MINDAIND

MINDAIND 

08.02.2022 - Nomura on MINDAIND Maintain Downgrade Neutral CMP 1092 Target 1235(PREVTGT 1045)

Nomura on Minda Ind Buy, TP Raised to Rs 820 : 17.08.2021

* 1QFY22 in line; multiple growth catalysts  
* Premiumization and new order wins across segments to 

* drive growth; new EV components expand opportunity