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Minda Corp 93 Mcap 2115 Crs
✍️Posted an in-line set of nos amid the weakness in the global automobile sector
✍️Shifting consumer preference towards premium vehicles & new emission norms are expected to increase content per vehicle & boost MCL's growth
#MindaCorp
#Auotmobile
✍️Posted an in-line set of nos amid the weakness in the global automobile sector
✍️Shifting consumer preference towards premium vehicles & new emission norms are expected to increase content per vehicle & boost MCL's growth
#MindaCorp
#Auotmobile
✍️YoY 5% drop in revenue in Q2 mainly due to 22% fall in information & connected system biz which caters to commercial vehicles industry
✍️The India biz contracted 15% YoY due to a decline in the volumes of commercial vehicles (39%) & 2 wheelers (16%)
#MindaCorp
#automobile
✍️The India biz contracted 15% YoY due to a decline in the volumes of commercial vehicles (39%) & 2 wheelers (16%)
#MindaCorp
#automobile
✍️Mechatronics & aftermarket segment 👇7% YoY
✍️The plastics & interior segment 👆38% YoY due to the Co's efforts to diversify clients & improve operations of European biz
✍️BS VI implementation-Near term trigger
✍️Focusing on expanding export biz (30 Customers in 20 countries)
✍️The plastics & interior segment 👆38% YoY due to the Co's efforts to diversify clients & improve operations of European biz
✍️BS VI implementation-Near term trigger
✍️Focusing on expanding export biz (30 Customers in 20 countries)
