MINDACORP

Minda Corporation Share PriceMinda Corporation

₹290.00
-5.4 (-1.83%)
As on 07 June, 2023 | 22:43 BSE: 538962 NSE: MINDACORP

Minda Corporation Performance

Day Range

  • Low
  • High
290.00

52 Week Range

  • Low
  • High
290.00
  • Open Price
  • Previous Close
  • Volume

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Minda Corporation Share Price

  • Over 1 Month 7.55%
  • Over 3 Month 40.33%
  • Over 6 Month 35.17%
  • Over 1 Year 49.02%

Minda Corporation Key Statistics

P/E Ratio 24.4
PEG Ratio 0.5
Market Cap Cr 6,933
Price to Book Ratio 4.4
EPS 11.1
Dividend 0.4
Relative Strength Index 59.86
Money Flow Index 73.2
MACD Signal 7.46
Average True Range 9.9

Minda 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

Minda Corporation Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 885869908830786
Operating Expenses Qtr Cr 795779815746700
Operating Profit Qtr Cr 8990948486
Depreciation Qtr Cr 3127272526
Interest Qtr Cr 1210987
Tax Qtr Cr -60151614-7
Net Profit Qtr Cr 11141484183

Minda Corporation Technicals

EMA & SMA

Current Price
₹290.00
-5.4 (-1.83%)
  • 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

PIVOT
₹294.77
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 NameMar-23Dec-22Sep-22Jun-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

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

Other Analyst Rating

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 MF Shareholding

Name Amount(cr)
Axis Small Cap Fund Regular Growth 12257
Axis Multicap Fund Regular Growth 4344
Quant Small Cap Fund Growth 4092
Aditya Birla Sun Life Pure Value Fund Growth 4038
Aditya Birla Sun Life Small Cap Fund Growth 3034

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

Q2FY23

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