Sunday, May 1, 2016

MINDA Industries:

Minda is involved in manufacturing

  • alloy wheels for passenger vehicles
  • automotive switches, horns, lightings
  • Globally 2nd largest supplier of horns with 25 manufacturing facilities.
  • OEM supplier for Maruti, Bajaj auto, Yamaha, Suzuki, Hero motor, Tvs Mottor. New holland, Eicher, M&M, Royal enfield, TAFE, Kawasaki and Hyundai.
  • Market cap @ Rs.1064 Cr
  • PE is 19.62
  • BV is 4.43
  • Div yield is 0.59
  • Debt equity ratio is 0.80

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