Minda Corporation Limited (NSE:MINDACORP)
Market Cap | 123.95B |
Revenue (ttm) | 49.50B |
Net Income (ttm) | 2.74B |
Shares Out | 235.28M |
EPS (ttm) | 11.46 |
PE Ratio | 45.96 |
Forward PE | 35.38 |
Dividend | 1.40 (0.27%) |
Ex-Dividend Date | Feb 12, 2025 |
Volume | 166,064 |
Average Volume | 509,415 |
Open | 534.00 |
Previous Close | 539.30 |
Day's Range | 522.70 - 545.00 |
52-Week Range | 365.85 - 652.00 |
Beta | 1.00 |
RSI | 45.32 |
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]
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 StatementsNews
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Minda Corporation Q3 Results: Revenue up 7.4% to Rs 1252 crore, Net profit up 23.4% YoY
Minda Corporation posted strong financial results for the third quarter ended December 31, 2024, driven by revenue growth and improved profitability. Key Financial Highlights for Q3 FY25: Revenue from...
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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...
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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...
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.
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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, ...
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...
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Minda Corporation shares surge 2.23% following EV Technology agreement
Minda Corporation Limited’s stock has surged following the announcement of its technology licensing agreement with Sanco Connecting Technology for EV solutions. As of 11:13 AM, Minda Corporation (MIND...
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Minda Corporation signs EV technology agreement with Sanco
Minda Corporation Limited has announced a technology licensing agreement with Sanco Connecting Technology, a Chinese leader in electric vehicle (EV) connection systems. The partnership aims to enhance...