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 AGM scheduled
 ( Corporate News - 22-May-23   09:56 )
  Minda Corp jumps on value buying
 ( Hot Pursuit - 21-Dec-21   14:07 )
  Minda Corporation consolidated net profit rises 5.99% in the September 2018 quarter
 ( Results - Announcements 01-Nov-18   12:24 )
  Board of Minda Corporation recommends final dividend
 ( Corporate News - 22-May-24   18:55 )
  Minda Corporation receives CSR Excellence Award
 ( Corporate News - 27-Dec-21   13:52 )
  Minda Corporation announces resignation of director
 ( Corporate News - 20-Jun-16   19:26 )
  Board of Minda Corporation recommends Final Dividend
 ( Corporate News - 19-May-21   10:32 )
  Minda Corp rises after collaborating with Daesung Eltec for ADAS technology
 ( Hot Pursuit - 31-Oct-22   15:48 )
  Minda Corporation announces resignation of nominee director
 ( Corporate News - 08-Jun-23   14:45 )
  Minda Corporation consolidated net profit rises 18.97% in the December 2020 quarter
 ( Results - Announcements 03-Feb-21   16:30 )
  Board of Minda Corporation recommends Interim Dividend
 ( Corporate News - 03-Feb-21   18:24 )
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