Minda Corporation Ltd Analyst Rating
based on 3 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 3 analysts offering long term price targets for Minda Corporation Ltd. An average target of ₹574.67
Source: S&P Global Market Intelligence
Minda Corporation Ltd Share analysis
Minda Corporation Ltd price forecast by 3 analysts
Downside of
High
₹590
Target
₹574.67
Low
₹554
Minda Corporation Ltd target price ₹574.67, a slight downside of -1.51% compared to current price of ₹583.5. According to 3 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Minda Corporation Ltd revenue growth forecast
Expected growth rate Q1, FY2027:43.37%
Forecast
Actual
Including amortisation and stock based compensations
Minda Corporation Ltd EPS growth forecast
EPS estimate Q1, FY2027:107.89%
Forecast
Actual
Source: S&P Global Market Intelligence
Minda Corporation Ltd Performance
Day's Low
Day's High
₹576Day's Price Range₹59352 Week's Low
52 Week's High
₹365.8552-Week Price Range₹652
| Returns % | |
| 1 Month Return | + 13.08 % |
| 3 Month Return | + 8.76 % |
| 1 Year Return | + 45.44 % |
| Market Stats | |
| Previous Close | ₹590.80 |
| Open | ₹583.75 |
| Volume | 8.15L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹14,124.81Cr |
Minda Corporation Ltd Key Statistics
| P/E Ratio | 52.43 |
| PEG Ratio | -74.89 |
| Market Cap | ₹14,124.81 Cr |
| P/B Ratio | 5.77 |
| EPS | 9.42 |
| Dividend Yield | 0.33 |
| Sector | Auto Ancillaries |
| ROE | 12.11 |
Minda Corporation Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹14,124.81 Cr | 90.09% | 0.62 | ₹225 Cr | ₹4,651 Cr | |
| NA | ₹85.10 Cr | 120.39% | 0.62 | NA | NA | |
| NA | ₹114.07 Cr | 60.42% | 0.76 | ₹5 Cr | ₹90 Cr | |
| NA | ₹1,031.53 Cr | 340.14% | 1.04 | NA | NA | |
| BUY | ₹4,105.61 Cr | 23.96% | 0.51 | ₹97 Cr | ₹3,070 Cr |
About Minda Corporation Ltd
Share Price: ₹583.50 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹14,124.81Cr as of today
Revenue: ₹1,290.01Cr as on September 2024 (Q3 24)
Net Profit: ₹70.77Cr as on September 2024 (Q3 24)
Listing date: 19 Mar, 2012
Chairperson Name: Ashok Minda
| Organisation | Minda Corporation Ltd |
| Headquarters | Noida |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Minda Corporation Ltd
Minda Corporation Showcases Innovations at Components Show 2025 - 19 Jan, 2025
At the Components Show 2025, Minda Corporation highlighted its diverse portfolio, including cockpit electronics and electric vehicle solutions, emphasizing innovation and sustainability in the automotive sector.Minda Corporation Acquires Stake in Flash Electronics - 15 Jan, 2025
Minda Corporation has entered a strategic partnership with Flash Electronics, acquiring a 49% stake for ₹1,372 crore. This move aims to enhance its presence in the automotive components sector and address growing demand for advanced automotive solutions. Following the announcement, Minda's shares surged 5.53%.Minda Corporation Stock Rises on EV Study - 14 Jan, 2025
Minda Corporation's stock experienced a gain of up to 6% on January 14, 2025, driven by positive insights from a Tata Consultancy Services study on electric vehicle stocks.Minda Corporation Receives Positive Buy Recommendations - 08 Jan, 2025
Minda Corporation Ltd is recommended as a buy with a target price of ₹640, indicating a potential upside. Current market price is ₹530.50.Minda Corporation Sees Surge in Trading Volume - 07 Jan, 2025
On January 7, 2025, Minda Corporation Ltd experienced significant trading activity, with a 5.03% increase in stock price and a notable surge in volume, indicating strong investor interest.IIFL Securities Assigns Buy Rating on Minda Corporation - 02 Jan, 2025
IIFL Securities has issued a Buy rating for Minda Corporation at a price of Rs 522, with target prices set at Rs 545 and Rs 560, and a stop loss at Rs 499.Minda Corporation Stock Surges 5.21% on January 1, 2025 - 01 Jan, 2025
On January 1, 2025, Minda Corporation's stock rose by 5.21%, outperforming its sector and the Sensex. The stock reached an intraday high of Rs 520 and has shown a positive trend with a 5.93% increase over two days. Despite being below the 100-day moving average, it remains above other key moving averages. The stock's performance over the past month is a gain of 4.47%, contrasting with a decline in the Sensex.
Insights on Minda Corporation Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 1.20K Cr → 1.30K Cr (in ₹), with an average increase of 7.8% per quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 64.2 Cr → 74.34 Cr (in ₹), with an average increase of 13.6% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 7.60% to 7.97% in Dec 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 7.09% to 7.16% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 64.84% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Cummins India Ltd has given 191.2% return, outperforming this stock by 27.2%
- NO EFFECT
Against Peers
In the last 1 year, Cummins India Ltd has given 40.5% return, outperforming this stock by 12.2%
NEGATIVE IMPACTPrice Dip
In the last 1 month, MINDACORP stock has moved down by -3.0%
Minda Corporation Ltd Financials
Index Inclusions
Minda Corporation Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 64.84% | 0.00 | |
| Foreign Institutions | 7.97% | 4.85 | |
| Mutual Funds | 15.32% | 0.05 | |
| Retail Investors | 7.16% | 1.03 | |
| Others | 4.7% |
Minda Corporation Ltd Key Indicators
Minda Corporation Ltd Valuation
Minda Corporation Ltd in the last 5 years
Lowest (-9.24x)
March 2, 2021
Industry (48.05x)
January 17, 2025
Today (52.43x)
January 17, 2025
Highest (60.39x)
August 26, 2024
Minda Corporation Ltd Earnings and Dividends
Minda Corporation Ltd Earnings Results
Minda Corporation Ltd’s net profit jumped 26.49% since last year same period to ₹74.34Cr in the Q2 2024-2025. On a quarterly growth basis, Minda Corporation Ltd has generated 15.79% jump in its net profits since last 3-months.
Read More about Earnings ResultsMinda Corporation Ltd Dividends May,2024
In the quarter ending March 2024, Minda Corporation Ltd has declared dividend of ₹0.90 - translating a dividend yield of 0.24%.
Read More about Dividends
Minda Corporation Ltd Technicals Summary
Bearish
Neutral
Bullish
Minda Corporation Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Minda Corporation Ltd
Minda Corporation Ltd share price today stands at ₹583.5, Open. ₹583.75 ; Previous Close. ₹590.8 ; High. ₹593 ; Low. ₹576 ; 52 Week High. ₹652 ; 52 Week Low: ₹365.85.
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Minda Corporation Ltd is listed on NSE
Minda Corporation Ltd is listed on BSE
- Today’s highest price of Minda Corporation Ltd is ₹593.
- Today’s lowest price of Minda Corporation Ltd is ₹576.
PE Ratio of Minda Corporation Ltd is 52.43
PE ratio = Minda Corporation Ltd Market price per share / Minda Corporation Ltd Earnings per share
Today’s traded volume of Minda Corporation Ltd(MINDACORP) is 8.15L.
Today’s market capitalisation of Minda Corporation Ltd(MINDACORP) is ₹14124.81Cr.
| Minda Corporation Ltd(MINDACORP | Price |
|---|---|
52 Week High | ₹652 |
52 Week Low | ₹365.85 |
Minda Corporation Ltd(MINDACORP) share price is ₹583.5. It is down -10.51% from its 52 Week High price of ₹652
Minda Corporation Ltd(MINDACORP) share price is ₹583.5. It is up 59.49% from its 52 Week Low price of ₹365.85
| Minda Corporation Ltd(MINDACORP | Returns |
|---|---|
1 Day Returns | -7.3% |
1 Month Returns | 13.08% |
3 Month Returns | 8.76% |
1 Year Returns | 45.44% |