Uno Minda Ltd Share Price (UNOMINDA)

Uno Minda to Invest INR 540 Crore in Alloy Wheel Business - 16 Apr, 2024

Uno Minda is set to invest INR 540 crore in its alloy wheel business, with a capacity of 120,000 wheels per month and potential revenues of around INR 650-700 crores annually. The company is also exploring new businesses as many plants are running at full capacity and engaging with top-tier players in the EV industry.

Uno Minda Appoints Rakesh Mehta as Chief Human Resource Officer - 14 Apr, 2024

Auto parts manufacturer Uno Minda has appointed Rakesh Mehta as its new Chief Human Resource Officer, effective from 12 April 2024. Mehta is a veteran who was previously with JSW Energy Ltd., where he served as Sr. Vice President & Head - Human Resources and spearheaded cultural transformation through HR best practices.

Uno Minda Announces Expansion Plans Worth Rs. 542 Crore - 12 Apr, 2024

Uno Minda is expanding its alloy wheel plant with a monthly capacity of 1.2 lakh wheels per month, securing strategic land parcels, and opening a new school in Tamil Nadu. Asit C Mehta recommends accumulating Uno Minda Ltd. with a target price of Rs. 938.

Uno Minda to Set Up Greenfield Alloy Wheel Plant - 11 Apr, 2024

Uno Minda is set to establish a greenfield passenger vehicle alloy wheel plant with a capacity of 120,000 wheels per month at IMT Kharkhoda, Haryana. The plant will be built in phases over the next five years, with phase one expected to commission in Q2 FY2026. The company has secured a strategic land parcel of 94.32 acres for its ongoing and future expansions.

Uno Minda to Set Up Greenfield Alloy Wheel Plant - 10 Apr, 2024

Auto components maker Uno Minda is set to establish a greenfield passenger vehicle alloy wheel plant in IMT Kharkhoda, Haryana. The plant will be set up in phases over the next five years, with phase one commissioning in Q2 FY26 and a capacity of 120,000 wheels per month.

Uno Minda Reports Strong Revenue Growth and Increased Insider Ownership - 04 Apr, 2024

Uno Minda reports strong revenue growth in its focus segments, with increased insider ownership at 38%. The company also saw a 25% YoY increase in EPS and maintained stable EBIT margins.

Global Bike Recall Affects Uno Minda and Honda - 02 Apr, 2024

Honda Motorcycle & Scooter India has issued a global recall of its bikes due to an issue with the engine cover supplied by Uno Minda's Bawal plant. The value of recalled parts is estimated at Rs 76 crore, but Uno Minda has an adequate product recall insurance policy.

Uno Minda Appoints New Directors, Approves Investment in SPV - 01 Apr, 2024

Uno Minda has appointed Vivek Jindal as Whole-time Director and A G Giridharan as CEO-Safety and Comfort System Domain. The board also approved an additional investment of INR 2.27 crores in Strongsun Renewables Pvt. Ltd. for sourcing solar power.

Uno Minda Shares Surge on Partnership Announcement - 26 Mar, 2024

Uno Minda has signed a Technical License Agreement with Starcharge Energy for manufacturing and selling EVSE in India, leading to a 4.6% surge in share prices. The company also gained 3% after signing a License Agreement for the supply of AC chargers. Analysts predict an average return potential of 13%.

Uno Minda Enters Technical Licence Agreement with Starcharge Energy - 25 Mar, 2024

Auto components maker Uno Minda has entered into a technical licence agreement with Starcharge Energy for the manufacture and sale of wall-mounted AC chargers designed for convenient home charging in India.

Uno Minda Partners with Starcharge for EV Charging Solutions - 22 Mar, 2024

Uno Minda has signed a technical license agreement with Starcharge Energy to manufacture and sell electric vehicle supply equipment (EVSE) in India, further building up its EV-specific product portfolio for the passenger car market.

Uno Minda Acquires 50.1% Stake in Buehler Motor GmbH - 21 Mar, 2024

Auto component manufacturer Uno Minda has acquired a 50.1% stake in Buehler Motor GmbH for INR 17 crore, with an additional investment of over INR 6 crore in Uno Minda Buehler Motor Private Limited.

Uno Minda Receives Rating Upgrade and Launches New Automotive Solutions - 19 Mar, 2024

Automotive supplier Uno Minda receives a rating upgrade from Kotak Institutional Equities and launches new products including passenger vehicle rear-view mirrors and 4 Wheeler Rear View Mirrors focused on enhancing road visibility and safety.

Kotak Upgrades Rating of Uno Minda Stock - 18 Mar, 2024

Kotak Institutional Equities has upgraded its rating of Uno Minda stock to add from sell, citing the recent correction and rising demand as potential drivers. The company is expected to maintain its outperformance compared to industry growth, benefitting from steady demand trends in the two-wheeler segment and a shift towards electric vehicles.