Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

All sectors ended in the red on June 13 as equity benchmarks closed 2.6 percent lower amid a global selloff

Trade Spotlight | What should you do with Honeywell Automation, Rajesh Exports, Minda Industries on Tuesday?

Minda Industries Limited board has recommended 1:1 bonus share and 50% final dividend

Minda Industries announces record date for bonus shares and dividend payment

Minda Industries fixes record date for dividend and bonus issue

KR Choksey is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 1180 in its research report dated May 26, 2022.

Buy Minda Industries; target of Rs 1180: KR Choksey

Emkay Global Financial is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 1135 in its research report dated May 25, 2022.

Buy Minda Industries; target of Rs 1135: Emkay Global Financial

Anand Rathi is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 1106 in its research report dated May 24, 2022.

Buy Minda Industries; target of Rs 1106: Anand Rathi

ICICI Direct is bullish on Minda Industries has recommended buy rating on the stock with a target price of Rs 1050 in its research report dated May 25, 2022.

Buy Minda Industries; target of Rs 1050: ICICI Direct

Minda Industries jumped 5.28% after the company’s board approved the issue of bonus shares to the shareholders of the company.

Minda Inds soars after board OKs bonus issue proposal

Board of Minda Industries approves fund raising up to Rs 1000 cr

The management believes that the auto industry is at the cusp of revival, with favorable governmental policies and more new product launches planned by OEMs for the coming year.

Minda Industries rallies 9% post Q4 results and 1:1 bonus issue

Minda Industries said that record date for the final dividend and bonus shares has been fixed as June 10

Minda Industries announces bonus shares issue, fixes record date

Minda Industries Limited is a supplier of automotive solutions to original equipment manufacturers. The Company offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels.

Minda Industries Ltd

Minda Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Trade Spotlight | What should you do with Honeywell Automation, Rajesh Exports, Minda Industries on Tuesday?

Minda Industries announces record date for bonus shares and dividend payment

Minda Industries fixes record date for dividend and bonus issue

Buy Minda Industries; target of Rs 1180: KR Choksey

Buy Minda Industries; target of Rs 1135: Emkay Global Financial

Buy Minda Industries; target of Rs 1106: Anand Rathi

Buy Minda Industries; target of Rs 1050: ICICI Direct

Minda Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Trade Spotlight | What should you do with Honeywell Automation, Rajesh Exports, Minda Industries on Tuesday?

Minda Industries announces record date for bonus shares and dividend payment

Minda Industries fixes record date for dividend and bonus issue

Buy Minda Industries; target of Rs 1180: KR Choksey

Buy Minda Industries; target of Rs 1135: Emkay Global Financial

Buy Minda Industries; target of Rs 1106: Anand Rathi

Buy Minda Industries; target of Rs 1050: ICICI Direct

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock