Overall Fundamental outlook

Business Operations:

Sector: Consumer Cyclical
Industry: Auto Parts

Minda Corporation Limited manufactures and assembles safety and security systems, and its associated components for the automotive industry in India, rest of Asia, the Americas, and Europe. The company offers mechatronic products, such as ignition switch cum steering locks, smart key systems, mechatronics handles and immobiliser system, die casting components, starter motors, and alternators; information and connected systems, including wiring harness, connectors, terminals, and components; and instrument clusters and dashboard, as well as speed, temperature, position, pressure, and exhaust gas sensors. It also provides plastic and interior products comprising air vents, glove boxes, center consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, and battery trays; aftermarket products that comprise locks, lubricants, filters, clutch plates, bearings, wiper blades, brake shoes, and cables. In addition, the company offers DC-DC convertor, battery charger, motor controller, intelligent transport system, telematics, connected clusters, MFECU, and vehicle control unit; and rod, micro pole, shark fin, and LF antennas. It offers its products for two and three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida, India.

Revenue projections:

Revenue projections for MINDACORP
Revenue projections for MINDACORP

MINDACORP is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 0.000000
forwardPE 31.831715
debtToEquity 25.387000
earningsGrowth 0.237000
revenueGrowth 0.074000
grossMargins 0.364460
operatingMargins 0.074410
trailingEps 11.460000
forwardEps 8.000000

Minda Corporation Limited's low Debt-to-Equity ratio indicates the company is not over-leveraged. By limiting its dependence on debt, Minda Corporation Limited reduces its financial risk and demonstrates a strong capital structure, making it a more stable investment option for those wary of excessive borrowing.
MINDACORP's forward EPS falling below its trailing EPS suggests the company is expected to be less profitable this year. This signals a potential decline in earnings, which may raise concerns about MINDACORP's financial future.

Price projections:

Price projections for MINDACORP
Price projections for MINDACORP



Insider Transactions:

Insider Transactions for MINDACORP
Insider Transactions for MINDACORP


Recent trading of Minda Corporation Limited stock saw 13 sales, with market price at 514.7615497295673 per share.During the period under review, no sell transactions were recorded.More recent purchases than sales at current price levels for Minda Corporation Limited could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.

Recommendation changes over time:

Recommendations trend for MINDACORP
Recommendations trend for MINDACORP


A recent buy bias from analysts toward MINDACORP may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that MINDACORP might be an appealing option for those looking to grow their wealth through stock market investments.