Minda Corporation moves up on getting nod to invest up to Rs 18 crore in Spark Minda Toyodenso India

Minda Corporation Ltd. | Auto Ancillary | Automobiles | BSE: 538962 | NSE: MINDACORP

17 Aug 2026 Evaluate

Minda Corporation is currently trading at Rs. 724.80, up by 5.05 points or 0.70% from its previous closing of Rs. 719.75 on the BSE.

The scrip opened at Rs. 721.10 and has touched a high and low of Rs. 733.00 and Rs. 720.95 respectively. So far 32847 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 769.00 on 14-Aug-2026 and a 52 week low of Rs. 468.65 on 12-Mar-2026.

Last one week high and low of the scrip stood at Rs. 769.00 and Rs. 707.00 respectively. The current market cap of the company is Rs. 17385.86 crore.

The promoters holding in the company stood at 64.84%, while Institutions and Non-Institutions held 27.17% and 7.99% respectively.

Minda Corporation has secured approval to make an additional investment of up to Rs 18 crore in its joint venture -- Spark Minda Toyodenso India by way of subscription to 1.80 crore equity shares of Rs 10 each. Spark Minda ToyoDenso India is a joint venture company of the company and Toyo Denso Co., Japan, wherein the company owns a 60% stake and Toyo Denso owns 40%.
The Board of Directors of the company, at its meeting held on August 13, 2026, has approved the same. Pursuant to the proposed allotment, the company's total investment in the joint venture will increase to Rs 60 crore, comprising 6 crore equity shares of Rs 10 each.

Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM's across the Globe.

Minda Corporation Share Price

754.10 15.10 (2.04%)

20-Aug-2026 10:09 View Price Chart

Peers

Company Name	CMP
SamvardhanaMotherson	170.80
Tube Investments	2947.00
Bosch	48227.10
UNO Minda	1278.75
Motherson SumiWiring	39.03
View more..

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