Mumbai, March 10 (Udaipur Kiran): Minda Corporation is currently trading at Rs. 509.50, up by 12.15 points or 2.44% from its previous closing of Rs. 497.35 on the BSE.
The scrip opened at Rs. 519.65 and has touched a high and low of Rs. 521.05 and Rs. 506.10 respectively. So far 7494 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 644.35 on 29-Sep-2025 and a 52 week low of Rs. 445.25 on 11-Aug-2025.
Last one week high and low of the scrip stood at Rs. 535.65 and Rs. 493.00 respectively. The current market cap of the company is Rs. 12243.26 crore.
The promoters holding in the company stood at 64.84%, while Institutions and Non-Institutions held 27.52% and 7.64% respectively.
Minda Corporation (Minda Corp) has signed a Joint Venture (JV) agreement with Turntide Technologies (Turntide). Under the JV, Minda Corp through its wholly owned subsidiary — Spark Minda Green Mobility Systems will hold 49% stake, and Turntide will hold 51%. This venture will bring new generation powertrain solutions for the electric vehicle industry.
The JV company will focus on the development and manufacturing of advanced new generation high and low-voltage motor controllers, high-voltage and high-performance electric motors, pumps for thermal applications, and other customised controllers tailored primarily for India’s growing EV segment. This partnership aims to bring Turntide’s advanced global technology closer to the Indian market and deliver localized, premium products suited to domestic requirements.
India’s EV market is expanding rapidly, driven by government initiatives and growing sustainable transportation solutions demand. The joint venture will leverage the combined strengths of Minda Corp and Turntide to accelerate the development cycles and strengthen the local supplier ecosystem for electric vehicles. The new venture aims to meet OEMs stringent performance and quality requirements while delivering cost advantages through local manufacturing and cutting-edge solutions.
Minda Corporation is a diversified company with a product portfolio encompassing from Mechanical & Electronic Security System, Door System, Electronic Controllers for Electric Vehicles, Plastic Interiors and for Auto OEM’s across the Globe.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
