Minda Sales 2023: Minda Corp delivered consolidated revenue of INR 1,196 crore in Q2FY24, registering better-than-industry growth of 7% YoY. The growth was driven by robust demand in the domestic market, an increasing share of business with key customers, and product premiumisation, despite continuing headwinds from exports on the back of geo-political issues, the company said.
The brokerage has a ‘buy’ recommendation on Minda Corp with a target price of ₹375, indicating an upside of over 10 percent from its current market price of ₹339.50.
Minda Corporation Limited, the flagship company of Spark Minda, inaugurated the state-of-the-art Wiring Harness plant in Chakan, Pune. The new Greenfield fa
Minda Corporation Ltd, the flagship company of Spark Minda inaugurated the state-of-the-art Wiring Harness plant in Chakan, Pune. The new Greenfield facility takes the count of plants across the country to 28.