Latest news with #MindaCorporation
Mint
28-05-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 28 May 2025
Breakout stocks buy or sell: Both Indian indices - Sensex and Nifty - ended Tuesday's session in significant losses on heavy profit booking in large caps and selective buying in mid-cap and small-cap shares. The Sensex closed with a decline of 625 points, or 0.76%, ending the day at 81,551.63, while the Nifty 50 slipped 175 points, or 0.70%, to settle at 24,826.20. In contrast, mid-cap and small-cap stocks outperformed the broader market. The BSE Midcap index edged up by 0.18%, and the Smallcap index gained 0.19%. Sumeet Bagadia, Executive Director at Choice Broking, believes that the undertone for the Indian stock market is positive but the Nifty 50 index is facing hurdle at 25,000 levels. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaching above this resistance, we can expect the benchmark index to touch 25,400 soon. On the lower side, the index has made strong support at 24,500 levels." Sumeet Bagadia recommends five shares to buy today — Hindware Home Innovation, Enviro Infra Engineers, Minda Corporation, ELGI Equipments, and Man Industries (India). 1] Hindware Home Innovation: Buy at ₹ 253, target ₹ 271, stop loss ₹ 244; 2] Enviro Infra Engineers: Buy at ₹ 252.35, target ₹ 270, stop loss ₹ 243; 3] Minda Corporation: Buy at ₹ 550.55, target ₹ 590, stop loss ₹ 530; 4] ELGI Equipments: Buy at ₹ 497.80, target ₹ 533, stop loss ₹ 480; 5] Man Industries (India): Buy at ₹ 367.35, target ₹ 393, stop loss ₹ 354. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Business Standard
27-05-2025
- Business
- Business Standard
Minda Corporation consolidated net profit declines 26.46% in the March 2025 quarter
Sales rise 8.75% to Rs 1321.26 crore Net profit of Minda Corporation declined 26.46% to Rs 52.03 crore in the quarter ended March 2025 as against Rs 70.75 crore during the previous quarter ended March 2024. Sales rose 8.75% to Rs 1321.26 crore in the quarter ended March 2025 as against Rs 1214.98 crore during the previous quarter ended March 2024. For the full year,net profit rose 12.39% to Rs 255.37 crore in the year ended March 2025 as against Rs 227.22 crore during the previous year ended March 2024. Sales rose 8.71% to Rs 5056.22 crore in the year ended March 2025 as against Rs 4651.14 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1321.261214.98 9 5056.224651.14 9 OPM % 11.5711.40 - 11.3711.06 - PBDT 121.71135.88 -10 539.97474.28 14 PBT 64.9092.25 -30 335.66308.48 9 NP 52.0370.75 -26 255.37227.22 12
Time of India
20-05-2025
- Automotive
- Time of India
Minda Corp ropes in Ajay Agarwal as President for Finance & Strategy: Details
Minda Corp ropes in Ajay Agarwal as President for Finance & Strategy. Minda Corp ropes in Ajay Agarwal as President for Finance & Strategy. Minda Corp ropes in Ajay Agarwal as President for Finance & Strategy. Minda Corp ropes in Ajay Agarwal as President for Finance & Strategy. Minda Corp ropes in Ajay Agarwal as President for Finance & Strategy. 1 2 Minda Corporation , the flagship company of the Spark Minda Group, has appointed Ajay Agarwal as President – Finance & Strategy. The move comes as the company looks to strengthen its leadership team and sharpen its focus on long-term value creation, disciplined growth, and operational excellence , the company said. Minda Corp's latest appointment: Key details Agarwal brings over 24 years of experience in finance and strategy, having held leadership positions across global organisations. He has previously worked with industry giants like KPMG and PwC. Most recently, he served as President – Finance & Strategy at Vedanta Limited, where he was instrumental in steering strategic initiatives and overseeing core financial operations. Kia Carens Clavis first drive review: Carens facelift or more | TOI Auto by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Perdagangkan CFD Emas dengan Broker Tepercaya IC Markets Mendaftar Undo In his new role at Minda Corp, Ajay Agarwal will lead key financial functions including corporate strategy , M&A, joint ventures, investor relations, and overall corporate planning. He will also play a central role in shaping the organisation's growth roadmap and aligning its structure for scalability. Speaking on the appointment, Aakash Minda , Executive Director at Minda Corporation, said, 'As Minda Corporation enters its next phase of growth, Ajay Agarwal's appointment positions us strongly to scale with confidence. His commercial acumen, capital markets expertise , and strategic mindset will be key in shaping our financial platform to support innovation and expansion.' The leadership change marks a significant step for Minda Corp as it continues to expand its footprint in the automotive components sector . Stay tuned to TOI Auto for all the latest updates around the automotive industry and do follow us on our social media handles on Facebook, Instagram and X. Discover everything about the automotive world at Times of India .
