560.05
4.34%
Dolat Capital
Minda Corp posted weak margin performance in 2QFY21. Revenue grew 17% YoY while EBITDA remain flat dragged by contraction in gross margin. EBITDA margin stood at 10% (-187bps YoY) led by weak margin in both Mechatronics and Wiring harness segment. Net profit de-grew...
Axis Direct decreased Hold price target of Minda Corporation Ltd. to 590.0 on 28 May, 2025.
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