Minda Corporation is currently trading at Rs. 181.50, up by 6.50 points or 3.71% from its previous closing of Rs. 175.00 on the BSE.
The scrip opened at Rs. 178.00 and has touched a high and low of Rs. 189.00 and Rs. 176.50 respectively. So far 125567 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 229.00 on 27-Dec-2017 and a 52 week low of Rs. 95.50 on 25-May-2017.
Last one week high and low of the scrip stood at Rs. 189.00 and Rs. 160.40 respectively. The current market cap of the company is Rs. 4112.72 crore.
The promoters holding in the company stood at 70.21%, while Institutions and Non-Institutions held 8.02% and 21.77% respectively.
Minda Corporation has successfully completed a Qualified Institutional Placement (QIP) of equity shares raising around Rs 310 crore. High quality international and domestic institutional investors participated in the issue.
Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Electronic Controllers for Electric Vehicles and for Auto OEM’s across the Globe. It also manufactures Die Casting Parts for auto and consumer durable industry.
