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MINC – Minda Corporation Ltd

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Recommendation Rating

1.78

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2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 3.35

Low: 2.68

High: 3.98

Total Analysts: 8

Company Profile

Minda Corporation Limited is an India-based holding company primarily engaged in the manufacturing and assembling of safety and security systems and its associated components for the automotive industry. The Company manufacturers of automotive components, including electronic and mechanical security systems, die casting, keyless solutions, starter & alternator motors, telematics, wiring harnesses, components, instrument clusters, sensors, interior plastics and new components on electronics. The Company has a diversified product portfolio that includes mechatronics, information and connected systems, interior plastic and electronics for auto original equipment manufacturers (OEMs). The Company also provides lock kits, spares, locks and ignition switches. The Company’s products cater to two-wheelers, three-wheelers, four-wheelers, commercial vehicles and off-road vehicles. The Company manufacturer of aluminum & zinc die casted components for global automotive & non-automotive industry.

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