Wednesday , October 20 2021

India Ratings upgrades Minda Corporation’s long term issuer rating

India Ratings and Research (Ind-Ra) has upgraded Minda Corporation’s Long Term Issuer Rating to ‘AA-’ from ‘A+’. Rating upgrade highlights strengthening of the business portfolio and financials of Minda Corporation largely aided by a growth in its core business, both domestic and exports. The company has also increased its focus on technological driven products like Sensors and Telematics.

Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Electronic Controllers for Electric Vehicles and for Auto OEM’s across the Globe. It also manufactures Die Casting Parts for auto and consumer durable industry.

Please share this news
<div id="taboola-below-article-thumbnails"></div>
<script type="text/javascript">
  window._taboola = window._taboola || [];
    mode: 'thumbnails-a',
    container: 'taboola-below-article-thumbnails',
    placement: 'Below Article Thumbnails',
    target_type: 'mix'