Minda Corporation Share Price
- Advice
- Hold
Start SIP in Minda Corporation
Start SIPMinda Corporation Performance
Day Range
- Low 548
- High 562
52 Week Range
- Low 313
- High 652
- Open Price561
- Previous Close556
- Volume488231
Minda Corporation Investment Rating
-
Master Rating:
-
Minda Corporation has an operating revenue of Rs. 4,769.02 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 7% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 23% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 86 which is a GOOD score indicating consistency in earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 64 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 gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 967 | 1,005 | 969 | 990 | 880 | 885 |
Operating Expenses Qtr Cr | 859 | 883 | 856 | 879 | 789 | 795 |
Operating Profit Qtr Cr | 108 | 122 | 113 | 111 | 91 | 89 |
Depreciation Qtr Cr | 38 | 36 | 34 | 34 | 32 | 31 |
Interest Qtr Cr | 10 | 12 | 14 | 15 | 14 | 12 |
Tax Qtr Cr | 18 | 21 | 22 | 16 | 12 | -60 |
Net Profit Qtr Cr | 52 | 62 | 44 | 48 | 35 | 111 |
Minda Corporation Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 15
- Bearish Moving Average
- ___
- 1
- 20 Day
- ₹551.24
- 50 Day
- ₹528.63
- 100 Day
- ₹495.31
- 200 Day
- ₹448.62
- 20 Day
- ₹565.48
- 50 Day
- ₹525.05
- 100 Day
- ₹483.09
- 200 Day
- ₹441.93
Minda Corporation Resistance and Support
Resistance | |
---|---|
First Resistance | 562.37 |
Second Resistance | 569.43 |
Third Resistance | 576.87 |
RSI | 53.06 |
MFI | 46.97 |
MACD Single Line | 10.07 |
MACD | 5.34 |
Support | |
---|---|
First Support | 547.87 |
Second Support | 540.43 |
Third Supoort | 533.37 |
Minda Corporation Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 534,394 | 24,929,480 | 46.65 |
Week | 462,816 | 20,317,640 | 43.9 |
1 Month | 1,721,182 | 32,908,997 | 19.12 |
6 Month | 778,416 | 32,958,135 | 42.34 |
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. 3844.50 Cr. and Equity Capital is Rs. 47.80 Cr. for the Year ended 31/03/2024. 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 | 13,290 |
Sales | 3,931 |
Shares in Float | 8.37 |
No of funds | 117 |
Yield | 0.25 |
Book Value | 7.66 |
U/D Vol ratio | 3.7 |
LTDebt / Equity | 8 |
Alpha | 0.11 |
Beta | 0.91 |
Minda Corporation Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 64.84% | 64.84% | 64.84% | 64.84% |
Mutual Funds | 16.82% | 16.88% | 13.39% | 11.51% |
Insurance Companies | 3.7% | 3.6% | 3.27% | 1.54% |
Foreign Portfolio Investors | 6.07% | 5.07% | 3.73% | 5.53% |
Financial Institutions/ Banks | ||||
Individual Investors | 4.69% | 5.54% | 10.3% | 11.41% |
Others | 3.88% | 4.07% | 4.47% | 5.17% |
Minda Corporation Management
Name | Designation |
---|---|
Mr. Ashok Minda | Chairman & Group CEO |
Mr. Aakash Minda | Executive Director |
Mr. N K Modi | Executive Director |
Mr. Ashok Kumar Jha | Independent Director |
Ms. Pratima Ram | Independent Director |
Mr. Ravi Sud | Independent Director |
Mr. Gajanan V Gandhe | Independent Director |
Minda Corporation Forecast
Price Estimates
Minda Corporation Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-08-08 | Quarterly Results | |
2024-05-22 | Audited Results & Final Dividend | |
2024-02-01 | Quarterly Results & Interim Dividend | |
2023-11-02 | Quarterly Results | |
2023-08-03 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2024-02-14 | INTERIM | Rs.0.50 per share(25%)Interim Dividend |
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 ₹555 As on 18 September, 2024 | 02:21
What is the Market Cap of Minda Corporation ?
The Market Cap of Minda Corporation is ₹13276.1 Cr As on 18 September, 2024 | 02:21
What is the P/E ratio of Minda Corporation ?
The P/E ratio of Minda Corporation is 53.9 As on 18 September, 2024 | 02:21
What is the PB ratio of Minda Corporation ?
The PB ratio of Minda Corporation is 6.7 As on 18 September, 2024 | 02:21