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Last 516.80 INR
Change Today -14.70 / -2.77%
Volume 3.0K
MNDA On Other Exchanges
Natl India
As of 7:10 AM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

minda industries ltd (MNDA) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/12/14 - 655.00
52 Week Low
05/9/14 - 185.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for MINDA INDUSTRIES LTD (MNDA)

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minda industries ltd (MNDA) Details

Minda Industries Limited, together with its subsidiaries, manufactures and sells automotive components in India and internationally. The company provides two and three wheeler switches, off-road switches, handle bar assemblies, automotive lamps and horns, electronic components, blow molding components, alternate fuel systems, alloy wheels, die casting components, seat belts, and automatic gear shifters. It also offers four wheeler switches, air filtration systems, steering wheels with air bags, body sealing products and fuel caps, speakers, and CNG and LPG cylinders, as well as renewable and energy efficient devices and solar panels. In addition, the company provides batteries for two wheelers under the Ultimo for VRLA & Power Plus for Flooded brand name. Further, it is involved in the trading of auto components and allied products; and offers AC ducts, air ducts, duct defrosters, and spoilers. The company primarily sells its products to original equipment manufacturers and replacement markets. Minda Industries Limited was incorporated in 1992 and is based in Gurgaon, India.

Founded in 1992

minda industries ltd (MNDA) Top Compensated Officers

Chairman, Executive Managing Director, Chairm...
Total Annual Compensation: 12.3M
Compensation as of Fiscal Year 2014.

minda industries ltd (MNDA) Key Developments

Minda Industries Enters into a New Joint Venture Agreement with Kosei International Trade and Investment Company; to Set Up a Plant at Bawal, Haryana

Minda Industries has entered into a new Joint Venture Agreement with Kosei International Trade and Investment Company to develop, manufacture and sell alloy wheels in India. The proposed shareholding of the JV Company will be in the ratio of 70:30 i.e., UNO MINDA Group 70% and Kosei Group 30%. The proposed holding by the company (Minda Industries) can be up to 70%. This JV company is proposed to be named as 'Minda Kosei Aluminum Wheel'. The joint venture company will set up a plant at Bawal, Haryana. For its first phase of production, the joint venture is expected to invest INR 2,000 million and is expected to commence production with capacity of 60,000 units per month by 2016.

Minda Industries Limited Reports Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014 and Consolidated Revenue Results for the Nine Months Ended December 31, 2014

Minda Industries Limited reported standalone earnings results for the third quarter and nine months ended December 31, 2014 and consolidated revenue results for the nine months ended December 31, 2014. For the quarter, on standalone basis revenue was INR 3,620.0 million, growth of 28%. EBITDA was INR 310 million, growth of 77%. PAT grew by 212% to INR 130 million. For the nine months, on standalone basis revenue was INR 10,140 million, growth of 26%. EBITDA was INR 860 million, growth of 84%. PAT grew by 293% to INR 510 million. On consolidated level, for the nine months the company registered revenue of INR 15,200 million.

Minda Industries Limited Appoints Vivek Jindal as President & Business Head of the Acoustic Division

Minda Industries Limited announced that the Board of Directors of the company at their meeting held on February 14, 2015 approved the appointment of Mr. Vivek Jindal as President & Business Head of the Acoustic Division of the Company. Mr. Vivek Jindal is a son-in law of Mr. Nirmal K. Minda, Chairman & Managing Director.


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