Latest news with #MindaCorporationLimited
Mint
29-05-2025
- Business
- Mint
Minda Corp declares record date for 45% final dividend in FY25. Details here
Dividend Stock: Minda Corp declared record date on Thursday payment of Final Dividend for FY25. Company has announced 45% final dividend in FY25. Details here Minda Corporation Limited announced the Record Date for Payment of Final Dividend for the Year 2024-25. In its intimation to the National Exchange of India and the BSE or the Bombay Stock Exchange or BSE, Minda Corp intimated that its Board of Directors have fixed Thursday, August 14, 2025, as the "Record Date for Dividend Payout for identifying the list of shareholders that will be eligible to receive the final dividend. Record date implies that the shareholders who wish to reap the benefits of Dividend announcements by the company and want to receive dividend need to buy the Minda Corp shares one day prior to the record date in order to see their names appear in the list of eligible share holders to receive dividends as per T+1 Settlement procedure. Minda Corporation in its release said that the Board of Directors of the company has fixed Thursday, August 14, 2025, as the "Record Date" for the purpose of ascertaining the eligibility of shareholders for the payment of final dividend for the year 2024-25 Mindia Corporation in its intimation on the exchanges on Thursday 29 May 2025 said that it would like to notify the exchanges that the Final Divided was discussed and approved by the company's board of directors during their meeting held on Tuesday, May 27, 2025: The Minda Corp Board of Directors approved and recommended Final dividend for 239,079,428 equity shares of Rs. 2/- (Rupees Two) each, at 45% (considering the face value of shares), or Rs. 0.90/-per equity share. Minda Corp share price that had dipped to closing lows of ₹ 468.55 on the BSE on 9 May 2025 with volatility in the Indian Stock Market, however have been rebounding well. The Minda Corp share price is trading close to ₹ 528 levels now. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions
Mint
12-05-2025
- Business
- Mint
1300% rally in 2.5 years! Multibagger SME stock with just ₹650 crore m-cap bags ₹121 crore order. Do you own?
Multibagger SME stock: Shares of small and medium enterprise (SME) company Baheti Recycling Industries hogged the limelight in trade on Monday, May 12, following a significant order win. The multibagger SME stock, with a market cap of ₹ 658 crore, surged a whopping 9% in intraday trade following a ₹ 121 crore order from Minda Corporation Limited. "... We would like to inform you that Baheti Recycling Industries Limited has entered into a Memorandum of Understanding (MOU) with Minda Corporation Limited. As per the terms of the MOU, Baheti Recycling Industries Limited shall supply a quantity of 4,368 Metric Tonnes (MT) of Aluminium Alloy Ingots during the financial year 2025-26. The estimated value of this supply is approximately (gross) INR 121 crores," the company said in a filing today. This development is a significant step towards strengthening our business relations with reputed OEMs and reflects the trust and confidence of Minda Corporation Limited in our product quality and timely delivery capabilities, the company added. Following the announcement of this MoU with Mida Corporation, SME stock Baheti Recycling Industries surged as much as 9.32% to the day's high of ₹ 639.55 on the NSE. The stock traded close to its 52-week high level of ₹ 649.90, hit on May 5, 2025. Meanwhile, from its 52-week low of ₹ 216.55, hit on May 17, 2024, Baheti Recycling Industries share price has surged a whopping 195%. Shares of Baheti Recycling Industries had listed on the NSE Emerge platform on December 8, 2022, at ₹ 114, as against the IPO price of ₹ 45, resulting in a listing pop of 153%. From today's high, the SME stock has seen a spectacular rally, delivering 1,321% returns to its IPO investors. Around 1.30 pm, Baheti Recycling Industries share price was trading at ₹ 638.50, up 9.15%.
Mint
12-05-2025
- Business
- Mint
1300% rally in 2.5 years! Multibagger SME stock with just ₹650 crore m-cap bags ₹121 crore order. Do you own?
Multibagger SME stock: Shares of small and medium enterprise (SME) company Baheti Recycling Industries hogged the limelight in trade on Monday, May 12, following a significant order win. The multibagger SME stock, with a market cap of ₹ 658 crore, surged a whopping 9% in intraday trade following a ₹ 121 crore order from Minda Corporation Limited. "... We would like to inform you that Baheti Recycling Industries Limited has entered into a Memorandum of Understanding (MOU) with Minda Corporation Limited. As per the terms of the MOU, Baheti Recycling Industries Limited shall supply a quantity of 4,368 Metric Tonnes (MT) of Aluminium Alloy Ingots during the financial year 2025-26. The estimated value of this supply is approximately (gross) INR 121 crores," the company said in a filing today. Following the announcement of this MoU with Mida Corporation, SME stock Baheti Recycling Industries surged as much as 9.32% to the day's high of ₹ 639.55 on the NSE. The stock traded close to its 52-week high level of ₹ 649.90, hit on May 5, 2025. Meanwhile, from its 52-week low of ₹ 216.55, hit on May 17, 2024, Baheti Recycling Industries share price has surged a whopping 195%. Shares of Baheti Recycling Industries had listed on the NSE Emerge platform on December 8, 2022, at ₹ 114, as against the IPO price of ₹ 45, resulting in a listing pop of 153%.
