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Minda Corporation Ltd.
Share Price Target & Analysis

NSE:MINDACORP

481.45

VWAP

486.2

Open

479

Close

486.2

High

475.4

Low

652

52 Week High

482.55 ⇧
3.55 (0.74%)

MINDACORP

(AUTOMOBILE)
46.5% Momentum

Turnaround Potential

335

52 Week Low

9.21

EPS

45.44

PE

6.66

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: MINDACORP Share Price Financial Analysis & Valuation

Minda Corporation Ltd. (MINDACORP) is broadly categorized in AUTOMOBILE segment industry which deals in Auto Ancillaries vertical. It is one of Mid Cap company with Market Capitalization of Rs 4806.8 (in Cr). Total number of free float shares are 22.7 (in Lacs). Minda Corporation Ltd. is listed on NSE with Exchange ID - INE842C01021 and trading code is NSE:MINDACORP with short name Minda Corp.

In the past 1 year, Minda Corporation Ltd. has declared an equity dividend of Rs 1 per share. At the current share price of MINDACORP at Rs 482.55, this results in a dividend yield of 0.21 %.

As per the Fundamental Analysis of NSE:MINDACORP, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MINDACORP underlying value and future prospects. All of this data is available in MINDACORP financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MINDACORP, it is clearly understood that MINDACORP is Economical performer in terms of earnings and profit margins with an EPS of 9.21. NSE:MINDACORP book value per share as of today is 72.44. The current price to book ratio for MINDACORP as of Nov 23, 2024 is 6.66.

Valuation of the Stock: The current valuation of MINDACORP stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MINDACORP whether to BUY this stock at current valuation. The delivery percentage of MINDACORP is 40.21% is very crucial parameter which shows that 40.21% investors are anticipating that the price of MINDACORP share should go up with VWAP at 481.45.

Now, the main question is whether to BUY or SELL, NSE:MINDACORP at current valuation.
As per latest Analysis No. #792:-

⇑ STRONG BUY MINDACORP if All Greens

⇗ BUY MINDACORP (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MINDACORP (With Stop Loss) if only 1 Green

⇘ SELL MINDACORP if NO Green Indicator

NSE: MINDACORP Share Price Today (Nov 23, 2024)

(Minda Corporation Ltd. Daily Analysis on the basis of MINDACORP Intraday Graph & Trend)

Minda Corporation Ltd. share price moved Up by 0.74% from its previous close of Rs 479. MINDACORP stock last traded price is 482.55. MINDACORP share price trend is Up with a total of 113083 stocks traded till now. It has touched an intraday high of Rs 486.2 and an intraday low of Rs 475.4. The MINDACORP trading at 482.55, Up by Rs. 3.55, or 0.74 percent which suggests that most of the Traders are anticipating that the price of MINDACORP share should go Up.

NSE: MINDACORP Share Price Tomorrow Prediction

(Minda Corporation Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MINDACORP)

Minda Corporation Ltd. share price moved Up by 0.74%. MINDACORP share price short term trend is Up. It suggests that MINDACORP Share Price for Tomorrow remains the same with VWAP at 481.45 will be treated as stop loss for intraday traders. Minda Corporation Ltd. Long term investors can follow the MINDACORP long term trend as mentiond in future forecast table.

NSE Code

NSE: MINDACORP

MINDACORP Share Price Today

 482.55

MINDACORP Share Price Target Prediction for 2024 ^

 351.2 - 524.3

MINDACORP Share Price Target Prediction for 2025*^

 524.3 - 698

MINDACORP Share Price Target Prediction for 2026*^

 698 - 746.9

MINDACORP Share Price Target Prediction for 2027*^

 784

MINDACORP Share Price Target Prediction for 2028*^

 807

MINDACORP Share Price Target Prediction for 2030*^

 879
MINDACORP Current Book Value 2023
72.1

*Minda Corporation Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^MINDACORP share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MINDACORP Technical Analysis

Candlestick Pattern: @494.3

MINDACORP Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 494.97 SELL 495.19 SELL
MA_12 506.97 SELL 505.27 SELL
MA_20 506.79 SELL 512.81 SELL
MA_32 535.97 SELL 523.56 SELL
MA_50 543.97 SELL 527.92 SELL
MA_100 533.89 SELL 521.17 SELL
MA_200 474.2 BUY 478.35 BUY

MINDACORP Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 506.79 Downtrend
MACD -0.77 SELL
ADX 27.1 Strong Trend
DMI (+/-) 12.38 / 29.39 Downtrend

MINDACORP Momentum Oscillators

BUY (1) NEUTRAL (8) SELL (3)
Momentum Oscillators Value Action
RSI 41.89 Neutral
STOCHASTIC_K (Fast) 33.03 Neutral
STOCHASTIC_D (Slow) 16.55 Oversold
CCI -91.64 Neutral
PSAR 534.11 SELL
TRUE RANGE 23.45 Neutral
ATR 22.42 Neutral
WILLIAMS R -64.3 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 80.41 Overbought
STOCHASTIC RSI D 26.8 Neutral
MOMENTUM -56.7 SELL

MINDACORP Last 1 Year Trend

Duration Value
1 Year 38.83%
3 Months -3.64%
1 Month -10.29%
1 Week -5.09%

MINDACORP Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 13%
NEUTRAL / HOLD 27%
SELL 60%

Most popular Questions & Answers about MINDACORP


Minda Corporation Ltd. stock last traded price is 482.55. MINDACORP share price moved Up by 0.74% from its previous close of Rs 479.

Minda Corporation Ltd. share price trend is Up with a total of 113083 stocks traded till now. It has touched an intraday high of Rs 658.52 and an intraday low of Rs 475.4. The MINDACORP trading at 482.55, Up by Rs. 3.55, or 0.74 percent which suggests that most of the Traders are anticipating that the price of MINDACORP share should go Up and the Stop Loss will be around 481.45.

The market cap of Minda Corporation Ltd. is ₹4806.8 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Minda Corporation Ltd. as of Nov 22, 2024 is 45.44.

The current price to book ratio for Minda Corporation Ltd. as of Nov 22, 2024 is 6.66.

The highest price of Minda Corporation Ltd. stock is ₹652 in the last 52-week.

The lowest price of Minda Corporation Ltd. stock is ₹335 in the last 52-week.

Minda Corporation Ltd. share trading at ₹482.55, Up by Rs. 3.55, or 0.74 percent which suggests that most of the traders are anticipating that the price of MINDACORP share should go Up.

In 2023, Stock price target for Minda Corporation Ltd. (MINDACORP) are ₹351.2 on downside and ₹524.3 on upside. Minda Corporation Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Minda Corporation Ltd. (MINDACORP) are ₹524.3 on downside and ₹698 on upside. Minda Corporation Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Minda Corporation Ltd. (MINDACORP) are ₹698 on downside and ₹746.9 on upside. Minda Corporation Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Minda Corporation Ltd. (MINDACORP) will be around ₹807 Minda Corporation Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MINDACORP.

The price of Minda Corporation Ltd. (MINDACORP) shares moved by 0.74%. The short-term trend for MINDACORP share price is Up. It implies that the share price of MINDACORP will stay the same tomorrow and that intraday traders should treat VWAP at 481.45 as a stop loss. Investors with a long-term outlook can track MINDACORP long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MINDACORP stock is 110.4. Compared to the current market price of 482.55 INR, the MINDACORP stock is Overvalued by 77.1%.

As per the fundamental analysis of Minda Corporation Ltd. (MINDACORP), it is of Economical quality in terms of earnings and profit margins with an EPS of 9.21. Minda Corporation Ltd. book value per share as of today is 72.44. The current price to book ratio for MINDACORP as of Nov 23, 2024 is 6.66.


NSE:MINDACORP News & Other Useful Information about MINDACORP Share Price


Peer Comparison of NSE: MINDACORP

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto Ancillaries

Company Price EPS BV
MSUMI 61.84 1.49 3.79
TATAMTRDVR 768.65 199.73 0
BOSCHLTD 34350.00 706.59 4090.1
TIINDIA 3474.40 37.62 205.28
SHIGAN 118.00 0 36.61
EXIDEIND 424.05 12.96 154.56
AMARAJABAT 1417.65 44.23 369.82
SUNCLAYLTD 11622.05 125.07 716.47
JBMA 1418.65 8.05 88.36
SUPRAJIT 450.40 19.04 94.07
Updated at: 22 Nov 2024 15:42

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