MINDACORP

Minda Corporation

₹430.75
+4.9 (1.15%)
  • Advice
  • Hold
18 May, 2024 17:33 BSE: 538962 NSE: MINDACORPISIN: INE842C01021

Start SIP in Minda Corporation

Start SIP

Minda Corporation Performance

Day Range

  • Low 422
  • High 433
₹ 430

52 Week Range

  • Low 269
  • High 450
₹ 430
  • Open Price428
  • Previous Close426
  • Volume99462

Minda Corporation Share Price

  • Over 1 Month +5.93%
  • Over 3 Month +6.03%
  • Over 6 Month +26.32%
  • Over 1 Year +60.22%

Minda Corporation Key Statistics

P/E Ratio 37
PEG Ratio 2.2
Market Cap Cr 10,298
Price to Book Ratio 6.5
EPS 11.1
Dividend 0.3
Relative Strength Index 61.13
Money Flow Index 59.34
MACD Signal 1.07
Average True Range 12.05
Minda Corporation Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 969990880885
Operating Expenses Qtr Cr 856879789795
Operating Profit Qtr Cr 1131119189
Depreciation Qtr Cr 34343231
Interest Qtr Cr 14151412
Tax Qtr Cr 221612-60
Net Profit Qtr Cr 444835111
IndicatorMar 2023
Total Revenue Annual Cr 3,534
Operating Expenses Annual Cr 3,136
Operating Profit Annual in Cr 357
Depreciation Cr 110
Interest Annual Cr 39
Tax Annual Cr -16
Net Profit Annual Cr 241
IndicatorMar 2023
Cash from Operating Activity Annual Cr 375
Cash from Investing Activity Annual Cr -452
Cash from Financing Annual Activity Cr 108
Net Cash Flow Annual Cr 31
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 1,379
Fixed Assets Annual Cr 857
Total Non Current Assets Annual Cr 1,630
Total Current Assets Annual Cr 1,214
Total Assets Annual Cr 2,844
IndicatorMar 2023
Book Value Per Share Annual Rs 58
ROE Annual % 17
ROCE Annual % 17
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 11
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,1661,1961,0751,075
Operating Expenses Qtr Cr 1,0361,065960958
Operating Profit Qtr Cr 130131115117
Depreciation Qtr Cr 42413939
Interest Qtr Cr 14151412
Tax Qtr Cr 251917-55
Net Profit Qtr Cr 525945122
IndicatorMar 2023
Total Revenue Annual Cr 4,316
Operating Expenses Annual Cr 3,839
Operating Profit Annual in Cr 462
Depreciation Cr 138
Interest Annual Cr 41
Tax Annual Cr 4
Net Profit Annual Cr 285
IndicatorMar 2023
Cash from Operating Activity Annual Cr 387
Cash from Investing Activity Annual Cr -428
Cash from Financing Annual Activity Cr 74
Net Cash Flow Annual Cr 34
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 1,586
Fixed Assets Annual Cr 1,018
Total Non Current Assets Annual Cr 1,641
Total Current Assets Annual Cr 1,583
Total Assets Annual Cr 3,224
IndicatorMar 2023
Book Value Per Share Annual Rs 66
ROE Annual % 18
ROCE Annual % 17
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 11

Minda Corporation Technicals

EMA & SMA

Current Price
₹430.75
+4.9 (1.15%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹414.26
  • 50 Day
  • ₹410.73
  • 100 Day
  • ₹400.17
  • 200 Day
  • ₹371.55
  • 20 Day
  • ₹412.04
  • 50 Day
  • ₹410.16
  • 100 Day
  • ₹406.28
  • 200 Day
  • ₹371.90

Minda Corporation Resistance and Support

PIVOT
₹426.15
Resistance
First Resistance 431.55
Second Resistance 437.25
Third Resistance 442.65
RSI 61.13
MFI 59.34
MACD Single Line 1.07
MACD 2.84
Support
First Support 420.45
Second Support 415.05
Third Supoort 409.35

Minda Corporation Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 340,131 17,952,114 52.78
Week 573,959 31,510,360 54.9
1 Month 543,055 34,657,749 63.82
6 Month 799,376 42,822,585 53.57

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. 3492.40 Cr. and Equity Capital is Rs. 47.80 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 10,181
Sales 3,725
Shares in Float 8.37
No of funds 115
Yield 0.31
Book Value 7.38
U/D Vol ratio 0.7
LTDebt / Equity 12
Alpha 0.07
Beta 1.1

Minda Corporation Shareholding Pattern

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 64.84%64.84%64.84%64.73%
Mutual Funds 16.88%13.39%11.51%5.89%
Insurance Companies 3.6%3.27%1.54%1.02%
Foreign Portfolio Investors 5.07%3.73%5.53%0.06%
Financial Institutions/ Banks
Individual Investors 5.54%10.3%11.41%11.81%
Others 4.07%4.47%5.17%16.49%

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
2024-05-22 Audited Results & Final Dividend
2024-02-01 Quarterly Results & Interim Dividend
2023-11-02 Quarterly Results
2023-08-03 Quarterly Results
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(22.5%)Final Dividend
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 ₹430 As on 18 May, 2024 | 17:20

What is the Market Cap of Minda Corporation ?

The Market Cap of Minda Corporation is ₹10298.3 Cr As on 18 May, 2024 | 17:20

What is the P/E ratio of Minda Corporation ?

The P/E ratio of Minda Corporation is 37 As on 18 May, 2024 | 17:20

What is the PB ratio of Minda Corporation ?

The PB ratio of Minda Corporation is 6.5 As on 18 May, 2024 | 17:20

Q2FY23