Minda Industries shares gain 3% on raising Rs 242 crore via rights issue

The stock witnessed spurt in volume by more than 1.50 times and was trading with volumes of 22,110 shares, compared to its five day average of 15,708 shares, an increase of 40.76 percent.

Accumulate Minda Industries; target of Rs 377 KRChoksey

KRChoksey recommended accumulate rating on Minda Industries with a target price of Rs 377 in its research report dated August 25, 2020.

Hold Minda Industries; target of Rs 370: ICICI Direct

ICICI Direct recommended hold rating on Minda Industries with a target price of Rs 370 in its research report dated August 25, 2020.

Minda Industries rights issue opens: Should investors participate?

Minda Industries is manufacturer of diverse auto components for Indian and International OEMs which includes alloy wheel, switches, horns, and other components.

Minda Industries share price slips 4% on weak Q1 results; rights issue to open on Aug 25

The company posted a loss of Rs 118.3 crore in the quarter ended June 2020 versus a profit of Rs 53.5 crore in the year-ago. Revenue stood at Rs 417.1 crore versus Rs 1,439.7 crore.

Minda Industries rights issue: 10 key things to know

Minda has fixed the issue price at Rs 250/share (including a premium of Rs 248 over face value of Rs 2) - a 26.8% discount to August 21 closing price of Rs 341.50/share

Minda Industries shares jump 5% after Board fixes price for Rs 250 crore rights issue

The rights issue will open on August 25 and close on September 8; and the last date for on market renunciation is September 3, 2020, the company said.

Buy Minda Industries; target of Rs 328: Anand Rathi

Anand Rathi is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 328 in its research report dated July 01, 2020.

Buy Minda Industries; target of Rs 320: ICICI Direct

ICICI Direct is bullish on Minda Industries recommended buy rating on the stock with a target price of Rs 320 in its research report dated July 01, 2020.

Minda Ind Consolidated March 2020 Net Sales at Rs 1,338.97 crore, down 9.92% Y-o-Y

Minda Ind Standalone March 2020 Net Sales at Rs 753.85 crore, up 41.24% Y-o-Y

Minda Ind Consolidated March 2020 Net Sales at Rs 1,338.97 crore, down 9.92% Y-o-Y

Minda Ind Consolidated December 2019 Net Sales at Rs 1,326.84 crore, down 9.74% Y-o-Y

Looking for momentum plays? L&T, DMart among top buy ideas for next 1-3 months

If the Nifty closes above 11,055, it will fuel a rally that can take the index towards 11,150-11,200 levels in the near-term.

Minda Ind Consolidated June 2019 Net Sales at Rs 1,439.75 crore, up 0.69% Y-o-Y

Minda Ind Standalone June 2019 Net Sales at Rs 515.50 crore, down 0.37% Y-o-Y

Accumulate Minda Industries; target of Rs 384: HDFC Securities

KR Choksey is bullish on Minda Industries has recommended Accumulate rating on the stock with a target price of Rs 384 in its research report dated May 20, 2019.

Minda Ind Q4 net declines 46% to Rs 74 cr

The company had posted a net profit of Rs 135 crore in Q4 of FY18, Minda Industries said in a release.

Minda Ind Consolidated March 2019 Net Sales at Rs 1,486.46 crore, up 8.43% Y-o-Y

Minda Ind Standalone March 2019 Net Sales at Rs 533.72 crore, up 5.76% Y-o-Y

Market Headstart: Nifty likely to open flat; 3 stocks which could give 4-7% return

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, a rise of 5 points or 0.04 percent. Nifty futures were trading around 11,621-level on the Singaporean Exchange.

As Sensex, Nifty hit record highs, these top 22 stocks rally 10-37% last week

Overall pattern setup suggests that trend could remain intact while decline could be bought to continue its upward journey, experts said.

Buy Minda Industries; target of Rs 365: Cholamandalam securities

Cholamandalam securities is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 365 in its research report dated February 08, 2019.

First Cut | Minda-Harita merger: Multiple synergistic benefits from this deal

Minda is expected to benefit from the merger as it would widen its product portfolio.

Minda Industries' board approves merger with Harita Seating Systems

The transaction also encompasses Minda getting 51 per cent stake in Harita Fehrer Limited, a joint venture of Harita with Fehrer Automotive GmbH, one of the leaders in automotive seating business in Europe.