MINDA INDUSTRIES (India) Today

MINDAIND -  India Stock  

INR 718.95  8.60  1.18%

MINDA INDUSTRIES is selling for 718.95 as of the 24th of July 2021. This is a -1.18% down since the beginning of the trading day. The stock's open price was 727.55. MINDA INDUSTRIES has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for MINDA INDUSTRIES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2021 and ending today, the 24th of July 2021. Click here to learn more.
 Market Performance
17 of 100
  Odds Of Distress
Less than 2
Follow Valuation Odds of Bankruptcy
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MINDA INDUSTRIES Stock Profile

Minda Industries Limited, together with its subsidiaries, designs, develops, manufactures, and sells auto components in India and internationally. The company was founded in 1958 and is based in Gurugram, India. MINDA INDUSTRIES operates under Auto Parts classification in India and is traded on National Stock Exchange of India. It employs 22000 people. more on MINDA INDUSTRIES
MINDA INDUSTRIES is unlikely to experience financial distress in the next 2 years
About 75.0% of the company outstanding shares are owned by corporate insiders
Legal NameMINDA INDUSTRIES
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of MINDA INDUSTRIES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
MINDA INDUSTRIES (MINDAIND) is traded on National Stock Exchange of India in India and employs 22,000 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 174.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MINDA INDUSTRIES's market, we take the total number of its shares issued and multiply it by MINDA INDUSTRIES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. MINDA INDUSTRIES operates under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 271.93 M outstanding shares. MINDA INDUSTRIES has accumulated about 3.26 B in cash with 5.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.25.
Check MINDA INDUSTRIES Probability Of Bankruptcy
Ownership
MINDA INDUSTRIES maintains a total of two hundred seventy-one million nine hundred thirty thousand outstanding shares. MINDA INDUSTRIES secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 74.51 % of MINDA INDUSTRIES outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check MINDA Ownership Details

MINDA Stock Price Odds Analysis

What are MINDA INDUSTRIES's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of MINDA INDUSTRIES jumping above the current price in 90 days from now is about 1.95%. The MINDA INDUSTRIES probability density function shows the probability of MINDA INDUSTRIES stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MINDA INDUSTRIES has a beta of -0.5909. This indicates as returns on benchmark increase, returns on holding MINDA INDUSTRIES are expected to decrease at a much lower rate. During the bear market, however, MINDA INDUSTRIES is likely to outperform the market. Additionally, the company has an alpha of 0.4616, implying that it can generate a 0.46 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 718.95HorizonTargetOdds Up 718.95 
98.03%90 days
 718.95 
1.95%
Based on a normal probability distribution, the odds of MINDA INDUSTRIES to move above the current price in 90 days from now is about 1.95 (This MINDA INDUSTRIES probability density function shows the probability of MINDA Stock to fall within a particular range of prices over 90 days) .

MINDA INDUSTRIES Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MINDA INDUSTRIES market risk premium is the additional return an investor will receive from holding MINDA INDUSTRIES long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MINDA INDUSTRIES. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MINDA INDUSTRIES's alpha and beta are two of the key measurements used to evaluate MINDA INDUSTRIES's performance over the market, the standard measures of volatility play an important role as well.

MINDA Stock Against Markets

Picking the right benchmark for MINDA INDUSTRIES stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MINDA INDUSTRIES stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MINDA INDUSTRIES is critical whether you are bullish or bearish towards MINDA INDUSTRIES at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MINDA INDUSTRIES without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Stocks Correlation. Note that the MINDA INDUSTRIES information on this page should be used as a complementary analysis to other MINDA INDUSTRIES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Other Tools for MINDA Stock

When running MINDA INDUSTRIES price analysis, check to measure MINDA INDUSTRIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MINDA INDUSTRIES is operating at the current time. Most of MINDA INDUSTRIES's value examination focuses on studying past and present price action to predict the probability of MINDA INDUSTRIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MINDA INDUSTRIES's price. Additionally, you may evaluate how the addition of MINDA INDUSTRIES to your portfolios can decrease your overall portfolio volatility.
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