Minda Corporation Ltd
MINDACORP

118.85

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118.75

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Buy
Reco. Price
Rs 102.00
We recommend BUY on account of revenue growth on the back of JVs and product launches. Also, company is focusing on EBITDA margin improvement with discontinuation of low margin businesses. The stock is trading at P/E of 19.3x on FY18E earnings. (Target Price - Rs.131)
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50 DMA (.)
98.56
100 DMA (.)
95.42
200 DMA (.)
103.72
Weekly Range (.)
111.95
124.40
Monthly Range (.)
90.50
124.40
52 Weeks Range (.)
85.00
143.30
Detailed Chart
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