Latest news with #UNOMindaLtd
Time of India
a day ago
- Automotive
- Time of India
Stock Radar: UNO Minda eyeing fresh 52-week high in next few weeks; check target and stop loss for long positions
UNO Minda Ltd rebounded from key support levels, signaling bullish strength. Experts suggest buying the stock with targets of Rs 1,250-1,300 in the coming weeks, supported by positive technical indicators like RSI above 60 and a breakout above resistance. A stop loss can be placed below Rs 1,030. UNO Minda Ltd, part of the auto component space, bounced back from crucial support levels on daily and weekly charts which suggest that bulls are not ready to give traders can look to buy stock for a target of Rs 1,250-1,300 in the next few weeks, suggest auto component maker hit a high of Rs 1,252 on September 2, 2024, but it failed to hold the stock broke below crucial moving averages before regaining
Economic Times
a day ago
- Automotive
- Economic Times
Stock Radar: UNO Minda eyeing fresh 52-week high in next few weeks; check target and stop loss for long positions
UNO Minda Ltd, part of the auto component space, bounced back from crucial support levels on daily and weekly charts which suggest that bulls are not ready to give traders can look to buy stock for a target of Rs 1,250-1,300 in the next few weeks, suggest auto component maker hit a high of Rs 1,252 on September 2, 2024, but it failed to hold the stock broke below crucial moving averages before regaining
Time of India
30-04-2025
- Automotive
- Time of India
UNO Minda, JV boards approve project report for EV power train products
Auto components maker UNO Minda Ltd on Wednesday said a detailed project report to develop and manufacture high voltage electric vehicle power train products through its joint venture with Suzhou lnovance Automotive entailing a cost of Rs 423 crore has been approved by their respective boards. The company's board has also approved an investment of Rs 114 crore in the equity capital of the joint venture, equivalent to 70 per cent stake. #Pahalgam Terrorist Attack Pakistan's General Asim Munir is itching for a fight. Are his soldiers willing? PM Modi chairs 'Super Cabinet' meeting after giving army 'full freedom' India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister On February 17, 2025, the company had announced the approval and execution of a joint venture agreement with Uno Minda Auto Innovations Pvt. Ltd., Suzhou lnovance Automotive Co. Ltd. (lnovance Automotive) and lnovance Automotive (Hong Kong) Investment Co. Ltd. The JV is meant for development and manufacturing of high-voltage EV power train products for four-wheeler passenger and commercial vehicles, including combined charging units, e-axle, inverter and motors. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo "The board of the company and the JV company in their respective meetings held today have approved a detailed project report for the development and manufacturing of high voltage category of 4W PV & CV EV power train products with a total project cost of Rs 423 crore approximately," UNO Minda Ltd said in a regulatory filing. It also said that the board of the company has approved the overall investment of Rs 114 crore approximately in the equity capital of the JV, which is equivalent to 70 per cent stake, it added. Live Events "The said amount is to be invested over a period of the next three years. The company shall initially invest 100 per cent in the equity capital of the JV company till the time lnovance Automotive (HK) Investment Co. Ltd obtains the PN3 (press note 3) and other required approval from the regulators," the filing said. Post getting approval from the regulators, the JV Partner will acquire 30 per cent equity stake in the JV, it added. As per their agreement, lnovance Automotive, through its wholly-owned subsidiary lnovance Automotive (HK) Investment Co. Ltd., Hong Kong is envisaged to hold 30 per cent equity shares of an already incorporated and existing wholly owned subsidiary company of Uno Minda Ltd in India under the name 'Uno Minda Auto Innovations Pvt Ltd', which upon investment subject to necessary regulatory approvals in respective geographies will be treated as joint venture company.
