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Thursday 29 June 2017

Minda Corp - Ready for new auto norms

Minda corp is leading auto parts, accessories and mainly safety devices producers. The co. Has jv with german co, US co. and all its subsidiary doing well. The co has recently inaugrated own research house at pune. International safety auto norms will be comlied by govt. soon. The co is poised to catre international standard parts and safety device fo4 indian market. The baloon bag in 4 wheeler will be mandatory soon. The co posses monopoly in mfg of steering connector which are used in baloon bag. Only 1-2player in india can supply this product, so there is huge room fo4 co to capture mkt. The co has well known client base from india as well internationally. Stock is attractive @108-110 price looking to co growth and auto industry boom in india.
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  1. Capitalstars Research Updates23 June 2018 at 02:47

    ADNOC to sign deal on Monday for stake in Indian refinery : government source.
    equitytips

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