Buy Minda Corporation, target Rs 200: Axis Securities

Buy Minda Corporation at a price target of Rs 200.

Axis Securities has a buy call on Minda Corporation with a target price of Rs 200.

The current market price of Minda Corporation is Rs 195.95.

Time period given by the analyst is one week when Minda Corporation price can reach defined target.

Minda Corporation, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 4,101.46 Crore) operating in Auto Ancillaries sector.

The company’s top management includes Mr.Ashok Kumar Jha, Mr.Ashok Minda, Mr.Avinash Parkash Gandhi, Mr.Laxman Ramnarayan, Mr.Rakesh Chopra, Mr.Sudhir Kashyap, Ms.Pratima Ram.

Company has B S R & Associates LLP as its auditors.
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As on 30-09-2017, the company has a total of 209,311,640 shares outstanding.
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