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Minda Corporation Limited

MINDACORP | NSE

527.60

INR

-11.10

-2.06%

MINDACORP | NSE
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About Minda Corporation Limited

Sector

Consumer Cyclical

Industry

Auto Parts

Earnings date

31/03/2024

As of date

24/04/2026

Close

527.60

Open

539.75

High

540.45

Low

524.85

Minda Corporation Limited manufactures and sells automobile components and parts. It offers electronic and mechanical security systems including ignition switch cum steering locks smart key systems mechatronic handles and immobilizers systems; die casting components such as aluminum high pressure die casting and compressor housing products; and starter motors and alternators. The company also provides information and connected systems comprising instrument clusters; wiring harnesses steering roll connectors and junction boxes; and positional temperature and speed and exhaust gas temperature sensors. In addition it offers plastics and interiors including air vents glove boxes centre consoles cup holders ash trays louvers oil slumps cylinder heads and battery trays; aftermarket products such as filters clutch plates bearings wiper blades brake shoes and pads locks window regulators and control cables; and products related to electric vehicles connected systems antenna and surface mounting technology. The company offers its products for two and three wheelers passenger vehicles commercial vehicles and off-road vehicles. It operates in India the rest of Asia Europe North America and South America. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida India. Minda Corporation Limited is a subsidiary of Spark Minda Ashok Minda Group.

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MINDACORP | NSE

Risk
44.3
Sharpe
-0.02
Luna's Score
52/100
Recommendation
Hold

Luna says (MINDACORP | NSE)

What's Working

Low Debt to Asset (< 0.2)

Strong Revenue Growth (> 10%)

What's not Working

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

33.8%

1 month

44.3%

3 months

37.1%

6 months

33.3%

Returns

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Fundamental Ratios

PE

52.09

Fwd. PE

-

Price to book

6.31

Debt to equity

0.27

Debt to assets

0.16

Ent. to EBITDA

22.79

Ent. to rev.

2.68

PEG

-

Other Fundamentals

EBITDA

4.95B

MarketCap

124.13B

MarketCap(USD)

1.30B

Div. yield

0.26

Op. margin

7.20

Erngs. growth

42.30

Rev. growth

11.00

Ret. on equity

12.72

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

51.95

Range1M

64.50

Range3M

139.00

Volumes: Market Activity

Volume Averages

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Rel. volume

0.32

Price X volume

71.52M

Peers

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The Shipping Corporation of India LimitedSCIMarine Shipping288.29134.34B-1.47%13.7438.65%
DEVYANI INTERNATIONAL LTDDEVYANIRestaurants106.98129.36B-2.89%318.93275.22%
Bata India LimitedBATAINDIAFootwear & Accessories737.494.78B-2.34%57.0288.89%
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Gujarat Pipavav Port LimitedGPPLMarine Shipping154.5674.94B-1.50%26.393.42%
Campus Activewear LimitedCAMPUSFootwear & Accessories243.8274.06B-2.08%110.0027.28%
WESTLIFEWESTLIFERestaurants462.7572.02B-3.85%311.83231.62%
SAFARISAFARIFootwear & Accessories147071.15B-1.85%69.3417.76%
JK Paper LimitedJKPAPERPaper & Paper Products371.763.34B-2.49%10.2243.48%
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  • 1

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Honasa Consumer LimitedHONASAIN348.85117.21B0.81%108.4411.96%
Azad Engineering LimitedAZADIN2090.2117.16B-0.99%130.376.11%
SANOFI CONS HEALTHC IND LSANOFICONRIN4595.3113.17B0.12%n/a
Vedant Fashions LimitedMANYAVARApparel Retail450.05110.08B-2.65%84.2627.74%
Cello World LimitedCELLOIN427.4594.42B1.16%54.8032.26%
INDIA SHELTER FINANCE CORPORATION LIMITEDINDIASHLTRIN809.790.17B0.47%27.80148.57%
KIRLOSKAR PNEUMATIC CO LTDKIRLPNUIN1337.486.72B0.70%65.640.08%
Akums Drugs and PharmaceuticalAKUMSIN514.373.99B-4.67%10.40K
AVALON TECHNOLOGIES LTDAVALONIN1040.6568.67B-4.40%210.8438.11%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA22.7918.62Expensive
Ent. to Revenue2.682.80Par
PE Ratio52.0940.78Expensive
Price to Book6.315.81Par
Dividend Yield0.260.80Poor
Std. Deviation (3M)37.1340.15Par
Debt to Equity0.270.30Par
Debt to Assets0.160.22Cheaper
Market Cap124.13B155.75BEmerging
  • 1

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