Minda Industries is currently trading at Rs. 1172.00, up by 0.30 points or 0.03% from its previous closing of Rs. 1171.70 on the BSE.
The scrip opened at Rs. 1175.00 and has touched a high and low of Rs. 1175.00 and Rs. 1153.60 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1249.00 on 23-May-2016 and a 52 week low of Rs. 475.00 on 08-Sep-2015.
Last one week high and low of the scrip stood at Rs. 1201.80 and Rs. 1142.00 respectively. The current market cap of the company is Rs. 1,859.42 crore.
The promoters holding in the company stood at 70.89% while Institutions and Non-Institutions held 3.83% and 25.28% respectively.
Minda Industries (MIL), an automobile components manufacturer has completed the acquisition of Rinder India. The company now holds 100% equity shares of Rinder India. Global Mazinkert, a wholly owned subsidiary of MIL has acquired l00% shares of Light Systems and Technical Centre S.L. (LSTC) Spain. LSTC Spain, a 100% step down subsidiary of MIL, has acquired 50% stake in Rinder Riduco S.A., Columbia.
The company in March had acquired the global lighting business of Spain based Rinder Group that manufactures automotive lamps- Head Lamp, Tail Lamps and Small lamps. The acquisition included 100% equity holding in Rinder India and Light Systems and Technical Center, Spain along with 50% equity holding in Rinder Riducu, Colombia.
Minda Industries is engaged in the business of manufacturing switches and batteries for 2/3 wheelers and off-road vehicles.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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