Minda Industries is currently trading at Rs. 285.70, up by 4.10 points or 1.46% from its previous closing of Rs. 281.60 on the BSE.
The scrip opened at Rs. 283.10 and has touched a high and low of Rs. 286.60 and Rs. 283.10 respectively. So far 1558 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 425.85 on 27-Jan-2020 and a 52 week low of Rs. 209.30 on 19-Mar-2020.
Last one week high and low of the scrip stood at Rs. 307.90 and Rs. 279.70 respectively. The current market cap of the company is Rs. 7491.54 crore.
The promoters holding in the company stood at 70.79%, while Institutions and Non-Institutions held 17.73% and 11.48% respectively.
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.
