ENTITY
Minda Corporation

Minda Corporation (MDA IN)

71
Analysis
Consumer Discretionary • India
Minda Corporation Limited is a leading Indian automotive component manufacturer, specializing in advanced mechatronics, electronic, and mechanical solutions. The company supplies Original Equipment Manufacturers (OEMs) and the aftermarket across two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and off-roaders. Its diverse product range includes vehicle access systems, wiring harnesses, die-casting parts, and information and connected systems. Headquartered in Noida, Uttar Pradesh, India, the company was incorporated in 1985.
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•11 Jan 2024 20:32•Broker

Q3FY24 Consolidated Preview

Q3FY24 earnings season was marked by a) Strong domestic macroeconomic environment, b) Festival season c) Robust PMI manufacturing and Services

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•06 Dec 2023 07:40•Broker

Axis Research Scorecard Report for Nov 2023

We are proud to share that our Axis Top Picks basket delivered impressive returns of 31% in the last one year (till 1st Dec’23), notably beating...

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•11 Apr 2023 08:01•Broker

Auto Q4fy23 Preview - Improved Product Mix, Moderation in Rm Costs to Drive Margin Growth

EBITDA margins are expected to expand both YoY/QoQ due to a richer product mix, absorption of price hikes, and marginally lower RM costs.

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•11 Jan 2023 02:59•Broker

Auto Q3FY23 Preview - Margin Recovery Likely in Q3

We expect Revenue/EBITDA/PAT of Auto OEMs to grow at 17%/39%/45% YoY in Q3FY23. However, we expect Auto OEMs to post de-growth of 6%/1.5%/2.3% on a...

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•10 Jan 2023 05:35•Broker

Q3fy23 Preview: Margins Likely to Expand

We believe the broad-based earnings momentum which remained robust for multiple quarters is likely to take a brief pause in Q3FY23.

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