Uno Minda surges on getting nod to establish greenfield manufacturing facility in Maharashtra

Mumbai, May 18 (Udaipur Kiran): UNO Minda is currently trading at Rs. 1148.80, up by 26.40 points or 2.35% from its previous closing of Rs. 1122.40 on the BSE.

The scrip opened at Rs. 1125.05 and has touched a high and low of Rs. 1156.60 and Rs. 1120.90 respectively. So far 946 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1381.95 on 07-Oct-2025 and a 52 week low of Rs. 970.00 on 21-May-2025.

Last one week high and low of the scrip stood at Rs. 1180.05 and Rs. 1102.80 respectively. The current market cap of the company is Rs. 64813.75 crore.

The promoters holding in the company stood at 68.37%, while Institutions and Non-Institutions held 25.85% and 5.79% respectively.

Uno Minda has received Board of Directors’ approval to establish state-of-the-art greenfield manufacturing facility in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra. This facility, established through its subsidiary Uno Minda Auto Innovations (UMAIPL), will focus on high-voltage electric powertrain products for four-wheeler passenger vehicles.

The new plant will assemble and manufacture advanced systems including Electric Drive Units (EDU) and Dedicated Hybrid Transmission (DHT) systems. This strategic expansion is backed by significant new orders for EDU and DHT systems from a key anchor customer. The project involves a total estimated investment of around Rs 550 crore, to be funded through a mix of debt and equity. Capital expenditure will be phased over the next two years, with the facility expected to be commissioned by Q2FY28.

This is the second EV powertrain plant announced by UMAIPL in quick succession, following the ongoing setup of its facility in Khed City, Pune, which is slated to begin operations in H2FY27.

Uno Minda is engaged in the business of manufacturing of auto components including auto electrical parts and its accessories and caters to both domestic and international markets.

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