Minda Corporation Ltd. share price forecast The 14 reports from 5 analysts offering long term price targets for Minda Corporation Ltd. have an average target of 93.00. Visit Edelweiss for Minda Industries Ltd stock/share price live across NSE/BSE, analysis, r esearch repo rts, news & other key statistics. Click here for Intraday,weekly,monthly share price targets for Minda Industries MINDAIND. However, the impact of the pandemic on the supply chain continues to inhibit a complete return to production normalcy. MIL possesses a steady state organic business riding on value migration i.e. In this article we will quickly re-cap the broker forecasts for Minda Industries (NSI:MINDAIND). Company has ~50% market share in switch segment thus leading automotive components... Minda Industries Ltd (MIL) is a diversified auto ancillary supplier, manufacturing products such as switches, horns & lights. This was largely on account of 15%/18% YoY growth in lighting & other products. COVID 19 IMPACT: BEST OF THE LOT WITH SUPERIOR OFFERING. If the price of Minda Industries is trading below 392.78 then possibility of downside targets getting achieved is higher.If the price of Minda Industries is trading above 392.78 then possibility of upside targets getting achieved is higher. Daily analysis, news, Munafa stocks list in email: Share: WhatsApp @Hash Facebook TweetRedditDiggLinkedInStumbleUpon, Stock Technical Tips NEWS Tomorrow Forecast Targets ExpertsView Analysis Munafa Value, Minda Industries short, mid, long term forecast and share price targets, NSE stock MINDAIND Minda Industries forecast & share price targets are below. Statutory EPS were ₹3.07, an impressive 412% ahead of forecasts. Intrinsic Value. Minda Industries Ltd. Stock Price Forecast, "Minda Industries Ltd" Predictons for2024 Why should we follow weekly & monthly levels? Company has ~50% market share in switch segment thus... Minda Industries Ltd (MIL) is a diversified auto ancillary supplier, manufacturing products such as switches, horns & lights. of trades, total turnover, etc. View daily, weekly or … MIL's diversified portfolio in auto components manufacturing qualify it to be a direct beneficiary post COVID 19. Background Established in 1958, Minda Industries (MIL) is a flagship Company of UNO MINDA GROUP and one of the leading suppliers of proprietary automotive solution to OEMs. Minda Industries Live NSE/BSE Share Price: Get Minda Industries Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more - This broker has upgraded this stock from it's previous report.(eg. How good are your current hold decisions? The company is engaged in the business of manufacturing of auto electrical parts and components, including auto electrical parts such as switches, lightings, batteries and blow moulded products and ancillary services. Minda Industries Target Share Price - Get the latest Minda Industries share price forecast, Target share price, Stock Quotes, Minda Industries Stock Analysis, Charts on The Economic Times. Check Minda Industries Ltd's Live BSE/NSE prices with Historic data. MINDA INDUSTRIES Share Price Today: MINDA INDUSTRIES share price is up 2.1% to Rs 414.8 on the BSE. Discover historical prices for MINDAIND.NS stock on Yahoo Finance. If the price of Minda Industries is trading below 405.92 then possibility of downside targets getting achieved is higher.If the price of Minda Industries is trading above 405.92 then possibility of upside targets getting achieved is higher. We use all possible industry standard security methods to secure and store private information collected by the users of MunafaSutra.com, Minda Industries (MINDAIND) Forecast & Share price [target] (2021) | Forecast share price (forecast) & targets | MINDAIND Forecast share price target NSE stock exchange, tomorrow's movements predictions for Minda Industries then click here, view what Experts say about Minda Industries, Click here for weekly, monthly, and yearly price targets, Click here for Intraday,weekly,monthly share price targets for Minda Industries MINDAIND, Further share price targets & forecast with buy and sell signals and experts views for Minda Industries are here, Tomorrow's movement predictions for MINDAIND Minda Industries here, Minda Industries Support & Resistance Levels, Tomorrow's movement predictions for MINDAIND Minda Industries are here, Minda Industries Weekly share price target downside target 1: 391.83, Minda Industries Weekly share price target downside target 2: 378.42, Minda Industries Weekly share price target upside target 1: 419.33, Minda Industries Weekly share price target upside target 2: 433.42, Minda Industries Monthly share price target downside target 1: 371.57, Minda Industries Monthly share price target downside target 2: 343.78, Minda Industries Monthly share price target upside target 1: 420.57, Minda Industries Monthly share price target upside target 2: 441.78, Minda Industries Daily share price target downside target 1: 421.7, Minda Industries Daily share price target downside target 2: 401.4, Minda Industries Daily share price target upside target 1: 456.15, Minda Industries Daily share price target upside target 2: 470.3. MINDA INDUSTRIES Share price chart for Daily, Weekly and Monthly periods; MINDA INDUSTRIES Share price Target,Tips, Entry and Stoploss for today; Dynamic levels provides share price forecast for 4200 instruments across 93 exchanges and 56 countries in the form of support & resistance levels . Account. - Gurgaon India The Minda Industries share price has risen by 10.4% over the past month and it’s currently trading at 290.75.For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue. If you just want tomorrow's movements predictions for Minda Industries then click here or Minda Industries share price targets or view what Experts say about Minda Industries or Announcements & NEWS by Minda Industries, Stock listed under Auto Parts & Equipment, Minda Industries MINDAIND share price targets, As on 20 Wed Jan 2021 Minda Industries MINDAIND is trading at 442.00 and its nearest share price targets are 428.78 and 463.23. - Broker has maintained previous recommendation but reduced target price. Search . The recent drop has obliterated the annual return, with the share price now down 27% over that longer period. EBITDA margin declined by 40bps due to production cut by major OEM's and higher employee cost.... Nifty50 companies average YoY revenue changed by 5.4%, Trending news We like MIL courtesy its progressive product profile, healthy capital efficiency and consistent positive CFO generation. But this analysis will not only focus on the price factor. from the last price of 442.00. Watchlist. The share price is currently trading at 442.00 However, if the trend reverses from this point, then a possible future share price target could be 417 These share price targets are working as support & resistance levels as well. 732.4K Nevertheless, most automotive industry segments have reported successive improvement in offtake throughout June-November 2020 (Exhibit 1) on the back of (i) initial bounce provided by pent-up aspect,... Background Established in 1958, Minda Industries (MIL) is a flagship Company of UNO MINDA GROUP and one of the leading suppliers of proprietary automotive solution to OEMs. However, if the trend reverses from this point, then a possible future share price target could be 270 or 221.00. Challenging quarter as COVID outbreak further worsens scenario, which was continued to be impacted by slowdown in automobile demand. The consensus estimate represents an upside of 3.74% from the last price of 89.65. The company is also one of the few credible players in the high growth potential segments of airbags and alloy wheels. Headquarter at Manesar, Gurgaon, the company has 62 plants globally and R&D; centers spread across the globe in 8 locations. Find how analysts rate Minda Industries . MIL's diversified portfolio in the auto component has led the revenue to grow by 8%YoY. : EMKAY, FEDERALBNK, News by Trendlyne On the NSE, the MINDA INDUSTRIES share price is up 0.0% to Rs 406.3. Investment Checklist. However MIL outperformed the industry growth owing to its diversified product mix.... Minda Inds Ltd (Minda) reported a disappointing quarterly performance in Q2FY20, as net sales dropped by 11% yoy to INR 1360 cr. To the annoyance of some shareholders, Minda Industries (NSE:MINDAIND) shares are down a considerable 31% in the last month. Minda Industries Limited (NSE:MINDAIND) defied analyst predictions to release its quarterly results, which were ahead of market expectations. Idea is to do a check and find out whether I should pay this price to buy its stocks. 401.25 11.55 (+2.96 %) Place Order. It has 62 manufacturing facilities in 7 countries. : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. - Sell->Hold). represents a downside of -6.56% MIL holds a leadership position in switch business with a market share of 67%. Accordingly, we assign a... Minda Industries Ltd (MIL) is a diversified auto ancillary supplier, manufacturing products such as switches, horns & lights. on Indiainfoline.com. Minda Industries Ltd. Stock Price Forecast for 2024: March 2024: Open: 325.625: Close: 309.919: Min: 309.919: Max: 326.223: Change: -5.07 % Minda Industries Ltd. Stock Price Forecast for 2024: April 2024: Open: 310.388: Close: 312.721: Min: 310.287: Max: 318.437: Change: 0.75 % Minda Industries Ltd. Stock Price Forecast for 2024: May 2024: Open: 312.143: Close: 320.140 Despite a double-digit volume decline for the industry, MIL registered a flat growth of 1%YoY for the Q1FY20. (eg. However, stock market investments are risky by nature so our company, employees or the webmasters of MunafaSutra.com are not responsible for your losses or profits, and your returns will depend on your own personal trading methods only. Currently Minda Industries is trading @ Rs.423 per share. If the price of Minda Industries is trading below 435.85 then possibility of downside targets getting achieved is higher.If the price of Minda Industries is trading above 435.85 then possibility of upside targets getting achieved is higher. The stock price is currently trading at 442.00 However, if the trend reverses from this point, then possible future share price targets could be 417, 380, 360, 338, 320, 301, 282, 266, 250, 234, or even 206.25 These share price targets are working as long-term support & resistance levels as well. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. - SikanderPur Badda IMT Manesar Distt. It has more than 230 design registration and more than 30,000 touch points. Click here for mid term or long term forecast for Minda Industries. MIL holds a leadership position in switch business with a market share of 67%. Get live share price chart, key metrics, forecast and ratings of Minda Industries Ltd - MINDAIND on Tickertape for Minda Industries Ltd. have an average target of 413.00. Headquarter at Manesar, Gurgaon, the company has 62 plants globally and R&D; centers spread across the globe in 8 locations. Minda Industries Share Price History- Check out Minda industries ltd share price history along with opening price, closing price, high, low, no. Minda Industries Ltd Share/Stock Price in NSE/BSE Online. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Minda Industries Ltd.. From India's independent mutual fund research house Enhanced safety features and premiumisation of vehicle will further lead to value migration and higher kit value per vehicle for... MIL said: (1) It reached 100% 4-W alloy wheel utilisation in SeptemberOctober, (2) Recently commissioned two lines of 2-W alloy wheel plant with remaining two to be commissioned by March 2021; expect 60-70% utilisation in FY22 (peak revenue potential ~| 470 crore), (3) Rights issue money utilised to write down debt, WC needs, investments, (4) Harita Seating (HSSL) merger to help both companies acquire newer clients; MIL will introduce some HSSL products in its aftermarket channel. The consensus estimate - Broker has maintained previous recommendation but increased target price. We recommend sell trade which could be profitable for a price target of 393.6 with a stoploss of 401.55 for today or tomorrow. It wants to double HSSL topline in four to five years, (5) high value businesses acquired post Delvis acquisition have peak revenue potential of ~| 200 crore per... Minda Inds (Minda) topline came below our expectation topline, however losses at both EBITDA and PAT levels were lower than our expectations. Minda Industries Ltd. Stock/Share prices today, Minda Industries Ltd. Live BSE/NSE. Switch to. Discover historical prices for MINDAIND.NS stock on Yahoo Finance. ICICI Direct has given a buy rating to Minda Industries NSE -0.29 % with a target price of Rs 410. The 16 reports from 5 analysts offering long term … (2 new), Cement Makers Can't Keep Up With Rising Demand, Asian Paints Q3 Preview: Festive demand-led strong volume may boost earnings, push margin at record high, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? Click here for weekly, monthly, and yearly price targets, Share price targets above are based on chart movements and levels where stock showed a significant price action. These intraday share price levels are calculated using pivot point calculations and valid only for tomorrow's session on a 5-15 minute chart. EBITDA margin came in-line at 12.3%YoY owing to cost control initiatives and favorable product mix... Minda Inds Ltd (Minda) reported a disappointing quarterly performance in Q3FY20, as net sales dropped by 10% yoy to INR 1327 cr. Currently Minda Industries is trading @ Rs.423 per share. Minda Industries up by 0.48% is trading at ₹ 405.25 today. Place Order. Manufacturing and distribution activities have been getting ramped up gradually since June 2020, in step with the rest of the economy. Portfolio. Minda Ind.s (MIL) consolidated revenues stood at Rs 1,360 cr in Q2FY20 due to industry slowdown. Implementation of BS-VI norms, enhanced safety features and premiumisation of vehicle will further lead to value migration and higher kit value per vehicle for MIL in FY21.... MIL is uniquely positioned in the domestic auto ancillary space as a provider of a wide variety of product solutions straddling established and growing opportunities. MIL Holds a leadership position in switch business with a market share of 67%. Good afternoon :) Minda Industries Ltd. However due to diversified product mix the company was able to arrest further decline. Minda Industries MINDAIND share price forecast & targets for mid-term is a uptrend, and nearest possible future share price target is 338 or 314.10. Q3FY20 revenue de-grew by -10%YoY on account -12%YoY volume decline in automobile sector. Minda Industries Limited Share Price Today, Live NSE Stock Price: Get the latest Minda Industries Limited news, company updates, quotes, offers, annual financial reports, graph, volumes, 52 week high low, buy sell tips, balance sheet, historical charts, market performance, capitalisation, dividends, volume, profit and loss account, research, results and more details at NSE India. Minda Industries is currently trading at 442.00 However, if the trend reverses from this point, then a possible future share price target could be 380 or 315.00 These share price targets are working as support & resistance levels as well for Minda Industries. higher kit value. It has more than 230 design registration and more than 30,000 touch points. The company offers a wide range product across different verticals of auto components like switching systems, lighting systems, acoustic systems and alloy wheels among others. Idea is to do a check and find out whether I should pay this price to buy its stocks. MIL holds a leadership position in switch business with a market share of 67%. The answer is simple. Minda Industries Ltd. MINDAIND. Minda Industries Ltd (MIL) is a diversified auto ancillary supplier, manufacturing products such as switches, horns & lights. In this article we will quickly re-cap the broker forecasts for Minda Industries (NSI:MINDAIND). Headquarter at Manesar, Gurgaon, the company has 62 plants globally and R&D; centers spread across the globe in 8 locations. Also read Tomorrow's movement predictions for MINDAIND Minda Industries here Daily charts Daily candle stick charts Weekly charts Monthly charts Moving Averages charts MACD charts. The share price moved up by 1.14 per cent from its previous close of Rs 365. Domestic auto industry volumes have been on a steady mend in the months post lifting of lockdown restrictions. All the recommendations, predictions, tips, trading levels provided on the website are presented after due technical analysis by manual or automated systems based on the data, and are valid depending on the accuracy of the data. The MINDA INDUSTRIES share price chart is a pictorial representations of open, high, low, previous day close and the traded volume of MINDA INDUSTRIES. Home. This was largely on account of demand for superior product related to BS-VI vehicles. Minda Industries Ltd Share Price- Get Minda Industries Ltd Stock/Share prices. AC Investment Inc. delivers AI check for Credit Rating, rating, news, stock, financials, financial information, fund, dividend, price forecast. The session was a bullish session and prices moved within a range of 415.55 and 450.00, with a volume of 177.32% compared to average volume that Minda Industries normally has. High volume+gain today. Company has ~50% market share in switch... Minda Industries Ltd (MIL) is a diversified auto ancillary supplier, manufacturing products such as switches, horns & lights. Minda Industries share price opened at: 418.00Minda Industries share price closed at: 442.00Minda Industries share price made a High of: 450.00Minda Industries share price made a low of: 415.5552 week High: 450.0052 week Low: 206.25MINDAIND is trading in the upper range of yearly prices.Went as high as 450.00 in the last three months (quarter) Went as low as 315.00 in the last three months (quarter)MINDAIND is trading in the upper range of the quarterly prices. Q2FY20 revenue de-grew by -10%YoY on account 20% volume decline in automobile sector. It will also include analysis of business fundamentals of Minda Industries. But this analysis will not only focus on the price factor. It has more than 230 design registration and more than 30,000 touch points. We do not recommend daily/intraday, minute, hourly charts. The total volume of shares traded is 0.0 m. Overall, the benchmark S&P BSE SENSEX is trading at 48,853.6 (up 0.6%). The company offers a wide range product across different verticals of auto components like switching systems, lighting systems, acoustic systems and alloy wheels among others. The company reported EBIDTA of Rs 167 cr with EBIDTA margin of 11.9% owing to revenue decline and partially offset by soft commodity price. Minda Industries Ltd. (Corporate Office) Village - Nawada, Fatehpur P.O. Assuming nothing else has changed, a lower share price makes a stock more attractive to potential buyers. These share price targets & forecast are valid from short-term to mid-term to long-term. Minda Industries is currently trading at 304.30. Detailed analysis of what to do in Intraday & BTST tips for Minda Industries are here. View daily, weekly or monthly formats back to when MINDA INDUSTRIES stock was issued. Get details on Minda Industries Ltd. news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. Volume It will also include analysis of business fundamentals of Minda Industries. The Minda Industries share price has risen by 10.4% over the past month and it’s currently trading at 290.75. Sector: Auto ancillaries /Mid-Cap | Earnings Update 2QFY20 Background: Established in 1958, Minda Industries (MIL) is a flagship Company of UNO MINDA GROUP and one of the leading suppliers of proprietary automotive solution to OEMs. Forecasts. MIL holds a leadership position in switch business with a market share of 67%. Minda Ind Share Price, Minda Ind Stock Price, Minda Industries Ltd. Stock/Share prices, Minda Industries Ltd. Live BSE/NSE, F&O Quote of Minda Industries Ltd. with Historic price charts for … MIL said (1) It operated at ~70% pre Covid levels in July and is currently operating at ~80% in August, with rural-led demand recovery (2-W, tractors) seen continuing; (2) August production levels Europe 85%, Mexico 75%, Asean 60%; (3) 2-W alloy wheel plant to be commissioned by September 2020 (full ramp up by mid next year), (4) large part of rights issue proceeds to be used to retire debt (marginally down QoQ) & is expected to be EPS accretive (5) Expect ~| 100 crore incremental sensors revenues in FY22E, (6) Delvis normal annual sales run rate is ~ | 250 crore; (7) Steep drop in... Minda Industries Ltd (MIL) is a leading tier 1 supplier for Indian OEM's with a diversified product portfolio which includes switches, lighting systems, sensors, air bags, infotainment, batteries, alloy wheels, blow molded parts etc. Minda Industries delivered a significant beat to revenue and earnings per share (EPS) expectations, with sales hitting ₹15b, some 13% above indicated. Minda Industries share price targets or Minda Industries Support & Resistance Levels, Experts Views on Minda Industries Tomorrow's movement predictions for MINDAIND Minda Industries are here Daily charts for MINDAIND Daily candle stick charts for MINDAIND Weekly charts for MINDAIND Monthly charts for MINDAIND Moving Averages charts for MINDAIND MACD charts for MINDAIND, NSE Stock Exchange Bombay Stock Exchange Commodity MCX India NYSE New York Stock Exchange NASDAQ Stock Exchange AMEX American Stock Exchange INDICES Global Indices Forex Foreign Exchange, Terms of use: Data is provided as is and MunafaSutra.com cannot guarantee the accuracy of the data and it's presentation. Minda Industries Ltd. share price forecast. The 16 reports from 5 analysts offering long term price targets - Buy->Hold). The stock’s last traded price is Rs 369.15. Minda Industries Limited was incorporated on 16 September 1992 as the flagship company of the Minda Group. The company offers a wide range product across different verticals of auto components like switching systems, lighting systems, acoustic systems and alloy wheels among others. Get latest price forecasts, revenue forecasts and earnings forecasts of Minda Industries Ltd on Tickertape. Minda Industries Share Price live, Live Stock Updates Minda Industries, Get Minda Industries detailed news, announcements, financial report, company information, annual report, balance sheet, profit & loss account, results and more EARNINGS UPDATE- MINDA INDUSTRIES LTD 2QFY21, EARNINGS UPDATE- MINDA INDUSTRIES LTD 1QFY21, Minda Industries Ltd. | Q1FY21 Result Update | Challenging quarter; however healthy revival provides comfort, Minda Industries Ltd - Result Update Q4FY20, Minda Industries Ltd - Result Update Q3FY20, EARNINGS UPDATE- MINDA INDUSTRIES LTD 3QFY20, Minda Industries Ltd - Result Update Q2FY20. Find the latest MINDA INDUSTRIES (MINDAIND.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. On value migration i.e manufacturing products such as switches, horns & lights 3.74 % from the last of! Consolidated revenues stood at Rs 1,360 cr in q2fy20 due to diversified product mix the company also! - Nawada, Fatehpur P.O consensus estimate represents an upside of 3.74 % from last! Mil holds a leadership position in switch business with a market share of 67 % forecasts, revenue and... Analysis will not only focus on the supply chain continues to inhibit a complete return to normalcy! For superior product related to BS-VI vehicles recent drop has obliterated the annual return, with the share price could. Statutory EPS were ₹3.07, an minda industries share price forecast 412 % ahead of market expectations to! Production normalcy 412 % ahead of forecasts to diversified product mix the company was able arrest... 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