Minda Industries Ltd
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Minda Industries Ltd
MINDAIND
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Minda Industries Limited is a supplier of automotive solutions to original equipment manufacturers. The Company offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
D-Street Buzz: Over 250 Stocks Hit New 52-week High On BSE; Prozone Intu, PNB Housing Hit Upper Circuit
1 week ago•Moneycontrol
Stocks in news: Adani Green, Hero MotoCorp, JSW Steel, MCX and more
2 weeks ago•Business Today
Buy Minda Industries, target price Rs 580: Axis Securities
1 month ago•Economic Times
Recent EventsAll events
Acquisition
Minda Industries Limited has informed the Exchange about AcquisitionￂﾠￂﾠPursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( the SEBI LODR ), we wish to inform that the Board of Directors of the Company at its meeting held today i.e. 22 May, 2021 has approved to make first tranche Investment in equity shares of CSE Dakshina Solar Private Limited, the Special Purpose Vehicle ('the SPV') Company. Board approved the acquisition of 33,750 equity shares of CSE Dakshina Solar Private Limited ('the SPV') of the face value of Rs.10 (Rupees Ten) each at a premium of Rs.70 (Rupees Seventy) i.e. Rs.80 (Rupees Eighty) per share, aggregating to Rs. 27,00,000 (Rupees Twenty Seven Lacs). ￂﾠￂﾠWith the aforesaid acquisition of shares, the company holds 27.55% of total paid-up share capital of the SPV. The aforesaid acquisition of the shares is for availing solar power for its plant at Chennai in Tamil Nadu.ￂﾠ | Download
Minda Industries Limited has informed the Exchange about AcquisitionￂﾠￂﾠPursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( the SEBI LODR ), we wish to inform that the Board of Directors of the Company at its meeting held today i.e. 22 May, 2021 has approved to make first tranche Investment in equity shares of CSE Dakshina Solar Private Limited, the Special Purpose Vehicle ('the SPV') Company. Board approved the acquisition of 33,750 equity shares of CSE Dakshina Solar Private Limited ('the SPV') of the face value of Rs.10 (Rupees Ten) each at a premium of Rs.70 (Rupees Seventy) i.e. Rs.80 (Rupees Eighty) per share, aggregating to Rs. 27,00,000 (Rupees Twenty Seven Lacs). ￂﾠￂﾠWith the aforesaid acquisition of shares, the company holds 27.55% of total paid-up share capital of the SPV. The aforesaid acquisition of the shares is for availing solar power for its plant at Chennai in Tamil Nadu.ￂﾠ | Download
Cash Dividend
Interim • Div/Share: ₹ 0.35
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value