Minda Corporation Limited

NSE MINDACORP.NS

Minda Corporation Limited Price to Book Ratio (P/B) on January 14, 2025: 6.32

Minda Corporation Limited Price to Book Ratio (P/B) is 6.32 on January 14, 2025, a 7.00% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.
  • Minda Corporation Limited 52-week high Price to Book Ratio (P/B) is 7.59 on August 26, 2024, which is 20.03% above the current Price to Book Ratio (P/B).
  • Minda Corporation Limited 52-week low Price to Book Ratio (P/B) is 4.86 on May 07, 2024, which is -23.11% below the current Price to Book Ratio (P/B).
  • Minda Corporation Limited average Price to Book Ratio (P/B) for the last 52 weeks is 5.95.
Key data
Date Price to Book Ratio (P/B) Dividend Yield Free Cash Flow Yield Price to Earnings Ratio (P/E)
Market news
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NSE: MINDACORP.NS

Minda Corporation Limited

CEO Mr. Ashok Minda
IPO Date March 19, 2012
Location India
Headquarters D-6-11, Sector-59
Employees 3,344
Sector Consumer Discretionary
Industries
Description

Minda Corporation Limited manufactures and sells automobile components and parts. It offers electronic and mechanical security systems, including ignition switch cum steering locks, smart key systems, mechatronic handles, and immobilizers systems; die casting components, such as aluminum high pressure die casting and compressor housing products; and starter motors and alternators. The company also provides information and connected systems comprising instrument clusters; wiring harnesses, steering roll connectors, and junction boxes; and positional, temperature, and speed and exhaust gas temperature sensors. In addition, it offers plastics and interiors, including air vents, glove boxes, centre consoles, cup holders, ash trays, louvers, oil slumps, cylinder heads, and battery trays; aftermarket products, such as filters, clutch plates, bearings, wiper blades, brake shoes and pads, locks, window regulators, and control cables; and products related to electric vehicles, connected systems, antenna, and surface mounting technology. The company offers its products for two and three wheelers, passenger vehicles, commercial vehicles, and off-road vehicles. It operates in India, the rest of Asia, Europe, North America, and South America. The company was formerly known as Minda Switch Auto Pvt. Ltd. and changed its name to Minda Corporation Limited in 2007. Minda Corporation Limited was founded in 1958 and is based in Noida, India. Minda Corporation Limited is a subsidiary of Spark Minda, Ashok Minda Group.

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StockViz Staff

January 15, 2025

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