India's Minda Corp jumps on plan to more than triple revenue by FY30

Minda

24/09/2025 05:33

** Minda Corporation MINC.NS jumps 9.2% to 583 rupees, biggest intraday pct gain in a month

** Automotive components maker sees FY30 revenue exceeding 175 bln rupees ($1.97 bln) - 3.5x increase from FY25's 50.56 bln rupees

** More than 4.7 mln shares traded, over 12x the 30-day avg

** Stock rated "buy" on avg; median PT 610 rupees, per data compiled by LSEG

** YTD, MINC gains 18.5%

($1 = 88.6900 Indian rupees)

 (Reporting by Aleef Jahan)

 ((aleefjahan.cs@thomsonreuters.com))