India's Minda Corporation rises on bulk deal

Minda

05/07/2023 05:49

** Shares of Minda Corporation  MINC.NS  rise as much as 3%
to 293 rupees
    ** Societe Generale bought 1.7 mln shares of the automotive
components maker at 281 rupees per share on Tuesday, according
to BSE bulk deal data
    ** Over 653,000 shares change hands in early trading, 0.5
times the 30-day avg - Refinitiv data
    ** Of the seven analysts tracking MINC, four maintain
"strong buy", one suggests "buy" and two recommend "hold";
median TP is 297 rupees - Refinitiv data
    ** As of last close, MINC stock up 39.1% YTD

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))