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INFY

Minda Corporation Ltd.

₹163.15
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Investment Ratings

As per analysts rating in the last 6 months, the recommendation is to HOLD Minda Corp

  • Master Rating:
  • Minda Corporation has an operating revenue of Rs. 2,823.77 Cr. on a trailing 12-month basis. An annual revenue de-growth of -16% needs improvement, Pre-tax margin of 3% needs improvement, ROE of 4% is fair but needs improvement. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 32% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 11% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 55 which is a POOR score indicating inconsistency in earnings, a RS Rating of 65 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 80 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Minda Corporation Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Ratings

Eps And Sales Estimates

Minda Corporation Ltd Synopsis

NSE-Auto/Truck-Original Eqp

Minda Corporation is involved in the business activities of Manufacture of other electronic and electric wires and cables (insulated wire and cable made of steel, copper, aluminium). Company’s Total Operating Revenue is Rs. 2288.80 Cr. and Equity Capital is Rs. 47.80 Cr. for the Year ended 31/03/2021. Minda Corporation Ltd. is a Public Limited Listed company incorporated on 11/03/1985 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1985PLC020401 and registration number is 020401.
  • Market Cap

    INR 3,900.57 Cr

  • Sales

    INR 2,718.70 Cr

  • Shares in Float

    8.37 Cr

  • No of Funds

    40 K

  • Yield

    0.4%

  • Book Value

    3.8

  • U/D Vol Ratio

    3.1

  • LTDebt/Equity

    9%

  • Alpha

    0.15

  • Beta

    1.3

Minda Corporation Ltd Ownership
Minda Corporation Ltd Management

Minda Corporation Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 1026.7866.31132.5683.7414.1
Fixed Assets Annual Cr 592.2559.6459.7425.1180.3
Total Non Current Assets Annual Cr 791.1754.4863.3794504.8
Total Current Assets Annual Cr 1409.71111.91119.1723217.3
Total Assets Annual Cr 2200.81866.31982.41517722.1
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 42.95838.162849.889832.634819.766
ROE Annual % 8.15-27.8314.181513.2
ROCE Annual % 12.6719.520.4320.4115.19
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 10.4413.4713.4811.3112.24

Minda Corporation Ltd Technicals

EMA & SMA

CURRENT PRICE

163.15 (-1.15)

    • Bullish Moving Averages 9
    • Bearish Moving Averages 7

EMA

  • 20 Day

    164.04

  • 50 Day

    153.44

  • 100 Day

    141.93

  • 200 Day

    124.66

Minda Corporation Ltd Resistance and support

166.19 PIVOT

  • First Resistance

    170.37

  • Second Resistance

    175.69

  • Third Resistance

    179.87

  • First Support

    160.87

  • Second Support

    156.69

  • Third Support

    151.37

  • RSI

    51.78

  • MFI

    52.42

  • MACD

    4.2

  • MACD signal line

    6.12

Minda Corporation Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 298,561 12,366,397 41.42%
Week 946,056 43,972,683 46.48%
1 Month 860,900 43,441,009 50.46%
6 Month 1,032,673 38,177,905 36.97%

Minda Corporation Ltd Price change analysis

-8.7

Over 1 month

Low High
153.95 179.85

32.4

Over 3 month

Low High
118.7 179.85

35.55

Over 6 months

Low High
114.35 179.85

80.15

Over Year

Low High
77.25 179.85

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