Minda Corporation Ltd Analyst Rating
based on 3 analysts
66.67%
Buy
33.33%
Hold
0.00%
Sell
Based on 3 analysts offering long term price targets for Minda Corporation Ltd. An average target of ₹553
Source: S&P Global Market Intelligence
Minda Corporation Ltd Share analysis
Minda Corporation Ltd price forecast by 3 analysts
Downside of
High
₹585
Target
₹553.00
Low
₹520
Minda Corporation Ltd target price ₹553, a slight downside of -9.73% compared to current price of ₹601.55. According to 3 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Minda Corporation Ltd revenue growth forecast
Expected growth rate Q1, FY2026:33.20%
Forecast
Actual
Including amortisation and stock based compensations
Minda Corporation Ltd EPS growth forecast
EPS estimate Q1, FY2026:81.60%
Forecast
Actual
Source: S&P Global Market Intelligence
Minda Corporation Ltd Performance
Day's Low
Day's High
₹590₹60752 Week's Low
52 Week's High
₹313₹652
| Returns % | |
| 1 Month Return | + 7.4 % |
| 3 Month Return | + 24.35 % |
| 1 Year Return | + 86.88 % |
| Market Stats | |
| Previous Close | ₹612.60 |
| Open | ₹601.00 |
| Volume | 3.98L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹14,646.01Cr |
Minda Corporation Ltd Key Statistics
| P/E Ratio | 58.51 |
| PEG Ratio | -44.33 |
| Market Cap | ₹14,646.01 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 | ₹14,646.01 Cr | 113.17% | 0.62 | ₹225 Cr | ₹4,651 Cr | |
| NA | ₹1,539.31 Cr | 35.84% | 0.73 | ₹38 Cr | ₹2,159 Cr | |
| NA | ₹389.16 Cr | 75.05% | 0.71 | ₹4 Cr | ₹143 Cr | |
| NA | ₹185.50 Cr | 159.66% | 0.58 | ₹1 Cr | ₹12 Cr | |
| NA | ₹952.95 Cr | 105.69% | 0.74 | NA | NA |
About Minda Corporation Ltd
Share Price: ₹601.55 per share as on 03 Oct, 2024 04:01 PM
Market Capitalisation: ₹14,646.01Cr as of today
Revenue: ₹1,192.39Cr as on June 2024 (Q2 24)
Net Profit: ₹62.34Cr as on June 2024 (Q2 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 Corp Board Approves Rs 1,000 Crore Fundraise - 12 Sep, 2024
Minda Corporation's board approved a proposal to raise up to Rs 1,000 crore through various methods, leading to a rise in stock price. The company has not disclosed the intended use of the funds.
Minda Corp Plans Fundraising, Shares Rise - 09 Sep, 2024
Minda Corporation's shares increased after the announcement of a board meeting on September 12, 2024, to consider fundraising through equity shares or other instruments.
Minda Corporation Partners for EV Solutions Expansion - 04 Sep, 2024
Minda Corporation has entered a technology licensing agreement with Sanco Connecting Technology to develop Electrical Distribution Systems for the electric vehicle market, enhancing its product portfolio and vertical integration capabilities.
Minda Corporation Q1FY25 Performance and Target Price Update - 16 Aug, 2024
Minda Corporation reported Q1FY25 revenue of INR 11,924 Mn, missing estimates. Despite higher costs, Adj. PAT rose 42% YoY. Target price revised to INR 554 with an ACCUMULATE rating.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 5.06% to 6.06% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, MINDACORP stock has moved up by 357.7%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MINDACORP has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts
NO EFFECTAgainst Peers
In the last 1 year, Cummins India Ltd has given 130.9% return, outperforming this stock by 44.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 64.84% of holdings in Jun 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 70.75 Cr → 64.2 Cr (in ₹), with an average decrease of 9.3% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.22K Cr → 1.20K Cr (in ₹), with an average decrease of 2.0% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 7.90% to 6.86% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 16.88% to 16.82% in Jun 2024 quarter
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 | 6.06% | 19.65 | |
| Mutual Funds | 16.82% | ||
| Retail Investors | 6.86% | ||
| Others | 5.41% | 1.71 |
Minda Corporation Ltd Key Indicators
Minda Corporation Ltd Valuation
Minda Corporation Ltd in the last 5 years
Lowest (-9.24x)
March 2, 2021
Industry (58.33x)
October 1, 2024
Today (58.51x)
October 1, 2024
Highest (60.39x)
August 26, 2024
Minda Corporation Ltd Earnings and Dividends
Minda Corporation Ltd Earnings Results
Minda Corporation Ltd’s net profit jumped 42% since last year same period to ₹64.20Cr in the Q1 2024-2025. On a quarterly growth basis, Minda Corporation Ltd has generated -9.26% fall 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 0.23%.
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
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Minda Corporation Ltd shares.
Minda Corporation Ltd (MINDACORP) share price today is ₹601.55
Minda Corporation Ltd is listed on NSE
Minda Corporation Ltd is listed on BSE
- Today’s highest price of Minda Corporation Ltd is ₹607.
- Today’s lowest price of Minda Corporation Ltd is ₹590.
PE Ratio of Minda Corporation Ltd is 58.51
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 3.98L.
Today’s market capitalisation of Minda Corporation Ltd(MINDACORP) is ₹14646.01Cr.
| Minda Corporation Ltd(MINDACORP | Price |
|---|---|
52 Week High | ₹652 |
52 Week Low | ₹313 |
Minda Corporation Ltd(MINDACORP) share price is ₹601.55. It is down -7.74% from its 52 Week High price of ₹652
Minda Corporation Ltd(MINDACORP) share price is ₹601.55. It is up 92.19% from its 52 Week Low price of ₹313
| Minda Corporation Ltd(MINDACORP | Returns |
|---|---|
1 Day Returns | -11.05% |
1 Month Returns | 7.4% |
3 Month Returns | 24.35% |
1 Year Returns | 86.88% |