Minda Corporation Ltd Share Price (MINDACORP)
₹403.6
Minda Corporation Ltd share Performance
- ₹402.05₹411.4₹403.6
0.38%
Low
Day's Volatility:2.32%
High
1.93%
- ₹257.65₹449.95₹403.6
36.16%
Low
52 Weeks Volatility:47.65%
High
11.48%
| Returns % | |
| 1 Month Return | 6.9 % |
| 3 Month Return | 1.36 % |
| 1 Year Return | 55.69 % |
| Market Stats | |
| Previous Close | ₹406.65 |
| Open | ₹408.95 |
| Volume | 1.61L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,722.16Cr |
Analyst Rating for Minda Corporation Ltd stock
based on 4 analysts
Based on 4 analysts offering long term price targets for Minda Corporation Ltd. An average target of ₹473
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹403.60 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹9,722.16Cr as of today
Revenue: ₹1,165.81Cr as on December 2023 (Q4 23)
Net Profit: ₹50.79Cr as on December 2023 (Q4 23)
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
FIIs and DIIs Increase Stake in Minda Corp - 11 Apr, 2024
Foreign Institutional Investors (FIIs) & Domestic Institutional Investors (DIIs) have increased their stake in Minda Corporation during the quarter ended March 2024. The company's return ratios witnessed a jump, with RoE increasing from 14.47% to 17.93%, and RoCE from 13.20% to 17.34%. Revenue mix shows wiring harness contributing 33%, locksets 24%, and others.
Minda Corporation Aims to Increase EV Revenue Share - 04 Apr, 2024
Minda Corporation plans to increase its EV revenue share from 5-6% currently to 10-15% by FY26E. The company has won 30% of orders in 9MFY24 for EVs and is expanding capacity for EV products. MDA stands to benefit from the new E Vehicle policy announced by the Government of India.
Minda Corporation Ltd's Future Looks Bright with Expected 44% Profit Growth - 27 Mar, 2024
According to a price multiple model, Minda Corporation Ltd's share price seems sensible at the moment. With expected profit growth of 44% over the next couple of years, the future looks bright for the company.
Minda Corp Produces Millionth Two-Wheeler Smart Keyless System - 22 Mar, 2024
Minda Corporation, the flagship company of Spark Minda, has produced its millionth two-wheeler Smart Keyless System in India. The system is designed and developed at Smart Minda Technical Centre as part of Spark Minda's efforts to strengthen its presence in the smart PEPS market.
Fundamentals of Minda Corporation Ltd
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 3.71% to 5.06% in Mar 2024 quarter
- 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
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 13.39% to 16.88% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, MINDACORP stock has moved up by 331.7%
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 64.84% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Cummins India Ltd has given 109.4% return, outperforming this stock by 53.8%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 12.99% to 7.90% in Mar 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.19K Cr → 1.16K Cr (in ₹), with an average decrease of 2.5% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 58.77 Cr → 52.49 Cr (in ₹), with an average decrease of 10.7% per quarter
Minda Corporation Ltd Valuation
Minda Corporation Ltd in the last 5 years
Lowest (-9.24x)
March 2, 2021
Today (34.35x)
April 16, 2024
Industry (56.78x)
April 16, 2024
Highest (59.33x)
June 10, 2021
Mutual Fund Holdings
| Funds | Holdings |
 Quant Small Cap Fund Growth Option Direct Plan | 1.61% |
 Axis Small Cap Fund Direct Growth | 1.27% |
 Motilal Oswal Flexicap Fund Direct Plan Growth | 1.88% |
 Aditya Birla Sun Life Pure Value Fund Direct Plan Growth | 2.83% |
 Kotak Small Cap Direct Growth | 1.11% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 64.84% | 0.00 | |
| Foreign Institutions | 5.06% | 0.00 | |
| Mutual Funds | 16.88% | 0.00 | |
| Retail Investors | 7.9% | 0.00 | |
| Others | 5.32% | 0.00 |
Technicals of Minda Corporation Ltd share
News & Events of Minda Corporation Ltd
Frequently Asked Questions
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Minda Corporation Ltd (MINDACORP) share price today is ₹403.6
Minda Corporation Ltd is listed on NSE
Minda Corporation Ltd is listed on BSE
- Today’s highest price of Minda Corporation Ltd is ₹411.4.
- Today’s lowest price of Minda Corporation Ltd is ₹402.05.
PE Ratio of Minda Corporation Ltd is 34.35
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 1.61L.
Today’s market capitalisation of Minda Corporation Ltd(MINDACORP) is ₹9722.16Cr.
| Minda Corporation Ltd(MINDACORP | Price |
|---|---|
52 Week High | ₹449.95 |
52 Week Low | ₹257.65 |
Minda Corporation Ltd(MINDACORP) share price is ₹403.6. It is down -10.30% from its 52 Week High price of ₹449.95
Minda Corporation Ltd(MINDACORP) share price is ₹403.6. It is up 56.65% from its 52 Week Low price of ₹257.65
| Minda Corporation Ltd(MINDACORP | Returns |
|---|---|
1 Day Returns | -3.05% |
1 Month Returns | 6.9% |
3 Month Returns | 1.36% |
1 Year Returns | 55.69% |