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Minda Corporation Ltd.
Share Price Target & Analysis

NSE:MINDACORP

429.78

VWAP

427.65

Open

420.75

Close

432.50

High

422.35

Low

449.95

52 Week High

430.75 ⇧
4.90 (1.15%)

MINDACORP

(AUTOMOBILE)
89.6% Momentum

Trending & Favourite

265.50

52 Week Low

9.94

EPS

46.99

PE

7.49

PB

Economical
Quality

Gold
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 430.75, this results in a dividend yield of 0.23 %.

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 9.94. NSE:MINDACORP book value per share as of today is 57.49. The current price to book ratio for MINDACORP as of May 18, 2024 is 7.49.

Valuation of the Stock: The current valuation of MINDACORP stock is like Gold which means currently the stock is Overpriced. 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 52.92% is very crucial parameter which shows that 52.92% investors are anticipating that the price of MINDACORP share should go up with VWAP at 429.78.

Now, the main question is whether to BUY or SELL, NSE:MINDACORP at current valuation.
As per latest Analysis No. #623:-

⇑ 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 (May 18, 2024)

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

Minda Corporation Ltd. share price moved Up by 1.15% from its previous close of Rs 420.75. MINDACORP stock last traded price is 430.75. MINDACORP share price trend is Up with a total of 99462 stocks traded till now. It has touched an intraday high of Rs 432.50 and an intraday low of Rs 422.35. The MINDACORP trading at 430.75, Up by Rs. 4.90, or 1.15 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 1.15%. MINDACORP share price short term trend is Up. It suggests that MINDACORP Share Price for Tomorrow remains the same with VWAP at 429.78 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

 430.75

MINDACORP Share Price Target Prediction for 2024 ^

 343.9 - 452.2

MINDACORP Share Price Target Prediction for 2025*^

 452.2 - 481.7

MINDACORP Share Price Target Prediction for 2026*^

 481.7 - 515.4

MINDACORP Share Price Target Prediction for 2027*^

 541

MINDACORP Share Price Target Prediction for 2028*^

 557

MINDACORP Share Price Target Prediction for 2030*^

 607
MINDACORP Current Book Value 2023
57.2

*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: @418.25

MINDACORP Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 416.03 BUY 416.96 BUY
MA_12 411.31 BUY 413.19 BUY
MA_20 410.23 BUY 412.23 BUY
MA_32 412.62 BUY 411.26 BUY
MA_50 410.13 BUY 409.68 BUY
MA_100 408.24 BUY 402.03 BUY
MA_200 370.78 BUY 370.69 BUY

MINDACORP Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 410.23 Uptrend
MACD 1.37 BUY
ADX 17 NO or Weak Trend
DMI (+/-) 22.54 / 15.64 Uptrend

MINDACORP Momentum Oscillators

BUY (4) NEUTRAL (7) SELL (1)
Momentum Oscillators Value Action
RSI 55.7 Neutral
STOCHASTIC_K (Fast) 70.87 Neutral
STOCHASTIC_D (Slow) 77.52 Neutral
CCI 197.94 BUY
PSAR 396.41 BUY
TRUE RANGE 15.45 Neutral
ATR 12.44 SELL
WILLIAMS R -40.63 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 48.54 Neutral
STOCHASTIC RSI D 80.83 Overbought
MOMENTUM 4.15 BUY

MINDACORP Last 1 Year Trend

Duration Value
1 Year 51.05%
3 Months 2.37%
1 Month 1%
1 Week 3.28%

MINDACORP Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 70%
NEUTRAL / HOLD 27%
SELL 3%

Most popular Questions & Answers about MINDACORP


Minda Corporation Ltd. stock last traded price is 430.75. MINDACORP share price moved Up by 1.15% from its previous close of Rs 420.75.

Minda Corporation Ltd. share price trend is Up with a total of 99462 stocks traded till now. It has touched an intraday high of Rs 454.4495 and an intraday low of Rs 422.35. The MINDACORP trading at 430.75, Up by Rs. 4.90, or 1.15 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 429.78.

The market cap of Minda Corporation Ltd. is ₹4806.8 (in Cr) as of May 17, 2024.

The current price to earning ratio for Minda Corporation Ltd. as of May 17, 2024 is 46.99.

The current price to book ratio for Minda Corporation Ltd. as of May 17, 2024 is 7.49.

The highest price of Minda Corporation Ltd. stock is ₹449.95 in the last 52-week.

The lowest price of Minda Corporation Ltd. stock is ₹265.50 in the last 52-week.

Minda Corporation Ltd. share trading at ₹430.75, Up by Rs. 4.90, or 1.15 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 ₹343.9 on downside and ₹452.2 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 ₹452.2 on downside and ₹481.7 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 ₹481.7 on downside and ₹515.4 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 ₹557 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.

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 9.94. Minda Corporation Ltd. book value per share as of today is 57.49. The current price to book ratio for MINDACORP as of May 18, 2024 is 7.49.


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 69.30 1.32 4.45
TATAMTRDVR 638.50 155.4 67.3
BOSCHLTD 31027.75 788.31 3733.75
TIINDIA 3786.65 37.98 170.24
SHIGAN 110.00 0 30.04
EXIDEIND 476.20 12.39 154.56
AMARAJABAT 1158.40 44.23 289.53
SUNCLAYLTD 10531.00 167.42 518.62
JBMA 1833.05 5.14 88.36
SUPRAJIT 414.85 14.84 79.43
Updated at: 17 May 2024 15:42

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