SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Minda Industries gets nod for additional investment in MJ Casting

01 Jul 2015 Evaluate

Minda Industries has received its board’s approval for additional investment in MJ Casting (a joint venture company). The company is planning to buy 2.80 crore equity shares with a face value Rs 10 each from Neel Metal Products at Rs 5 a share for a total consideration of Rs 14.04 crore. Post-transaction, the total equity shareholding of the company in MJ Casting will go up from 50 per cent to 98 per cent.

Minda Industries is engaged in the business of manufacturing switches and batteries for 2/3 wheelers and off-road vehicles.

 

UNO Minda Share Price

1127.90 30.60 (2.79%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 123.20
Tube Investments 2876.95
Bosch 37764.95
UNO Minda 1127.90
CIE Automotive India 485.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×