NSE: MINDACORP | BSE: 538962

Turnaround Potential

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597.25 -8.00 (-1.32%)

Near 52W High of ₹619.95

107.1K NSE+BSE Volume

NSE 23 Dec, 2025 3:31 PM (IST)

14,279

Market Cap

High in industry

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.

05 Jun 2018

597.25

-1.32%

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 above all available SMAs

Minda Corporation Ltd.

31 May 2018

597.25

-1.32%

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%.

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

Minda Corporation Ltd.

07 May 2018

597.25

-1.32%

Pick of the Week:07 MAY 2018

Buy: Minda Corporation Ltd.

Axis Direct

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

Minda Corporation Ltd.

12 Mar 2018

597.25

-1.32%

Pick of the Week:12 MAR 2018

Buy: Minda Corporation Ltd.

Target

Axis Direct

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

Minda Corporation Ltd.

28 Feb 2018

597.25

-1.32%

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.

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

Minda Corporation Ltd.

21 Feb 2018

597.25

-1.32%

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.

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

Minda Corporation Ltd.

15 Feb 2018

597.25

-1.32%

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.

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

Minda Corporation Ltd.

11 Dec 2017

597.25

-1.32%

Pick of the Week:11 DEC 2017

Buy: Minda Corporation Ltd.

Target

Axis Direct

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

Minda Corporation Ltd.

30 Nov 2017

597.25

-1.32%

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. has an average target of 646.33 from 3 brokers.

Minda Corporation Ltd.

16 Nov 2017

597.25

-1.32%

Minda Corporation Ltd: Consistent Order Book Built-up (Nov 16, 2017)

Hold: Minda Corporation Ltd.

Recommendation Target

Karvy

Consistent Order Book Built-up; Minda Corporation Ltd (MCL) posted revenue of Rs. 6550 Mn during Q2FY18 up by 12.6% QoQ/19.6% YoY driven by higher export orders and increase in share of business with their clients.

Minda Corporation Ltd. is trading above all available SMAs

Is Minda Corporation Ltd. worth buying?

248 Votes:

Buy 83.06%

Sell 7.26%

Hold 9.68%

RESEARCH REPORTS

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