NSE: MINDACORP | BSE: 538962

Mid-range Performer

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518.65 1.60 (0.31%)

61,241 NSE+BSE Volume

NSE 10 Jul, 2025 11:31 AM (IST)

12,399.9

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.

11 Aug 2018

518.65

0.31%

Minda Corporation Ltd: Premiumisation Driven by Customer Dem...

Hold: Minda Corporation Ltd.

Target

Karvy

Premiumisation Driven by Customer Demand:Current order book line-up during Q1FY19 was Rs. 11000 Mn (1.4x of Q1FY19 revenue) across three verticals; Safety & Security, Driver Telematics and InteriorSystems.

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

Minda Corporation Ltd.

05 Jun 2018

518.65

0.31%

Minda Corporation Limited - Q4FY18 Result Update - Stellar performance continues

Buy: Minda Corporation Ltd.

Target

Religare

Minda Corporation Limited (Minda) reported better than expected results in Q4FY18. Net revenue and PAT increased by 39.9% and 137% yoy respectively. The topline growth was supported by growth in volumes across segments and businesses; whereas net profit growth was mainly on account of improved margins.

Minda Corporation Ltd. is trading below its 30 day SMA of 528.2

Minda Corporation Ltd.

31 May 2018

518.65

0.31%

Minda Corporation Ltd: Consistent Order Book Assures Revenue...

Hold: Minda Corporation Ltd.

Recommendation Target

Karvy

Consistent Order Book Assures Revenue Growth: The order book build-up during FY18 was Rs. 42.2 Bn which is expected to beexecuted over the next six years translating to ~ 7 Bn per year. Based on this,we estimate revenue to grow at a CAGR of 20.6% during FY18-20E across thesegments with an EPS growth of 25.1%.

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

Minda Corporation Ltd.

07 May 2018

518.65

0.31%

Pick of the Week:07 MAY 2018

Buy: Minda Corporation Ltd.

Axis Direct

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

Minda Corporation Ltd.

12 Mar 2018

518.65

0.31%

Pick of the Week:12 MAR 2018

Buy: Minda Corporation Ltd.

Target

Axis Direct

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

Minda Corporation Ltd.

28 Feb 2018

518.65

0.31%

Result Update:Minda Corp

Buy: Minda Corporation Ltd.

Target

Axis Direct

Minda Corporation Ltd. (MCL) in 3QFY18 posted revenues of Rs 636 Cr. (up 25.2% Y-o-Y, down 3% Q-o-Q) due to growth in volumes across major businesses particularly Safety, Security and Restraint systems. PAT was at Rs 37.9 Cr.

Minda Corporation Ltd. is trading above its 100 day SMA of 517.6

Minda Corporation Ltd.

21 Feb 2018

518.65

0.31%

Minda Corporation Ltd: Consistent Order Book Build-up (Feb 21, 2018)

Buy: Minda Corporation Ltd.

Recommendation Target

Karvy

Consistent Order Book Build-up:Revenue for Q3FY18 came in at Rs. 6362 Mn, up by 25.2% YoY driven by strong growth in Safety and Security systems by ~ 66.0% and also due to the base effect on account of demonetization. Total orders booked during 9MFY18 are worthRs 28.5 Bn with a visibility for the next five years out of which a significant portion of Rs 16.3 Bn constitutes the Driver and Telematic System which includes wiring harness, instrument clusters & sensors.

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

Minda Corporation Ltd.

15 Feb 2018

518.65

0.31%

Minda Corporation - Q3FY18 Result Update - Focus on exports and new products to drive growth

Buy: Minda Corporation Ltd.

Target

Religare

Minda Corp reported better than expected Q3FY18 result. Total income and Net profit increased by 25.2% and 78% yoy respectively. The topline was supported by growth in volumes across all the business segments, whereas profit increased due to better product mix, reduction in operational cost and focus on profitable products.

Minda Corporation Ltd. is trading above its 100 day SMA of 517.6

Minda Corporation Ltd.

11 Dec 2017

518.65

0.31%

Pick of the Week:11 DEC 2017

Buy: Minda Corporation Ltd.

Target

Axis Direct

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

Minda Corporation Ltd.

30 Nov 2017

518.65

0.31%

Initiating Coverage:Minda Corp

Buy: Minda Corporation Ltd.

Axis Direct

Focus on increasing exports and reduce costs, geared to tap potential growth opportunities, Greenfield expansion at Mexico and Die Casting plant at Pune to aid revenue growth, Diversified revenue streams product and end-market wise

Minda Corporation Ltd. is trading below its 30 day SMA of 528.2

Is Minda Corporation Ltd. worth buying?

243 Votes:

Buy 83.13%

Sell 7.41%

Hold 9.47%

RESEARCH REPORTS

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Hold SEE REPORTS >

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