Minda Corporation Limited (BOM: 538962)

India flag India · Delayed Price · Currency is INR
591.60
+8.10 (1.39%)
At close: Jan 20, 2025
47.86%
Market Cap 139.18B
Revenue (ttm) 48.63B
Net Income (ttm) 2.62B
Shares Out n/a
EPS (ttm) 10.93
PE Ratio 53.17
Forward PE n/a
Dividend 1.40 (0.24%)
Ex-Dividend Date Aug 7, 2024
Volume 37,563
Average Volume 35,709
Open 584.45
Previous Close 583.50
Day's Range 581.65 - 598.85
52-Week Range 366.95 - 652.90
Beta n/a
RSI 69.45
Earnings Date Feb 6, 2025

About Minda Corporation

Minda Corporation Limited manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe. The company offers mechatronic products, such as ignition switch cum steering locks, smart key systems, mechatronics handles and immobiliser system, die casting components, starter motors, and alternators; information and connected systems, including wiring harness, connectors, terminals, and components; and instrument clusters and dashboard, as well as spee... [Read more]

Industry Motor Vehicle Parts and Accessories
Founded 1958
Employees 3,344
Stock Exchange Bombay Stock Exchange
Ticker Symbol 538962
Full Company Profile

Financial Performance

In 2023, Minda Corporation's revenue was 46.51 billion, an increase of 8.16% compared to the previous year's 43.00 billion. Earnings were 2.27 billion, a decrease of -20.14%.

Financial Statements

News

Minda Corporation shares surge 4% after company acquires 49% stake in Flash Electronics for Rs 1,372 crore

Minda Corporation’s stock rose over 4% in morning trade following the announcement of a strategic acquisition of a 49% stake in Flash Electronics (India) Private Limited. The deal, valued at ₹1,372 cr...

6 days ago - Business Upturn

Minda Corporation acquires 49% stake in Flash Electronics for Rs 1,372 crore

Minda Corporation Ltd. has announced a strategic acquisition of a 49% stake in Flash Electronics (India) Private Limited for ₹1,372 crores. This partnership is set to enhance synergies in products, cu...

6 days ago - Business Upturn

Top stock recommendations for January 9, 2025

Stock market recommendations: Sagar Doshi, Senior Vice President- Research at Nuvama Professional Clients Group, recommends Minda Corporation, Oberoi Realty, and OIL as top stock picks.

12 days ago - The Times of India

Minda forms joint venture with HCMF to develop automotive sunroof solutions

Minda Corporation has announced the incorporation of a new joint venture (JV) company, MINDA-HCMF Technologies Private Limited, in partnership with HSIN Chong Machinery Works Co., Ltd (HCMF). The JV, ...

5 weeks ago - Business Upturn

Co to set up automotive unit near Noida airport

Minda Corporation Ltd announces plans to establish a state-of-the-art automotive production facility near Noida International Airport, focusing on advanced ignition systems. The investment of Rs 645 c...

2 months ago - The Times of India