Latest news with #UnoMindaLtd
Mint
3 days ago
- Business
- Mint
Top three stocks to buy today—recommended by Ankush Bajaj for 17 July
On Wednesday, the Indian stock market closed on a marginally positive note. Benchmark indices managed to inch into the green after a day marked by choppy movements and selective sectoral strength. Despite early weakness, investor confidence in defensives and specific value-led sectors helped the indices stabilize and end the session with marginal gains. Top 3 Stocks Recommended by Ankush Bajaj for 17 July Buy: PG Electroplast Ltd (PGEL) — Current Price: ₹828.00 Buy: Dixon Technologies Ltd — Current Price: ₹16,099.00 Buy: Uno Minda Ltd — Current Price: ₹1,119.50 Why it's recommended: Uno Minda Ltd is on the verge of breaking out to fresh lifetime highs, backed by strong technical confirmation. The daily RSI is at 68, highlighting robust bullish strength that remains sustainable in the short term. On lower timeframes, the stock has broken out from the upper channel of a triangle pattern, which is a classic continuation setup suggesting that momentum traders are stepping in for further upside. If the stock holds above the breakout zone, it is well placed to test levels around ₹1,150 and higher. Key metrics: Breakout zone: Breakout from the upper channel of a triangle pattern on lower timeframes. Pattern: Triangle breakout indicating a push toward new highs. RSI: Firmly bullish at 68 on daily charts. Technical analysis: Strong price action and pattern confirmation indicate the stock can extend its rally toward ₹1,150– ₹1,155 if the market supports the breakout. Risk factors: A close below ₹1,102 would invalidate this breakout and could lead to a quick pullback. Traders should keep a disciplined stop-loss and manage risk proactively. Buy at: ₹1,119.50 Target price: ₹1,150– ₹1,155 Stop loss: ₹1,102.00 Market Wrap On Wednesday, July 16, 2025, the Indian stock market closed on a slightly positive note on Wednesday, July 16, 2025, as benchmark indices managed to inch into the green after a day marked by choppy movements and selective sectoral strength. Despite early weakness, investor confidence in defensives and specific value-led sectors helped the indices stabilize and end the session with marginal gains. TheNifty 50 ended the day at 25,212.05, rising slightly by16.25 points or 0.06%, while theBSE Sensex added 63.57 points or 0.08% to settle at 82,634.48. The Bank Nifty also closed on a flattish but positive note, up 14.20 points or 0.02%, at 57,246.80, helped by late buying in key financial names. Sectorally, the market remained mixed. The Metal sector declined by0.54%,Healthcare fell by0.34%, andPharma edged down by0.32%, reflecting some profit-taking in high-beta counters. However, other segments offered strong support. ThePSU Bank index led the recovery with a sharp1.81% gain, followed byRealty at0.50%, andFMCG at0.45%, helping balance the session's tone. On the stock-specific front,M&M was the standout performer with an impressive rally of4.76%, whileWipro andSBI gained2.76% and2.67%, respectively, boosted by continued institutional interest and sectoral momentum. Meanwhile, select heavyweights saw profit-booking Finance slipped2.35%,Eternal declined1.54%, andSun Pharma fell1.53%, indicating caution in stocks that had recently run up. Nifty Technical Analysis Daily & Hourly The Nifty ended Tuesday's session (16 July) on a flat note, closing at 25,212.05, up just 16.25 points or 0.06 percent. The index managed to hold above the psychological 25,200 mark but showed no strong follow-through buying, which highlights the ongoing indecision in the market. Technically, the index continues to hover between key moving averages — it is now trading above the 40-day EMA at 25,038 but still remains below the 20-day simple moving average at 25,309. This setup indicates that while immediate downside pressure has eased, the bounce still needs to clear the 20-DMA to neutralise the recent weakness and shift the short-term bias back to neutral. On the hourly chart, the index is trading above its short-term 20-hour SMA at 25,152 but is yet to decisively clear the 40-hour EMA at 25,234. This means the 25,200 to 25,250 zone continues to act as an immediate supply area, and only a firm close above the 40-hour EMA and the 20-day moving average can trigger further short covering and push the index toward 25,350. Momentum signals remain mixed and reflect this indecision. On the daily timeframe, the RSI is at 51, which is slightly positive but still neutral, while the hourly RSI has slipped to 49, showing mild hesitation in the intraday trend. The daily MACD stays positive at 86, indicating that the medium-term trend has not turned outright negative yet, but the hourly MACD remains negative at –12, which shows that short-term momentum is still lacking strength. Options data paints a cautiously improving picture. The total call open interest stands at 17.64 crore while Put OI is at 14.14 crore, leaving a net difference of –3.50 crore, which keeps the overall tone slightly bearish. However, the intraday changes hint at stabilisation as Put OI rose by 1.56 crore while Call OI rose by 1.08 crore, resulting in a positive net change difference of about 47 lakh — a sign of fresh Put writing and some resistance emerging near 25,250. The maximum Call OI remains at the 25,500 strike, suggesting stiff resistance overhead, while the largest addition in Calls was seen at 25,250, reinforcing that this level is the immediate hurdle to watch. On the downside, the maximum Put OI and the highest Put additions are clustered around 25,200 to 25,150, underlining this zone as an important near-term support. Meanwhile, India VIX fell further by 2.09 percent to 11.24, showing that volatility remains contained and the bounce has been orderly so far. The Put-Call Ratio has improved slightly to 0.80, still below 1, indicating a cautious stance but a mild improvement in sentiment compared to the previous session. In summary, the Nifty's short-term structure stays rangebound and somewhat vulnerable unless it sustains a decisive close above 25,250 to 25,300. A breakout above the 20-DMA at 25,309 and the 40-hour EMA at 25,234 could open the way for the index to move toward 25,350 or even 25,500. On the flip side, 25,200 and 25,000 remain the critical support levels, and a break below these could invite fresh selling pressure toward 24,800. Until a clear breakout unfolds, traders should watch for acceptance or rejection around the 25,250 to 25,300 zone and maintain strict stop-losses if trading against the trend. Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Hindustan Times
14-06-2025
- Automotive
- Hindustan Times
Uno Minda launches dual-port USB charging accessory for motorcycles
The Uno Minda Dual port USB Charger is priced at ₹194 Check Offers One of the leading automotive component makers, Uno Minda, has launched a dual-port USB charger accessory for motorcycles, priced at ₹ 194. The new accessory brings added convenience for riders, especially on longer journeys, wherein you may have multiple devices to charge. This should be particularly helpful for those carrying a mobile phone and a navigation device or action cam, which need to be charged on the fly. Uno Minda Dual-Port USB Charger For Motorcycles The dual-port USB charger can be mounted on the handlebar, making it easier to access. The fast charger is designed to operate at peak output of 30W /2.4A, and is compatible with BS6 standards, offering a standardised and dependable solution for the modern two-wheelers. Also Read : Qubo Dashcam Pro 3K (Starvis 2) review: A digital partner you can rely on roads Commenting on the launch, Anand Kumar, Head of Sales & Marketing, Aftermarket, Uno Minda Ltd, said, "Our new dual-port USB mobile phone chargers are built with rider comfort and efficiency in mind. With fast-charging capabilities, they offer a seamless experience for bikers who are always on the move. Crafted using premium-grade ABS (Acrylonitrile Butadiene Styrene), a durable thermoplastic polymer, these chargers offer superior hardness, impact resistance, and weatherproof reliability, making them perfect for Indian riding conditions." Uno Minda Dual-Port USB Charger Availability The dual-port USB charger for motorcycles comes with a one-year warranty, and the manufacturer promises a robust build quality. The company is retailing the charging accessory across multiple e-commerce platforms, including Amazon, Flipkart, and the brand's website, Uno Minda Kart. It will also be available in select retail stores nationwide. Uno Minda's dual-port USB charger competes in a highly contested space with a host of other players. Buyers have multiple options to choose from, including local and international accessory makers. Make sure to look for products that suit your needs and are compatible with your devices. Check out Upcoming Bikes In India. First Published Date: 14 Jun 2025, 12:57 PM IST
Time of India
11-06-2025
- Automotive
- Time of India
Uno Minda launches dual-port USB fast chargers for 2Ws in aftermarket
Uno Minda Ltd, a leading Tier 1 supplier of proprietary automotive solutions, has announced the launch of its latest innovation for India's rapidly evolving two-wheeler segment—dual-port USB mobile phone fast chargers mounted on handlebars. The new product is aimed at improving on-the-go connectivity and convenience for bikers, addressing one of the most common road challenges: phone battery drain. With smartphones now integral to navigation, communication, and ride tracking, the lack of efficient charging solutions on two-wheelers has often been a pain point. While car users benefit from built-in USB ports, bikers have traditionally had limited options.. 'Our new dual port USB mobile phone chargers are built with rider comfort and efficiency in mind,' said Anand Kumar, Head of Sales & Marketing (Aftermarket), Uno Minda Ltd. 'With fast-charging capabilities and rugged construction, they're designed to meet the needs of modern bikers who rely heavily on mobile connectivity.' Features Uno Minda's dual USB charging solution brings OEM-grade performance to the aftermarket, allowing riders to power up their devices without the need for external power banks or mid-journey stops. Built using high-quality ABS (Acrylonitrile Butadiene Styrene), the chargers are weatherproof and impact-resistant—ideal for Indian road and climate conditions. The handlebar-mounted charger supports a peak output of 30W/2.4A and complies with BS6 standards, offering a reliable, standardised solution across a wide range of two-wheeler models. Priced competitively at ₹194, the chargers come with a 1-year warranty and are now available on Amazon, Flipkart, Uno Minda Kart, and major offline retailers across India.>
Economic Times
21-05-2025
- Automotive
- Economic Times
Uno Minda Q4 Results: Profit declines 4% to Rs 289 crore
Auto components maker Uno Minda Ltd on Wednesday reported a 4 per cent decline in consolidated net profit to Rs 289.24 crore in the fourth quarter ended March 31, 2025, impacted by exceptional item gains in the year-ago period. The company had posted a consolidated net profit of Rs 301.72 crore in the corresponding period of the previous fiscal, Uno Minda Ltd said in a regulatory filing. ADVERTISEMENT Consolidated revenue from operations in the fourth quarter stood at Rs 4,528.32 crore as against Rs 3,794.02 crore in the year-ago period, it added. The company had registered an exceptional gain of Rs 26.62 crore in the fourth quarter of the previous fiscal, it said. Total expenses in the quarter under review were higher at Rs 4,207.1 crore compared to Rs 3,501.22 crore in the same period a year ago. The board has approved and declared a final dividend of Rs 1.50 per share, Uno Minda said. In 2024-25 fiscal, consolidated net profit was at Rs 1,020.57 crore as against Rs 924.71 crore in 2023-24, the company said. ADVERTISEMENT Consolidated revenue from operations in FY25 stood at Rs 16,774.61 crore as compared to Rs 14,030.89 crore in FY24, it added. "We continue to deliver strong quarterly and annual performance, with full-year revenue growing by 20 per cent. This growth was broad-based across key segments such as switches, lighting, alloy wheels, and emerging technologies like sensors, ADAS, and EV products, and was further supported by the successful commissioning of four major expansion projects," Uno Minda Group CFO Sunil Bohra said. ADVERTISEMENT Looking ahead, he said, "With around 12 new capacity expansion projects currently underway, we remain confident in sustaining our growth momentum and creating long-term value." Uno Minda said its board considered to take enabling authorisation from shareholders for fundraising up to Rs 2,500 crore through the issue of securities, including foreign currency convertible bonds and other financial instruments by way of a public or private placement, including QIP in one or more tranches, during one year from the date of passing of special resolution by shareholders. ADVERTISEMENT The fund is to be utilised for the company's growth strategy and to augment the long-term resources to meet funding requirements of business activities and general corporate and other purposes, the filing said. The board has also approved consolidation and shifting of two-wheeler lighting manufacturing plants located at Bahadurgarh and Sonipat to a new location at Kharkhoda, Haryana. ADVERTISEMENT The new manufacturing facility is being set up to meet the continuous increase in the demand from OEMs and will also avoid the efficiency loss, Uno Minda said, adding the new plant is expected to commence operations from Q4, 2026-27. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
21-05-2025
- Automotive
- Time of India
Uno Minda Q4 Results: Profit declines 4% to Rs 289 crore
Auto components maker Uno Minda Ltd on Wednesday reported a 4 per cent decline in consolidated net profit to Rs 289.24 crore in the fourth quarter ended March 31, 2025, impacted by exceptional item gains in the year-ago period. The company had posted a consolidated net profit of Rs 301.72 crore in the corresponding period of the previous fiscal, Uno Minda Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 4,528.32 crore as against Rs 3,794.02 crore in the year-ago period, it added. The company had registered an exceptional gain of Rs 26.62 crore in the fourth quarter of the previous fiscal, it said. Total expenses in the quarter under review were higher at Rs 4,207.1 crore compared to Rs 3,501.22 crore in the same period a year ago. The board has approved and declared a final dividend of Rs 1.50 per share, Uno Minda said. Live Events In 2024-25 fiscal, consolidated net profit was at Rs 1,020.57 crore as against Rs 924.71 crore in 2023-24, the company said. Consolidated revenue from operations in FY25 stood at Rs 16,774.61 crore as compared to Rs 14,030.89 crore in FY24, it added. "We continue to deliver strong quarterly and annual performance, with full-year revenue growing by 20 per cent. This growth was broad-based across key segments such as switches, lighting, alloy wheels, and emerging technologies like sensors, ADAS, and EV products, and was further supported by the successful commissioning of four major expansion projects," Uno Minda Group CFO Sunil Bohra said. Looking ahead, he said, "With around 12 new capacity expansion projects currently underway, we remain confident in sustaining our growth momentum and creating long-term value." Uno Minda said its board considered to take enabling authorisation from shareholders for fundraising up to Rs 2,500 crore through the issue of securities, including foreign currency convertible bonds and other financial instruments by way of a public or private placement, including QIP in one or more tranches, during one year from the date of passing of special resolution by shareholders. The fund is to be utilised for the company's growth strategy and to augment the long-term resources to meet funding requirements of business activities and general corporate and other purposes, the filing said. The board has also approved consolidation and shifting of two-wheeler lighting manufacturing plants located at Bahadurgarh and Sonipat to a new location at Kharkhoda, Haryana. The new manufacturing facility is being set up to meet the continuous increase in the demand from OEMs and will also avoid the efficiency loss, Uno Minda said, adding the new plant is expected to commence operations from Q4, 2026-27.
