Hitesh Rathi of Angel One advocates adopting a strategy where dips in Nifty could be bought into, while rallies towards key resistance zones can be utilised to consider short positions.
Auto Component maker Uno Minda on Tuesday said it plans to invest Rs 1,415 crore as it embarks on a strategic expansion drive across its business verticals aimed at strengthening its manufacturing footprint and boosting capacities across key divisions. The Rs 1,415 crore capital expenditure will cover setting up a new aluminium casting unit in Hosur, Tamil Nadu, as well as expanding and relocating its two-wheeler alloy wheel manufacturing operations in Kharkhoda, Haryana. With the existing Hosur facility at the current location having reached its practical expansion limits, the company will establish a new greenfield facility on another existing land parcel at Thally Road, Hosur, with an estimated additional capex of Rs 510 crore. Existing Hosur operations will be consolidated and relocated to the new facility by Q1FY2, the company said, adding that the aluminium casting capacity at the Hosur location will go up to 34,000 MT at peak from around 13,000 MT. The company has received .
The company had been manufacturing seat recliners since 2022, but is now expanding to manufacture complete seating systems.
Stocks to watch today: Maruti Suzuki, Uno Minda, BHEL, Torrent Pharma, Tata Power, IHCL, IDFC First Bank, Kalyan Jewellers, Premier Energies, RCF, RRP Defense, among others, will be in focus today
Among the companies, Bajaj Auto has announced the highest final dividend of ₹150 per share, with May 29, 2026, fixed as the record date
Uno Minda shares fell nearly 6 per cent after the company withheld FY27 growth guidance amid geopolitical uncertainty. Emkay downgraded the stock, citing slower growth and margin pressure
Auto components maker Uno Minda on Saturday said its profit after tax (PAT) grew 22 per cent year-on-year to Rs 326 crore in the January-March quarter, compared to the corresponding period of last year. The company had delivered a bottomline of Rs 266-crore in the quarter ended March 2025. Consolidated revenue for the reporting quarter was seen at Rs 5,336 crore, up 18 per cent from Rs 4,528 crore in Q4FY25, it said. This growth was broad-based and high-quality, driven by value-added features and volume expansion across the company's core and emerging product offerings. Uno Minda also achieved an EBITDA (earnings before interest, taxes, depreciation and amortisation) of Rs 603-crore for the March quarter of 2026 as against Rs 527-crore in the period year earlier, registering a year-on-year growth of 14 per cent, the company said. For the full year ended March 31, 2026, PAT stood at Rs 1,166 crore (PAT (UML share excluding prior period income and exceptional item) as against Rs 943
Q4FY26 company results: Firms including UNO Minda, Genus Power Infrastructures, Neogen Chemicals, Tatva Chintan Pharma Chem, and Rolex Rings are also to release their January-March earnings today
The latest recommendations by the Parliamentary Committee on EV policy reforms (PM E-DRIVE) could boost Tata Motors, M&M, Ather, and Sona BLW, said analysts at Nomura
Analysts said that companies involved in sectors like EV, EMS, auto ancillary, BESS, renewable energy, and specialty chemicals are expected to benefit most from the easing FDI rules
While its 42x FY27E PE appears rich compared with the last five-year average of 43x, analysts believe the valuation is justified given its strong growth outlook, low margin volatility, and high ROE
Uno Minda share price increased as much as 3.2 per cent to ₹1,243 on the National Stock Exchange (NSE)
Auto ancillary stocks have surged in FY26 on the back of strong November 2025 auto sales and a GST rate cut. Analysts see medium-term upside but advise selective investing as valuations turn rich
Elara identified four factors critical for auto ancillary companies to outperform OEMs: product expansion, segment expansion, geographic expansion and inorganic initiatives
Analyst at Bonanza recommends IGL, Uno Minda, Petronet LNG to buy today; here's why
Uno Minda stock gained 4% in Tuesday's intra-day trade. With largely an EV-agnostic portfolio & proven execution on JVs, Uno Minda is well placed to benefit from India's electrification drive.
HBL Engineering, Godfrey Phillips, Ola Electric, Sarda Energy and Uno Minda gained over 20% in Aug. In general, 20% gain is considered a bullish sign; here's a technical check on these 5 stocks.
Grasim has taken support at its rising trendline and rebounded with a strong bullish candle backed by volumes, reflecting buyers' interest at key support levels
Mahindra and Uno Minda are exploring rare earth magnet manufacturing in India as the government considers incentives and stockpiling amid Chinese export curbs
Uno Minda shares gained 2.9 per cent in trade on Friday and logged an day's high at ₹1,067.1 per share; here's why