Minda Corporation Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 3318.42 Crore) operating in Auto Ancillaries sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 801.30 Crore, up 6.92 % from last quarter Total Income of Rs 749.47 Crore and up 12.83 % from last year same quarter Total Income of Rs 710.20 Crore. Company reported net profit after tax of Rs 7.18 Crore in latest quarter.
Investment Rationale
Appearance of sizable bullish candle with sustained move above important averages warrants positive outlook for the stock.
Promoter/FII Holdings
Promoters held 70.9 per cent stake in the company as of June 30, 2020, while FIIs held 10.26 per cent, DIIs 7.47 per cent and public and others 11.4 per cent.
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