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Minda Industries issues commercial paper of Rs 25 crore

29 Jul 2020 Evaluate

Minda Industries has issued the Commercial Paper of Rs 25 crore with allotment date July 28, 2020 and due for maturity on October 26, 2020. This is in line with the management efforts to bring down the finance cost.

Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

Peers
Company Name CMP
SamvardhanaMotherson 156.15
Tube Investments 2064.95
Bosch 51293.00
UNO Minda 1314.00
Bombay Burmah Trdg. 1263.00
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