Minda Industries - Outlook Intact; New Products to Drive Outperformance
Production ramp-up in progress on improving demand: The Pune switches plant caters to PV switches for OEMs such as Mahindra & Mahindra, Tata...
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Auto Q4FY22 Preview: A Mixed Bag Quarter with a Sequential Volume Recovery
The auto volumes reported during the quarter stood patchy with certain segments such as the Passenger Vehicle (PV) and premium motorcycle...
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Minda Industries: Robust Performance; Outlook Remains Positive
We upgrade our rating from HOLD to BUY with a revised target price of Rs 1,250 (Rs 1,000 earlier), valuing the stock at 32x FY24E EPS, indicating...
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Minda Industries: Announces Fresh Round of Capex, Investment Spends
Minda Industries (MIL) is India’s largest maker of automotive switches, horns, seats & PV alloy wheels and third largest automotive lighting player
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