📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

Minda Industries

Buy Minda Industries shares

MINDA INDUSTRIES (BOM: 532539) Shares

ABOUT MINDA INDUSTRIES

Minda Industries Limited, an Indian automotive solutions company, was founded in 1958 and is headquartered in Gurugram. The company forms part of the UNO Minda Group. The latter is a conglomerate comprising of a number of companies that manufacture diverse auto components.

As part of the UNO Minda group, the company operates 62 manufacturing plants internationally. These include India, Vietnam, Indonesia, Morocco, Mexico, Spain, Columbia, and Germany. It also has design centres in Taiwan, Japan and Spain, as well as sales offices in North America, Europe and Asian countries.

The company has a host of subsidiaries. These include Minda Auto Components Ltd., Minda Onkyo India Private Limited, Minda Acoustic Limited, Clarton Horn, S.A., MJ Casting Limited and Minda Autogas Limited, to name but a few.

Today, the UNO Minda group employs approximately 21 000 people across its operations.

OVERVIEW OF MINDA INDUSTRIES

  • Minda Industries Limited focuses on the supply of automotive solutions and parts to original equipment manufacturers (OEMs). The company specializes in an extensive portfolio of auto components such as switching systems, acoustic systems and alloy wheels, amongst others.

  • It operates through four primary segments: Lighting Systems; Switch and Handle-bar Systems; Acoustics Systems, and Sensors Actuators and Controllers. It also has a business division that primarily focuses on the production of batteries for two-wheelers, as well as fuel-cap and compressed natural gas (CNG)/liquid petroleum gas (LPG) kits. The company also does blow-molding of components and aluminum die-casting.

  • Minda Industries Limited develops electronic products such as start/stop sensors, electronic accelerator pedal module- and head-lamp levelling motors.

VISION & VALUES OF MINDA INDUSTRIES

  • Minda Industries Limited, as part of the UNO Minda group, works hard to earn the respect of its shareholders as a sustainable global organization that creates value and wealth for all its stakeholders.

  • It views technological leadership as crucial, and attracts only the best in the field. Its businesses are dynamic, responsive and resilient over time.
  • It successfully negotiates financial, social and environmental risks, and has its eyes firmly set on the future. Investors who purchase company shares do so in the knowledge that their investments are in safe hands.

MARKET PERFORMANCE OF MINDA INDUSTRIES

  • Minda Industries Limited is listed on the Bombay Stock Exchange (BSE). The company trades its shares under the stock symbol BOM: 532539. It is listed in the Business Sector: Auto Parts. It is also listed on the National Stock Exchange of India (NSE) under the MINDAIND code.

  • For fiscal 2019, the company recorded total revenue of ₹ 13 595.8 crores, operating income of ₹ 876.7 crores, gross profit of ₹5 448.7 and net income of ₹ 494.4 crores.
  • These financials encourage shareholders who buy or sell company shares to do so in the expectation of solid dividends.

LATEST NEWS MINDA INDUSTRIES

Buy MINDA INDUSTRIES stocks / shares – A Step by Step Guide how to Buy / Purchase MINDA INDUSTRIES Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy MINDA INDUSTRIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN MINDA INDUSTRIES STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE MINDA INDUSTRIES STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of MINDA INDUSTRIES stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy MINDA INDUSTRIES stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

eTrader Review

  Overall, eTrader is regulated by CySEC authorities and it has a high trust score of 70 out of 100 and is considered a low-risk

OvalX – Account Types

  OvalX does not offer different account types, and traders at all levels and depositing amounts of all sizes, are offered CFD trading accounts. OvalX

EuroTrader Reviewed

Overall, EuroTrader is regulated by two tier-1 regulators respectively. It has a high trust score of 70 out of 100 and is considered a low-risk

EuroFinance Review

  Overall, EuroFinance offers traders an Individual Live Standard Trading Account that can be used on all three of their trading platforms.EuroFinance does not charge

10 Best Forex Brokers in Botswana

  The Top 10 Best Forex Brokers in Botswana revealed. We have rated and reviewed the best Forex Brokers accepting Batswana Traders.   This is a

Recent Comments