ICICI Direct: Minda Industries Firmly Placed, Recent Sharp Run Up Limits Upside

Minda reported an operating loss in Q1 FY21 as employee costs and other expenses rose as a percentage of sales, ICICI Direct says.

ICICI Direct

25 Aug 2020, 06:19 PM IST

An employee works on an auto part at a facility in Maharashtra. (Photographer: Udit Kulshrestha/Bloomberg)

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ICICI Direct: Minda Industries Firmly Placed, Recent Sharp Run Up Limits Upside

Minda reported an operating loss in Q1 FY21 as employee costs and other expenses rose as a percentage of sales, ICICI Direct says.

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