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Minda Corporation Limited

MINDACORP | NSE

536.50

INR

5.30

1.00%

MINDACORP | NSE

About Minda Corporation Limited

Sector

Consumer Cyclical

Industry

Auto Parts

Earnings date

31/03/2024

As of date

18/10/2024

Close

536.50

Open

530.00

High

541.00

Low

518.30

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
48.1
Sharpe
1.41
Luna's Score
58/100
Recommendation
Hold

Luna says (MINDACORP | NSE)

What's Working

Low Debt to Asset (< 0.2)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Price Below SMA10D

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Volatility Signals

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

Risk Meter

10 days

37.1%

1 month

48.1%

3 months

51.8%

6 months

43.7%

Returns

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

126.23B

MarketCap(USD)

1.52B

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: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

91.05

Range1M

107.80

Range3M

191.90

Volumes: Market Activity

Rel. volume

0.33

Price X volume

249.95M

Peers

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Day Return
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Alok Industries LimitedALOKINDSTextile Manufacturing23.39115.45B1.21%n/a-131.55%
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  • 1

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Honasa Consumer LimitedHONASAIN422.9137.38B-0.32%108.4411.96%
SANOFI CONS HEALTHC IND LSANOFICONRIN4823.8116.90B0.08%n/a
Allied Blenders & Distillers LtdABDLIN331.2597.54B-1.03%3.45K
Azad Engineering LimitedAZADIN1581.193.36B2.01%130.376.11%
KIRLOSKAR PNEUMATIC CO LTDKIRLPNUIN1436.293.13B-3.81%65.640.08%
Equinox India Developments LtdEMBDLIN132.4282.80Bn/a
Juniper Hotels LtdJUNIPERIN379.4580.87B-2.20%176.8847.33%
INDIA SHELTER FINANCE CORPORATION LIMITEDINDIASHLTRIN710.6576.03B-2.08%27.80148.57%
SANDUR MANGANESE AND IRON ORES LTDSANDUMAIN461.176.01B-0.66%23.096.16%
Bansal Wire Industries LtdBANSALWIREIN424.7569.61B-0.07%88.68
  • 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)51.8440.15Riskier
Debt to Equity0.270.30Par
Debt to Assets0.160.22Cheaper
Market Cap126.23B155.75BPar
  • 1

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