Trendline Support - MINDACORP

Current Price: ₹550

Technical Analysis:

Trendline Pattern Support taken: The chart indicates that the stock has taken support from a trendline. This is generally a bullish sign, suggesting that the price has found a floor and could potentially rebound or continue its upward trajectory. The chart shows a clear uptrend line with several points of support.
Target: Double or Multibagger stock: This is an ambitious long-term target, implying a significant increase in the stock price.
Time Frame: 1 Year to 3 Year (This indicates a medium to long-term investment horizon for this target).
Fundamental Analysis :

Market Cap: ₹13,152 Cr.
Stock P/E: 51.5 (This is a premium valuation, higher than the industry average, indicating market expectations of future growth).
Book Value: ₹87.9
Face Value: ₹2.00

Sales (Revenue from Operations): Consistently growing, from ₹1,590 Cr in Mar 2014 to ₹5,056 Cr in Mar 2025.
Operating Profit: Generally increasing, from ₹127 Cr in Mar 2014 to ₹575 Cr in Mar 2025.
Net Profit: Shows consistent growth, from ₹79 Cr in Mar 2014 to ₹255 Cr in Mar 2025.
EPS in Rs.: Increased from ₹3.79 in Mar 2014 to ₹10.68 in Mar 2025.
Compounded Sales Growth: 1 Year: 9%, 3 Years: 19%, 5 Years: 18%, 10 Years: 10%.
Compounded Profit Growth: 1 Year: 12%, 3 Years: 15%, 5 Years: 27%, 10 Years: 11%.
Return on Equity: Last Year: 16%, 3 Years: 15%, 5 Years: 14%, 10 Years: 12%.
Corporate Actions:

Dividend: The Dividend Payout % has varied but has been consistently paid, with a 10% payout in Mar 2025.
Recent News: Any news regarding new client wins, expansion plans (especially related to electric vehicles or advanced automotive technologies), or strategic partnerships would be relevant for Minda Corporation, a leading automotive components manufacturer.

Overall Assessment:

Minda Corporation presents a mixed but potentially bullish picture:

Technical Strength: The stock has taken Trendline Support, suggesting technical strength and a potential continuation of its upward trajectory as seen on the chart. The stock is in a clear long-term uptrend.
Consistent Growth: The company has demonstrated consistent growth in Sales, Operating Profit, and Net Profit over the long term (10 years, 5 years, 3 years), which is a significant positive.
Healthy Financials: Low Debt to Equity (0.25), strong ROCE (16.0%), and ROE (12.9%) indicate good financial health and efficient management.
Valuation: The Stock P/E of 51.5 is significantly higher than the Industry P/E of 26.9. This premium valuation suggests that the market has high expectations for Minda Corp's future growth, likely driven by its position in the evolving automotive sector (e.g., EV components).
The target of being a "Double or Multibagger" stock within a 1 to 3-year timeframe is ambitious but potentially achievable for a company with strong long-term growth and a premium valuation if it continues to deliver on market expectations and capitalize on industry trends (like the shift to EVs).

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own thorough research, carefully analyze the stock chart for the specific trendline support, assess your risk tolerance, and consult with a qualified financial advisor before making any investment decisions. The stock market carries inherent risks.