53

Minda Corporation LtdBOM 538962 Stock Report

Last reporting period 31 Mar, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

0.414

Micro

Exchange

XBOM - Bombay Stock Exchange

538962.BO Stock Analysis

53

Avoid

Based on Eyestock quantitative analysis, 538962.BO`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

59/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-51.7 %

Greatly overvalued

Market cap $B

0.414

Dividend yield

0.27 %

Shares outstanding

239.08 B

Minda Corp. Ltd. engages in the manufacture of automotive components. The company is headquartered in Noida, Uttar Pradesh and currently employs 2,943 full-time employees. The company went IPO on 2011-12-29. The firm is primarily engaged in the manufacturing and assembly of safety and security systems and their associated components for the automotive industry. Its diverse product portfolio includes mechatronics and vehicle access systems, wiring harness, interior plastics division, advanced technologies and aftermarket. Its mechatronics include ignition switch cum steering lock, keyless entry, mechatronics handle, immobilizer-fuel tank cap, aluminum die casting, compressor housing, alternator and starter motor. Its aftermarket products include helmets, fiber parts, wiper blades, ball bearings, two-wheeler air filters and lubricants. The company offers its products for auto original equipment manufacturers (OEMs). Its products are designed to cater to a range of vehicle segments, including two-three wheelers, passenger vehicles, commercial vehicles and off-road vehicles.

View Section: Eyestock Rating