Minda Corp: Stable Performance; Cautiously Optimistic Outlook
Given the recent run-up in Minda Corps stock price, we are revising our rating from BUY to HOLD and value the company at 16x FY23E EPS to arrive at...
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Minda Corporation: Strong Performance; Growth, Margin Triggers in Place
Minda Corporation (MCL) primarily serves domestic auto OEMs across two main verticals – mechatronics & aftermarket (i.e. MCH – safety & security,...
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PLI Scheme - EV Advantage Continues
We expect Minda Industries and Minda Corp to benefit from this scheme. The Union Cabinet has approved Rs 26,058 Cr of Production Linked Incentives...
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Minda Corporation: Order Win Momentum Picks up Pace
Minda Corporation (MCL) primarily serves domestic auto OEMs across two main verticals – mechatronics & aftermarket (MCH – safety & security,...
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Pick of the Week: Minda Corporation
Minda Corporation (Minda Corp) is the flagship company of the Spark Minda group and is a leading supplier of key auto components to domestic as...
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