MINDAIND Charts, Analysis and Tips

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Technical Analysis

Technical Strength: 6.1 / 10
Indicator Analysis Signal (0 - 10) Chart
RSI (?) RSI is 62.0. According to RSI analysis, mindaind is technically strong. 9.0 MINDAIND RSI Chart
MACD (?) MACD: 11.1 and Signal Line: 14.1. According to MACD analysis, mindaind is marginally weak. 3.0 MINDAIND MACD Chart
Simple Moving Average (?) According to simple moving average analysis, mindaind is facing resistance from it's 200-day simple moving average at 622.32 and support level is at 435. 7.0 MINDAIND Simple Moving Average Chart
Exponential Moving Average (?) According to exponential moving average analysis, mindaind is facing resistance from it's 200-day exponential moving average at 533.4976 and support level is at 428. 7.0 MINDAIND Exponential Moving Average Chart
Bollinger Bands (?) %b is 0.632. 5.0 MINDAIND Bollinger Bands Chart
Fibonacci Retracement (?) According to fibonacci retracement, price is above all levels. Major support is at 379.3655 and 356.975. Resistance level is 451.85. 6.5 MINDAIND Fibonacci Retracement Chart
Average True Range (?) ATR: 11.8 NA MINDAIND Average True Range Chart
Average Directional Index (?) ADX is 49 which means MINDAIND is in a trend. NA MINDAIND Average Directional Index Chart
Note: Technical Analysis updated at 7PM on every trading day.
End-of-Day Share Price - NSE
March 29, 2017
Open Price 436.2
High Price 441.0
Low Price 432.0
Close Price 436.75
Absolute Change 1.85
Percentage Change 0.425%
Weekly Change 0.46%
Monthly Change -0.626%
Yearly Change -52.9%
52-week high 1647.0
52-week low 262.1
Corporate Actions
ExDate Purpose
February 16, 2017 INT DIV RS 1.20 PER SHARE
September 12, 2016 FV SPLT FRM RS 10 TO RS 2
August 03, 2016 DIV-RS 4 PER SHARE
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Volume Chart
Real time prices can be delayed by 20 minutes. Prices are refreshed from our server automatically after 1 minute. If NSE real time price is not available then BSE real time prices are provided. Volume displayed might not be correct..

Fundamental Analysis

Beta (?)0.831
Confidence in Beta3.46%
Market Capital Rs. 692.0 Cr
Diluted Trailing Twelve Months (TTM) Earnings Per Share (EPS) Rs. 55.36
TTM Price-to-Earnings (P/E) Ratio 7.89
Whenever available, consolidated financial results are used. For details, see here.
Stock Deliverable Quantity and Daily Volatility
Indicator Analysis Signal (0 - Strong Sell, 10 - Strong Buy) Chart
Deliverable Quantity (?) 29 March 2017: Deliverable Quantity:2.6e+04 NA MINDAIND Deliverable Quantity Chart
Annualized Daily Volatility (Spot Price) (?) 29 March 2017: Daily Volatility:0.3286 NA MINDAIND Annualized Daily Volatility (Spot Price) Chart

Announcements

March 29, 2017 MiQualified Institutional Placementinda Industries Limited has informed the Exchange that in respect of the QIP, the Fund Raising Committee of the Board of Directors of the Company at its meeting held March 29, 2017, has inter alia approved the following matter(s):- 1) Approved the closure of the QIP March 29, 2017; 2) Approved the issue price of Rs.423.00 per Equity Share (including a premium of Rs. 421.00 per Equity Share)upon the closure of the Issue, which is at a discount of Rs. 13.66 per Equity Share to the Floor Price of Rs. 436.66 per Equity Share, for the Equity Shares to be allotted to eligible qualified institutional buyers pursuant to the QIP; and 3) Approved and adopted the placement document dated March 29, 2017, in connection with the QIP. The Company has submitted to the Exchange a certified true copy of the resolution dated March 29, 2017 of Fund Raising Committee.
March 28, 2017 MiQualified Institutional Placementinda Industries Limited has informed the Exchange that Qualified institutions placement of equity shares of face value Rs. 2 each (the "Equity Shares") by Minda Industries Limited (the "Company") under the provisions of Chapter VIII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the "SEBI ICDR Regulations"), and Section 42 of the Companies Act, 2013 (including the rules made thereunder) (the "QIP") and the resolutions passed at the meeting of the Fund Raising Committee of the Board of Directors ("Committee") held on March 23, 2017 (including as per applicable SEBI regulations), The Company wish to confirm that the Committee will meet on March 29, 2017 to approve the closure of the QIP and take actions incidental thereto including determination of issue price and approve the placement document.
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Board Meetings

Date Meeting Date Purpose
May 13, 2016 May 21, 2016 ToResultso consider and take on records the Audited Financial Results of the Company for the Year ended on March 31, 2016.
January 28, 2016 February 02, 2016 ThResults/Dividendhe Company had informed the Exchange regarding a meeting of the Board of Directors of the Company schedule to be held February 02, 2015 inter-alia to consider and take on records:- 1) the un-audited standalone financial results of the company for the quarter and nine months ended on December 31, 2015 and; 2) the un-audited consolidated financial results of the company for the quarter and nine months ended on December 31, 2015. The Company has now informed the Exchange that the meeting of the Board of Directors of the Company , one of the agenda item regarding declaration of interim dividend for the Financial Year 2015-16 will also be placed before the Board for consideration and approval (Purpose Revised).
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Intraday Pivot Points

S3 S2 S1 Pivot R1 R2 R3
Rs. 423.2 Rs. 427.6 Rs. 432.2 Rs. 436.6 Rs. 441.2 Rs. 445.6 Rs. 450.2