equipped with advanced machinery. These facilities allow for the cutting, polishing, and finishing of stones to meet the specific needs of both domestic and international markets.

  • Export Services:

    Midwest Ltd. has established a robust distribution network that facilitates the export of their products globally. Their expertise in navigating international trade regulations ensures timely and efficient delivery to clients worldwide.

  • Sustainable Technologies:

    In alignment with their vision for future growth, Midwest Ltd. is proactively integrating sustainable technologies into its operations. This includes practices aimed at minimizing environmental impact and enhancing the overall sustainability of their processes.

  • Customer Support:

    The company prides itself on providing exceptional customer service, assisting clients with product selection and technical support to ensure the best outcomes for projects involving their natural stone products.

Contact Information

Address: Prestige Skytech
Phone: 91 40 2330 5193