Hot Pursuit     11-Jul-23
Minda Corp hits all-time high on Rs 750-cr order win
Minda Corporation surged 5.16% to Rs 306.55 after the company secured a significant contract from a leading OEM to produce battery chargers for electric vehicles (EVs) worth Rs 750 crore.
The product will be manufactured at Spark Minda's, Spark Minda Green Mobility Systems (a wholly owned subsidiary of Minda Corporation) facility at Pune.

The auto components company said that this big order win underscores company's commitment towards sustainable mobility and enhances its range of EV offerings.

Minda Corporation is one of the leading automotive component manufacturing companies in India with a pan-India presence and significant international footprint.

The company's consolidated net profit rose 60.74% to Rs 121.94 crore on a 13.38% increase in sales to Rs 1074.55 crore in Q4 FY23 over Q4 FY22.

The counter hit a record high at Rs 307.75 in intraday today on the BSE.

Previous News
  Minda Corporation bags contract worth Rs 750 cr
 ( Corporate News - 11-Jul-23   11:26 )
  Minda Corporation
 ( Results - Analysis 08-Feb-23   19:53 )
  Minda Corporation fixes record date for interim dividend
 ( Market Beat - Reports 08-Feb-23   18:58 )
  Minda Corp climbs after inking joint venture with Korean firm
 ( Hot Pursuit - 08-Jun-21   13:41 )
  Minda Corporation consolidated net profit declines 25.18% in the December 2022 quarter
 ( Results - Announcements 08-Feb-23   16:29 )
  Minda Corporation declares interim dividend
 ( Corporate News - 14-Feb-17   09:17 )
  Minda Corp rises after collaborating with Daesung Eltec for ADAS technology
 ( Hot Pursuit - 31-Oct-22   15:48 )
  Minda Corporation consolidated net profit declines 36.29% in the December 2016 quarter
 ( Results - Announcements 16-Feb-17   13:19 )
  Minda Corporation standalone net profit declines 16.35% in the March 2017 quarter
 ( Results - Announcements 25-May-17   16:16 )
  Minda Corp hits all-time high on Rs 750-cr order win
 ( Hot Pursuit - 11-Jul-23   10:56 )
  Minda Corporation reports consolidated net loss of Rs 35.40 crore in the June 2020 quarter
 ( Results - Announcements 14-Aug-20   08:00 )
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