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Minda Industries Ltd.

BSE: 532539 Sector: Auto
NSE: MINDAIND ISIN Code: INE405E01023
BSE 15:40 | 19 Jan 1296.90 3.55
(0.27%)
OPEN

1295.00

HIGH

1314.75

LOW

1285.00

NSE 15:50 | 19 Jan 1291.15 -3.50
(-0.27%)
OPEN

1309.80

HIGH

1314.15

LOW

1270.55

OPEN 1295.00
PREVIOUS CLOSE 1293.35
VOLUME 5485
52-Week high 1349.45
52-Week low 338.00
P/E 110.56
Mkt Cap.(Rs cr) 11,205
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1295.00
CLOSE 1293.35
VOLUME 5485
52-Week high 1349.45
52-Week low 338.00
P/E 110.56
Mkt Cap.(Rs cr) 11,205
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Minda Industries Ltd. (MINDAIND) - Company History

Minda Industries Limited is the flagship company of the Minda Group. The company designs, develops and manufactures switches for 2/3 wheelers and off-road vehicles. In addition, the company manufactures batteries for 2/3/4 wheelers and off-road vehicles. The company enjoys more than 70% market share in the 2/3 wheeler segment in India and is amongst the top few globally. It has established 8 state of the art facilities spread across the length & breadth of India and one in the ASEAN region and employs more than 2800 people. The company is engaged in the manufacturing of auto electrical parts, such as switches, lightings, batteries and blow moulded products. Its products range include Switch 2W/HBA, sensors, actuators, controllers, Switch 4W/HVAC, mirrors, lighting, HLL Motors, horns, compressed natural gas (CNG)/liquid petroleum gas (LPG) kits, batteries, blow molding components, wheel covers, seat belts, seating and systems and cigar lighter. Its two wheelers switches include handle bar system assembly, electronic systems, brake switch, gear shift switch and modular switch. Its off road switches include rotary switches, starter switches, plunger switches and rocker switches. Its automotive lighting products include tail lamp, side indicator lamps, head lamps, front fog lamp, rear fog lamps, warning triangles, work lamp and interior lamp. MIL has automotive battery brand Vroom. In April 2011, the Company sold Minda Realty & Infrastructure Ltd.