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UNO Minda is currently trading at Rs. 1042.90, up by 12.45 points or 1.21% from its previous closing of Rs. 1030.45 on the BSE.

The scrip opened at Rs. 1030.75 and has touched a high and low of Rs. 1053.55 and Rs. 1030.75 respectively. So far 13271 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1252.85 on 02-Sep-2024 and a 52 week low of Rs. 551.00 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 1081.50 and Rs. 1024.90 respectively. The current market cap of the company is Rs. 59888.16 crore.

The promoters holding in the company stood at 68.75%, while Institutions and Non-Institutions held 25.05% and 6.20% respectively.

Uno Minda has received approval for setting up of a new Manufacturing Plant in Indonesia. The plant will be set up by its Wholly Owned Subsidiary -- PT Minda Asean Automotive (PTMA), which is engaged in the business of manufacturing and trading in automotive parts (electrical switches, powers sockets, lever holder assemblies, horns & lighting solutions) . With this expansion, PTMA will manufacture automotive parts such as Tail Lamp, Back Up lamp & HMSL which will mark a significant diversification into the passenger car segment. Once the new plant is commissioned, the existing plant will be relocated to the new site to consolidate operations and achieve economies of scale. The total capital expenditure for the new Plant and the relocation is estimated at Rs 210 crore. 

The company has also received approval for setting up of Harohalli, Karnataka Plant of Associate of the Company -- Toyoda Gosei Minda India’s (TG Minda) Subsidiary -- Toyoda Gosei South India (TGSIN). With this setting up of new plant, TGSIN will increase its present capacity by addition of 9 IMM (Injection Moulding Machines) in order to meet the future demand and to cater the increased demand of key customers. Through this new facility, TGSIN will manufacture safety systems (airbags, steering wheels, etc.) and interior and exterior products (console boxes, etc.). The total capital expenditure for this new facility in Harohalli is estimated at Rs 283 crore, with operations expected to commence in Q1 FY 2027.

Furthermore, the Board of Directors of the Company has approved the shifting of existing manufacturing plant of material subsidiary of the Company -- Uno Mindarika (UMRPL) from Manesar, Nawada Fatehpur, Haryana to Farrukh Nagar, Haryana in Phase-II with an Investment of around Rs 120 crore. The same will be funded through Debt & Internal accrual. The new Plant is expected to commence its operations with effective from Q3 FY 2027.The new infrastructure is being set up to cater future sales growth and to meet product specific requirement for the advance technology switches.

The Board of Directors of the company at its meeting held on September 19, 2024, has approved the same. 

Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.