Minda Industries surged 4.4% to Rs 541 at 15:07 IST on BSE after consolidated net profit rose 35.79% at Rs 57.78 crore on 32.31% growth in total revenue to Rs 951.52 crore in Q4 March 2017 over Q4 March 2016.The result was announced during market hours today, 16 May 2017.
On the BSE, 1.48 lakh shares were traded on the counter so far as against the average daily volumes of 16,168 shares in the past one quarter. The stock had hit a high of Rs 568.20 so far during the day, which is a record high. The stock hit a low of Rs 505.05 so far during the day.
The stock had hit a 52-week low of Rs 207.65 on 13 May 2016. It had outperformed the market over the past one month till 15 May 2017, advancing 19.35% compared with the Sensex's 2.92% rise. The scrip had also outperformed the market over the past one quarter, gaining 38.89% as against the Sensex's 7.69% rise.
The mid-cap company has equity capital of Rs 17.28 crore. Face value per share is Rs 2.
Minda Industries is part of UNO Minda. UNO Minda is a technology leader in auto components industry and a leading tier 1 supplier of proprietary automotive solutions to original equipment manufacturers (OEMs).
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