NSE: MINDACORP | BSE: 538962

Mid-range Performer

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512.85 5.00 (0.98%)

High volume today

NSE 25 Aug, 2025 3:50 PM (IST)

12,261.2

Market Cap

High in industry

1.3

Beta 1Year

Very 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.

Minda Corporation Ltd.

24 Feb 2020, 12:00AM

512.85

0.98%

Pick of the Week:24 FEB 2020

Buy: Minda Corporation Ltd.

Target

Axis Direct

...

Minda Corporation Ltd. has an average target of 598.00 from 2 brokers.

Minda Corporation Ltd.

13 Feb 2020

512.85

0.98%

Minda Ind.s (MIL) consolidated revenues stood at Rs 1,327 cr (?10% YoY & ?2% QoQ) in Q3FY20 largely in line with industry slowdown. The company reported EBIDTA of Rs 163 cr (?21% YoY & ?1% QoQ) with EBIDTA margin of 12.3% (+42 bps on YoY basis) owing to revenue decline

Minda Corporation Ltd.'s price crossed above 200Day SMA today

Minda Corporation Ltd.

12 Feb 2020

512.85

0.98%

Result Update:Minda Corp

Buy: Minda Corporation Ltd.

Target

Axis Direct

Minda Corporation Ltd. (MCL) posted revenues of Rs 671 cr (?13% YoY, ?9% QoQ) in Q3FY20 mainly due to fall in revenue largely reflecting the industry slowdown. EBIDTA margins were a beat and came in at 11.3% (v/s 7.1% in Q3FY19)

Minda Corporation Ltd.'s price crossed above 50Day SMA today

Minda Corporation Ltd.

14 Nov 2019

512.85

0.98%

Result Update:Minda Corp

Buy: Minda Corporation Ltd.

Target

Axis Direct

Minda Corporation Ltd. (MCL) posted revenues of Rs 735 cr (?5% YoY, ?4% QoQ) in Q2FY20 mainly due to fall in revenue (?22% YoY) in Information and Connected Systems (ICS) segment which caters to commercial vehicle industry which is down by 38.6% in Q2FY20.

Minda Corporation Ltd. is trading at high day volume of 1.6M.

Minda Corporation Ltd.

21 Aug 2019

512.85

0.98%

Result Update:Minda Corp

Buy: Minda Corporation Ltd.

Target

Axis Direct

Minda Corporation Ltd. (MCL) posted revenues of Rs 702 Cr. (?9% YoY, ?8% QoQ) in Q1FY20 mainly due to dismal performance of Plastics & Interior business (?38% YoY). This was majorly due to a substantial fall in tool sales of Minda KTSN, on subdued European demand.

Minda Corporation Ltd.'s price crossed above 30Day SMA today

Minda Corporation Ltd.

11 Jun 2019

512.85

0.98%

Result Update:Minda Corp

Buy: Minda Corporation Ltd.

Target

Axis Direct

Minda Corporation Ltd. (MCL) posted revenues of Rs 771 Cr. (up 7% Y-o-Y, flat Q-o-Q) in 4QFY19 due to growth in volumes across major businesses particularly Mechatronics and Information & Connected systems, profit after tax was flat at Rs 39.1 cr.

Minda Corporation Ltd.'s price crossed above 30Day SMA today

Minda Corporation Ltd.

13 Nov 2018

512.85

0.98%

Minda Corporation Ltd. - Q2FY19 Result Update - Topline healthy; but margins disappoint

Buy: Minda Corporation Ltd.

Target

Religare

Minda Corp reported decent set of numbers, which were only marginally lower than our estimates. Its Net Sales grew at a healthy pace of 18.1% YoY led by strong growth witnessed in the domestic business which grew by 26% YoY. Despite margin improvement in its two segments namely, SSR and DIS, the overall operating margin contracted by 82bps during the quarter mainly on account of lower revenue in the Interior system (IS) business.

Minda Corporation Ltd.'s price crossed above 100Day SMA today

Minda Corporation Ltd.

06 Nov 2018

512.85

0.98%

Minda Corporation Ltd: Revenue Visibility Looks Intact

Buy: Minda Corporation Ltd.

Recommendation Target

Karvy

Revenue Visibility Looks Intact: Consolidated revenue for Q2FY19 came in at Rs. 7732 Mn vs. our estimation of Rs. 8187 Mn (5.5% deviation).

Minda Corporation Ltd.'s price crossed above 100Day SMA today

Minda Corporation Ltd.

27 Aug 2018

512.85

0.98%

Pick of the Week:27 AUG 2018

Buy: Minda Corporation Ltd.

Axis Direct

Minda Corporation Ltd. is trading below its 150 day SMA of 520.9

Minda Corporation Ltd.

16 Aug 2018

512.85

0.98%

Minda Corporation Limited - Q1FY19 Result Update - Robust performance; outlook remains strong

Buy: Minda Corporation Ltd.

Religare

Minda Corp reported strong set of numbers, which was marginally ahead of our estimates. Its consolidated net revenue and PAT grew by 33.8% and 63.3% yoy. The growth was led by robust growth witnessed across all three verticals and improved operational performance.

Deven Choksey released a Buy report for Minda Corporation Ltd. with a price target of 596.0 on 20 Aug, 2025.

Is Minda Corporation Ltd. worth buying?

245 Votes:

Buy 82.86%

Sell 7.35%

Hold 9.8%

RESEARCH REPORTS

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Buy SEE REPORTS >

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