NSE: MINDACORP | BSE: 538962

Mid-range Performer

Download real time

595.20 -6.75 (-1.12%)

Near 52W High of ₹619.95

207.0K NSE+BSE Volume

NSE 21 Nov, 2025 3:31 PM (IST)

14,230

Market Cap

High in industry

1.2

Beta 1Year

High Volatility

Minda Corporation Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MINDACORP, BSE:538962 Minda Corporation Ltd.

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Minda Corporation Ltd.

07 Nov 2025

595.20

-1.12%

Result Update:Minda Corp

Buy: Minda Corporation Ltd.

Axis Direct

We recommend a BUY on the stock.

Minda Corporation Ltd. has an average target of 646.33 from 3 brokers.

Minda Corporation Ltd.

07 Nov 2025

595.20

-1.12%

Growth aided by a momentum in EV and premium offerings

Accumulate: Minda Corporation Ltd.

Recommendation Target

Deven Choksey

Minda Corp.’s medium-term growth visibility remains strong, underpinned by rising content-per-vehicle, a healthy platform order pipeline, and continued portfolio premiumization.

Deven Choksey downgraded Minda Corporation Ltd. to Accumulate with a price target of 649.0 on 07 Nov, 2025.

Minda Corporation Ltd.

30 Sep 2025

595.20

-1.12%

Event Update

Buy: Minda Corporation Ltd.

Deven Choksey

We had attended recent Analyst day hosted by the Company on September 23,
2025. The Company holds a good market in vehicle access systems, and with
innovation through R&D has built a deep expertise in manufacturing of wiring
harness and connectors, clusters, ADS and sensors, EV powered electronics
through both independently and by forming JVs with technology partners.

Number of FII/FPI investors increased from 136 to 145 in Sep 2025 qtr.

Minda Corporation Ltd.

25 Sep 2025

595.20

-1.12%

Company Update:Minda Corp

Buy: Minda Corporation Ltd.

Target

Axis Direct

Given the strong growth trajectory and healthy balance sheet, the stock is valued at a 36x multiple on FY28E EPS (unchanged), arriving at a target price of Rs 690/share (vs. Rs 600 earlier), implying a 19% upside from CMP.

Deven Choksey downgraded Minda Corporation Ltd. to Accumulate with a price target of 649.0 on 07 Nov, 2025.

Minda Corporation Ltd.

24 Sep 2025

595.20

-1.12%

Stock Flash

Buy: Minda Corporation Ltd.

Deven Choksey

Minda Corp. Vision 2030E outlines a significant growth trajectory and financial improvement targets compared to FY25 performance.

Deven Choksey downgraded Minda Corporation Ltd. to Accumulate with a price target of 649.0 on 07 Nov, 2025.

Minda Corporation Ltd.

24 Sep 2025

595.20

-1.12%

Vision 2030 – Targets 3.5x revenue; >25% ROCEs

Buy: Minda Corporation Ltd.

Emkay

We attended Minda’s Analyst Meet and visited Spark Minda Technical Centre (SMIT) in Pune and its Flash Electronics plant; the management outlined its ‘Vision 2030’ at the Meet.

Number of FII/FPI investors increased from 136 to 145 in Sep 2025 qtr.

Minda Corporation Ltd.

23 Aug 2025

595.20

-1.12%

Pick of the Week:Minda Corp

Buy: Minda Corporation Ltd.

Target

Axis Direct

We are implying an upside of 10% from the CMP, with a target price of Rs 560/share.

Deven Choksey downgraded Minda Corporation Ltd. to Accumulate with a price target of 649.0 on 07 Nov, 2025.

Minda Corporation Ltd.

20 Aug 2025

595.20

-1.12%

Robust order pipeline, new product launches and strategic expansion to drive future growth

Buy: Minda Corporation Ltd.

Deven Choksey

We have revised our FY26E/FY27E EPS estimates by -20.9%/-13.2%, as we factor in higher interest costs for acquisitions facilitated through borrowings, elevated depreciation and lower other income in absence of large idle reserves.