Minda Corporation Ltd. share price target

We recommend a HOLD rating (unchanged) on the company

We maintain our HOLD rating owing to a limited upside potential. However, we recommend a BUY on dips strategy for the stock.

We recommend a HOLD rating (earlier BUY) on the company

We maintain a BUY rating on the company

We recommend a BUY rating on the stock with a target price of Rs 502/share, implying an upside of 10% from the CMP

We maintain a positive view on the company as it will be a key beneficiary of product premiumization, EV growth, richer product mix on account of increased businesses from CV/PV OEMs and growth opportunities via organic and inorganic routes in the future.

Recommendation: We maintain a positive view on the company as it will be the beneficiary of product premiumization, EV growth, increased business from CV/PV OEMs and growth opportunities via organic and inorganic routes in the future.

We value the stock at 20x Sep '25 EPS (roll forward from Jun'25 EPS) as it will be a key beneficiary of product premiumization, EV growth, increased business from CV/PV OEMs and growth opportunities via organic and inorganic routes in the future; We arrive at a TP of Rs 375/share i

We maintain a positive view on the company as it will be a beneficiary of product premiumization, EV growth, increased business from CV/PV OEMs and growth opportunities via organic and inorganic routes in the future (stake increase in Pricol which has over 40% market share

Revving up dominance in the automobile industry

Recommendation: We maintain a positive view on the company as it will be a beneficiary of product premiumization, EV growth, increased business from CV/PV OEMs and growth opportunities via organic and inorganic route in the future (stake increase in Pricol will be the key monitorable).

Recommendation: We maintain a positive view of the company as it will be a key beneficiary of product premiumization, EV growth, and increased business from CV/PV OEMs.

We continue to value the stock at 16x FY25 EPS. Our unchanged TP of 230 implies an upside of 13.5% from the CMP.

We maintain a moderately positive view on the company as it will be a key beneficiary to product premiumization, EV growth, increased business from CV/PV OEMs but have a cautious outlook on the 2W domestic market and overall export market in the next few quarters.

We maintain our BUY rating on the stock and value the company at 18x FY24E EPS to arrive at a TP of Rs 270/share (unchanged), implying an upside of 16% from the CMP.

We maintain our BUY rating on the stock with a revised TP of Rs 245 (Rs 230 earlier), valuing the company at 18x FY24E EPS, implying an upside of 18% from CMP.