Should I buy or sell Minda Corporation?

The average broker rating on Minda Corporation is Strong Buy. The breakup of analyst rating is given below - 1 analysts have given a strong sell rating 1 analysts have given a sell rating 1 analysts have given a hold rating 1 analysts have given a buy rating 2 analysts have given a strong buy rating

Is Minda Corporation a good stock to invest in?

Minda Corporation can be analyzed on the following key metrics - TTM P/E: 54.10 Sector P/E: 32.73 Dividend Yield: 0.26 D/E ratio: 0.25

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Overview

Analysis

Minda Corporation Financials

Technical

Peers

Shareholding

Minda Corporation Corporate Actions

Company Profile

Minda Corporation share price

Sector: Auto & Truck Parts

Minda Corporation is trading 1.19% upper at Rs 547.00 as compared to its last closing price. Minda Corporation has been trading in the price range of 551.70 & 541.15. Minda Corporation has given 40.34% in this year & 6.82% in the last 5 days.

Minda Corporation has TTM P/E ratio 54.10 as compared to the sector P/E of 32.73.There are 4 analysts who have initiated coverage on Minda Corporation. There are 2 analysts who have given it a strong buy rating & 2 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

The company posted a net profit of 74.34 Crores in its last quarter.

Listed peers of Minda Corporation include Asahi India Glass (-2.33%), Kirloskar Oil Engines (-0.95%), Minda Corporation (1.19%) etc.

Minda Corporation has a 33.57% public holding.The Mutual Fund holding in Minda Corporation was at 15.32% in 30 Sep 2024. The MF holding has decreased from the last quarter. The FII holding in Minda Corporation was at 7.61% in 30 Sep 2024. The FII holding has increased from the last quarter.

547.00 +6.45 (1.19%)Updated : Wed 11 Dec, 2024 | 15:29:59

Minda Corporation share price range

Today's Low

541.15

Today's High

551.70

52 Week Low

366.95

52 Week High

652.90

Minda Corporation share Key Metrics

Updated on 11 Dec 2024, 01:09 AM IST

Market Cap ( ₹ Cr.)

12,753.40

Beta	1.32
Div. Yield (%)	0.26
P/B	6.44
D/E	0.25
Open Price	546.65

TTM P/E	54.10
Peg. Ratio	1.50
Sector P/E	32.73
Prev. Close	540.55

MINDACORP share Key metrics

Minda Corporation stock Analysis

Price Analysis

1 Week	6.82%
3 Months	-0.20%
6 Month	22.98%
YTD	40.34%
1 Year	44.30%

Risk Meter

41%Balanced risk
41%Balanced risk
41%Balanced risk
41%Balanced risk
41%Balanced risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

Analysts' Views

Ratings	Current	1 W Ago	1 M Ago	3 M Ago
Strong Buy	2	2	0	0
Buy	2	2	3	3
Hold	0	0	1	1
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	4	4	4	4

Technical Trends

Long Term
Considers price movement over the last 6 months

Not Available

Short Term
Considers price movement over the last 1-2 weeks

Not Available

Bearish
Moderately Bearish
Neutral
Moderately Bullish
Bullish

Insight: Trends unavailable at the moment.

Minda Corporation Financials

INCOME
BALANCE SHEET
Cashflow

Annual

Quarterly

Period	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Total Revenue	4,651.14	4,300.10	2,975.90	2,367.90
Selling/ General/ Admin Expenses Total	728.48	916.40	697.10	574.20
Depreciation/ Amortization	165.80	138.10	112.00	93.60
Other Operating Expenses Total	484.43	19.80	17.00	13.90
Total Operating Expense	4,302.54	3,970.50	2,756.20	2,242.80
Operating Income	348.60	329.60	219.70	125.10
Net Income Before Taxes	310.45	288.60	215.90	124.70
Net Income	227.22	284.50	191.90	52.80
Diluted Normalized EPS	9.49	11.91	6.78	4.05

*All figures in crores except per share values

Detailed MINDACORP Financials

Minda Corporation forecast

Income Sheet (In Cr)Net Income Vs Revenue

Returns Metrics (In Cr)ROA Vs ROE

Mutual Fund Ownership

Ownership as on: Wed, 11 Dec, 2024

Aditya Birla Sun Life Transportation and Logistics Fund Regular Growth

Equity

Amount Invested (Cr.)48.36

% of AUM3.08%

Aditya Birla Sun Life Pure Value Fund Growth

2/5

Equity

Amount Invested (Cr.)195.13

% of AUM3.04%

Axis Multicap Fund Regular Growth

Equity

Amount Invested (Cr.)145.47

% of AUM2.21%

Axis Value Fund Regular Growth

3/5

Equity

Amount Invested (Cr.)15.04

% of AUM2.01%

Mahindra Manulife Small Cap Fund Regular Growth

Equity

Amount Invested (Cr.)96.97

% of AUM1.86%

View All

Minda Corporation Corporate actions

Board Meetings
AGM
Dividends
Bonus
Split
Rights

Meeting Date	Purpose
12-Nov-24	Quarterly Results
08-Aug-24	Quarterly Results
22-May-24	Audited Results & Final Dividend
01-Feb-24	Quarterly Results & Interim Dividend
02-Nov-23	Quarterly Results
03-Aug-23	Quarterly Results
02-Jun-23	Rights issue & Preferential issue
19-May-23	Audited Results & Final Dividend
08-Feb-23	Quarterly Results & Interim Dividend
04-Nov-22	Quarterly Results

Meeting Date	Announcement On	Purpose
14-Aug-24	22-May-24	AGM
14-Mar-24	07-Feb-24	POM
24-Sep-23	22-Aug-23	POM
27-Jul-23	19-May-23	AGM
28-Jul-22	17-May-22	AGM
09-Jul-21	20-May-21	AGM

Announcement On	Record Date	Ex-Dividend	Dividend Value
22-May-24	-	07-Aug-24	0.9
01-Feb-24	14-Feb-24	14-Feb-24	0.5
19-May-23	-	21-Jul-23	0.8
08-Feb-23	18-Feb-23	17-Feb-23	0.4
17-May-22	-	21-Jul-22	0.7
04-Feb-22	16-Feb-22	15-Feb-22	0.3
18-May-21	-	01-Jul-21	0.35
03-Feb-21	16-Feb-21	15-Feb-21	0.3

Detailed MINDACORP Corporate actions

Minda Corporation Company profile

ABOUT Minda Corporation

Industry Auto & Truck Parts
ISIN INE842C01021
BSE Code 538962
NSE Code MINDACORP

Minda Corporation Limited is an India-based company engaged in manufacturing automotive components. The Company is primarily engaged in the manufacturing and assembly of safety and security systems and their associated components for the automotive industry. Its diverse product portfolio includes Mechatronics, Information and Connected Systems, Plastics and Interiors, Aftermarket solutions, Electronics Manufacturing, and Spark Minda Green Mobility. Its mechatronics include ignition switch cum steering lock, keyless entry, mechatronics handle, immobilizer-fuel tank cap, aluminum die casting, compressor housing, alternator and starter motor. Its aftermarket products include helmets, fiber parts, wiper, bearings, locks, filters, and lubricants. It offers its products for auto original equipment manufacturers (OEMs). Its products are designed to cater to a range of vehicle segments, including two-three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles.

Minda Corporation Management

Ashok Minda Chairman, Group Chief Executive Officer
Vinod Raheja Group Chief Financial Officer
Ashim Vohra Group Chief Operating Officer
Pardeep Mann Compliance Officer, Company Secretary
Aakash Minda Executive Director - Group Finance and Strategy, Chief Executive Officer - Plastics and Interior Electronic Manufacturing Excellence
Naresh Modi Executive Director

FAQs about Minda Corporation share price

Minda Corporation is trading at 547.00 as on Wed Dec 11 2024 09:59:59. This is 1.19% upper as compared to its previous closing price of 540.55.

The market capitalization of Minda Corporation is 12753.40 Cr as on Wed Dec 11 2024 09:59:59.

The average broker rating on Minda Corporation is Strong Buy. The breakup of analyst rating is given below -

2 analysts have given a strong buy rating
2 analysts have given a buy rating
0 analysts have given a hold rating
0 analysts have given a sell rating
0 analysts have given a strong sell rating

The 52 wk high for Minda Corporation is 652.90 whereas the 52 wk low is 366.95

Minda Corporation can be analyzed on the following key metrics -

TTM P/E: 54.10
Sector P/E: 32.73
Dividend Yield: 0.26%
D/E ratio: 0.25

Minda Corporation reported a net profit of 227.22 Cr in 2024.

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Minda Corporation share price

Minda Corporation share price range

Minda Corporation share Key Metrics

Minda Corporation stock Analysis

Technical Trends

Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks

Minda Corporation share price news

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Minda Corporation Financials

Minda Corporation forecast

Minda Corporation Technical

Minda Corporation Shareholding

Shareholding Pattern

Aditya Birla Sun Life Transportation and Logistics Fund Regular Growth

Aditya Birla Sun Life Pure Value Fund Growth

Axis Multicap Fund Regular Growth

Axis Value Fund Regular Growth

Mahindra Manulife Small Cap Fund Regular Growth

Minda Corporation Corporate actions

Minda Corporation Company profile

ABOUT Minda Corporation

Minda Corporation Management

FAQs about Minda Corporation share price

Minda Corporation Quick Links

Equity Quick Links

Minda Corporation share price

Minda Corporation share price range

Minda Corporation share Key Metrics

Minda Corporation stock Analysis

Long TermConsiders price movement over the last 6 months

Short TermConsiders price movement over the last 1-2 weeks

Minda Corporation Financials

Minda Corporation forecast

Minda Corporation Technical

Minda Corporation Shareholding

Shareholding Pattern

Minda Corporation Corporate actions

Minda Corporation Company profile

ABOUT Minda Corporation

Minda Corporation Management

FAQs about Minda Corporation share price

Minda Corporation Quick Links

Equity Quick Links

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Long Term
Considers price movement over the last 6 months

Short Term
Considers price movement over the last 1-2 weeks