Pick of the Week: Minda Corporation Ltd - 18 JUNE 2024
The $610 Mn Group, with a workforce of more than 16,000, has several JVs with leading companies from the USA, Japan, Italy, Uzbekistan, and China.
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Minda Corporation Ltd - Revenue/EBITDA Inline; Orderbook Remains Strong
New order wins: During the quarter, the company secured lifetime orders worth ~Rs. 2,000 Cr with EV constituting over 30% of the orders won.
291 Views
Q4FY24 Consolidated Earnings Preview
Q4FY24 earnings season was marked by a) Strong domestic macroeconomic environment, b) Robust PMI manufacturing and Services, c) Stronger E-way bill...
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Auto - Q4FY24 - Earnings Preview
Auto OEMs: We expect Revenue/EBITDA/PAT for our OEM coverage universe to grow by ~15%/35%/36% YoY along with ~218bps improvement in EBITDA margin.
376 Views
Automotive Industry Update: Electric Vehicle Policy
The crux of the EV Policy lies in its strategic initiative to entice Global Original Equipment Manufacturers (OEMs) to establish local production...
335 Views