India's Minda Corp rises to record high after quarterly profit more than trebles

Minda

14/08/2026 06:29

** Shares of India's Minda Corp MINC.NS rise as much as 8% to record high of 769 rupees; last up 6.4%
** Auto parts maker on Thursday reported first-quarter net PAT more than 3x y/y; rev from ops up 33.2% y/y
** More than 1.76 mln shares change hands by 10:48 AM, 4.7x the 30-day avg
** MINC rated "buy" or "strong buy" by 7 analysts covering stock; median PT 775 rupees - data compiled by LSEG
** Stock up 31.8% YTD
     

 (Reporting by Abhirami G in Bengaluru)
 ((abhirami.g@thomsonreuters.com))