Minda Corporation
Minda Corporation Performance
Day Range
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- High
52 Week Range
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- High
- Open Price
- Previous Close
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Start SIP in Minda Corporation
Start SIPMinda Corporation Investment Rating
-
Master Rating:
-
Minda Corporation has an operating revenue of Rs. 4,300.14 Cr. on a trailing 12-month basis. An annual revenue growth of 44% is outstanding, Pre-tax margin of 7% is okay, ROE of 17% is exceptional. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 32% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 16% 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 38 which is a POOR score indicating inconsistency in earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 57 indicates it belongs to a fair industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 885 | 869 | 908 | 830 | 786 |
| Operating Expenses Qtr Cr | 795 | 779 | 815 | 746 | 700 |
| Operating Profit Qtr Cr | 89 | 90 | 94 | 84 | 86 |
| Depreciation Qtr Cr | 31 | 27 | 27 | 25 | 26 |
| Interest Qtr Cr | 12 | 10 | 9 | 8 | 7 |
| Tax Qtr Cr | -60 | 15 | 16 | 14 | -7 |
| Net Profit Qtr Cr | 111 | 41 | 48 | 41 | 83 |
Minda Corporation Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 14
- Bearish Moving Average
- ___
- 2
- 20 Day
- ₹282.19
- 50 Day
- ₹265.32
- 100 Day
- ₹247.24
- 200 Day
- ₹230.17
- 20 Day
- ₹280.79
- 50 Day
- ₹264.76
- 100 Day
- ₹236.54
- 200 Day
- ₹224.12
Minda Corporation Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹298.39 |
| Second Resistance | ₹301.37 |
| Third Resistance | ₹304.99 |
| RSI | 59.86 |
| MFI | 73.2 |
| MACD Single Line | 7.46 |
| MACD | 7.74 |
| Support | |
|---|---|
| First Resistance | ₹291.79 |
| Second Resistance | ₹288.17 |
| Third Resistance | ₹285.19 |
Minda Corporation Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,119,566 | 54,970,691 | 49.1 |
| Week | 1,811,827 | 82,112,000 | 45.32 |
| 1 Month | 1,120,803 | 52,823,435 | 47.13 |
| 6 Month | 945,752 | 42,379,152 | 44.81 |
Minda Corporation Result Highlights
Minda Corporation Synopsis
NSE-Auto/Truck-Original Eqp
Minda Corporation is involved in the business activities of Manufacture of padlocks, locks, keys, hinges and the like, hardware for buildings, furniture, vehicles etc.. Company’s Total Operating Revenue is Rs. 3492.42 Cr. and Equity Capital is Rs. 47.82 Cr. for the Year ended 31/03/2023. 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 | 6,828 |
| Sales | 3,492 |
| Shares in Float | 8.37 |
| No of funds | 83 |
| Yield | 0.41 |
| Book Value | 5.02 |
| U/D Vol ratio | 1.6 |
| LTDebt / Equity | 12 |
| Alpha | 0.16 |
| Beta | 1.09 |
Minda Corporation
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 64.73% | 64.73% | 64.73% | 64.73% |
| Mutual Funds | 4.76% | 5.84% | 5.61% | 5.44% |
| Insurance Companies | 1.28% | 1.66% | 2.01% | 2.83% |
| Foreign Portfolio Investors | 5.06% | 3.61% | 4.39% | 3.69% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 12.46% | 12.98% | 13.13% | 12.77% |
| Others | 11.71% | 11.18% | 10.13% | 10.54% |
Minda Corporation Management
| Name | Designation |
|---|---|
| Mr. Ashok Minda | Chairman & Group CEO |
| Mr. N K Modi | Executive Director |
| Mr. Aakash Minda | Executive Director |
| Mr. Ravi Sud | Nominee Director |
| Mr. Rakesh Chopra | Independent Director |
| Mr. Ashok Kumar Jha | Independent Director |
| Mrs. Pratima Ram | Independent Director |
| Mr. Avinash Parkash Gandhi | Independent Director |
Minda Corporation Forecast
Price Estimates
Minda Corporation Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-06-02 | Rights issue & Preferential issue | Inter alia, to consider and approve Raising of funds through issue of equity shares or any other equity-based instruments / securities by way of preferential issue or rights issue. per share(17.5%)Final Dividend |
| 2023-05-19 | Audited Results & Final Dividend | |
| 2023-02-08 | Quarterly Results & Interim Dividend | |
| 2022-11-04 | Quarterly Results | |
| 2022-08-05 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-02-18 | INTERIM | Rs.0.40 per share(20%)Interim Dividend |
| 2022-02-16 | INTERIM | Rs.0.30 per share(15%)Interim Dividend |
| 2021-02-16 | INTERIM | Rs.0.30 per share(15%)Interim Dividend |
Minda Corporation FAQs
What is Share Price of Minda Corporation ?
Minda Corporation share price is ₹290 As on 07 June, 2023 | 22:29
What is the Market Cap of Minda Corporation ?
The Market Cap of Minda Corporation is ₹6933.3 Cr As on 07 June, 2023 | 22:29
What is the P/E ratio of Minda Corporation ?
The P/E ratio of Minda Corporation is 24.4 As on 07 June, 2023 | 22:29
What is the PB ratio of Minda Corporation ?
The PB ratio of Minda Corporation is 4.4 As on 07 June, 2023 | 22:29