501.3000 2.30 (0.46%)
NSE Aug 28, 2025 15:31 PM
Volume: 137.4K
 

501.30
0.46%
Karvy
Temporary Issues in Subsidiary Deplete Operating Margins:Q3FY17 consolidated revenue posted Rs. 7230 Mn up by 10.1% YoY and declined by 7.6% QoQ, where EBITDA significantly dropped by 69.6%/63.8% in QoQ/YoY majorly led by one-off expenses in the raw material costs in their joint venture Minda Furukawa Ltd and some pre-operating expenses in their green field Mexico plant and Spark Minda technical centre (Pune).
Axis Direct decreased Buy price target of Minda Corporation Ltd. to 560.0 on 25 Aug, 2025.
More from Minda Corporation Ltd.
Recommended