Minda Corp shares hit record high in early trade; here's why
Minda Corp share price today: Minda Corp stock opened higher at Rs 301 today against the previous close of Rs 298.35 on BSE. Later, it hit record high of Rs 301.80 in early deals.
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Minda Corp share price today: Minda Corp stock opened higher at Rs 301 today against the previous close of Rs 298.35 on BSE. Later, it hit record high of Rs 301.80 in early deals.
Stocks to watch out for today: IDFC First Bank, Minda Corp, Indian Overseas Bank, Hardwyn India, IOC and more
The market suffered a small correction this week but the underlying trend remains bullish. We expect a short rally next week before a deeper decline.
On Wednesday, 1717 stocks advanced, 1796 declined and 132 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 0.95, indicating a negative closing of stocks in broader markets.
Minda Corp filed an application with the Competition Competition of India (CCI) to get clearance to acquire a 24.5% stake in Pricol, which is a leading manufacturer of instrument clusters in India, while Minda Corp has a much smaller share of the market.