Minda Industries Ltd (MIL) is a diversified auto ancillary supplier, manufacturing products such as switches, horns & lights. MIL holds a leadership position in switch business with a market share of 67%. Q4FY21 consolidated revenue grew by 49%YoY outperforming the industry growth of 31%. In which, MIL grew by 48%YoY and Merged entity Harita Seating Ltd grew by 59% respectively. This was mainly on account of new customer addition in 2W/4W,...