Archive · 25 Sep 2025
Minda Corp. Receives Buy Rating, Sets ₹690 Target
Minda Corp, a company that makes car parts, has received a 'Buy' rating from a broker.
This means experts think the company's stock is a good investment.
The company is aiming to become a high-tech provider.
They are investing heavily in research and development of new technologies.
The stock is valued based on its expected earnings in the future.
The positive outlook is supported by new orders and confidence in future growth.
Minda Corporation is a leading automotive component manufacturer.
The company is transitioning to a 'system solutions provider'.
Minda Corp. aims for ₹17,500 crore revenue by 2030.
R&D includes ADAS, cybersecurity, and EV electronics.
The stock is valued at a 36x multiple on FY28E EPS.
- Who
- Minda Corporation
- What
- Received a 'Buy' rating with a target price of ₹690
- When
- Published September 25, 2025
- Where
- N/A
- Why
- Due to strong growth trajectory and healthy balance sheet
Company Strategy
Brokerage View
Market Performance
Company Strategy
Transitioning to a system solutions provider
Brokerage View
Strong growth trajectory and healthy balance sheet
- Target Price
- ₹690
- CMP
- ₹574.70
- Revenue Target (2030)
- ₹17,500 crore
- R&D Spend
- About 4%
- Valuation Multiple
- 36x FY28E EPS