Minda Corp Hits 52-Week High on Strong Q1 Profit
By ThePip Desk
Minda Corporation’s stock surges to a 52-week high, driven by a remarkable three-fold increase in Q1FY27 consolidated net profit. Explore the financial performance.
Minda Corporation shares soared to a 52-week high of Rs. 769.00 on August 14, 2026, driven by an impressive over three-fold jump in its Q1FY27 consolidated net profit.
The stock closed at Rs. 735.00 on the BSE, marking a gain of 3.14% or 22.40 points from its previous close of Rs. 712.60.
Key Market Metrics
- Current Trading Price: Rs. 735.00
- Previous Close: Rs. 712.60
- Daily High: Rs. 769.00
- Daily Low: Rs. 715.35
- 52-Week High (Aug 14, 2026): Rs. 769.00
- 52-Week Low (Mar 12, 2026): Rs. 468.65
- Market Capitalization: Rs. 17830.54 crore
Trading activity saw 253791 shares change hands on the counter. Over the last week, the scrip recorded a high of Rs. 769.00 and a low of Rs. 707.00.
Q1FY27 Financial Performance
The primary catalyst for the stock’s performance was Minda Corporation’s robust financial results for the first quarter ended June 30, 2026 (Q1FY27).
- Consolidated Net Profit: Rs. 206.03 crore (over three-fold increase) compared to Rs. 65.31 crore in the prior year.
- Consolidated Total Income: Rs. 1,847.93 crore (up 33.02%) from Rs. 1,389.17 crore in the corresponding quarter last year.
On a standalone basis, the company also reported strong growth in its financial metrics for Q1FY27.
- Standalone Net Profit: Rs. 61.13 crore (up 46.14%) versus Rs. 41.83 crore in the previous year.
- Standalone Total Income: Rs. 1,402.64 crore (up 22.55%) from Rs. 1,144.50 crore in the corresponding quarter last year.
The company’s shareholding structure shows promoters holding 64.84%, while institutions account for 27.17% and non-institutions hold 7.99%.
Minda Corporation’s exceptional Q1FY27 consolidated net profit and income figures have clearly resonated with investors, propelling the stock to new highs.