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•4 min read•
✦Reported by Business Standard

Uno Minda zooms 26% in November, stock nears record high; here's why

Uno Minda zooms 26% in November, stock nears record high; here's why
Source: Business Standard

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Uno Minda’s share price hit a 52-week high of ₹1,367.50, gaining 4% on the NSE in Monday’s intraday deals.
  • ✓The stock rallied 26% in November, outperforming the Nifty Auto index.
  • ✓Strong quarterly results, including record revenue and profit, drove this growth.

Story at a Glance

Category
Indian Markets
Reported By
Business Standard
Reading Speed
4 Minute(s)
Market Focus
India Economy

Uno Minda's share price hit a 52-week high of ₹1,367.50, gaining 4% on the NSE in Monday's intraday deals.

Share price of Uno Minda surged 4% to ₹1,367.50 on the NSE.

Deepak Korgaonkar Mumbai

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Uno Minda share price movement

Uno Minda’s share price hit a 52-week high of ₹1,367.50, gaining 4 per cent on the National Stock Exchange (NSE) in Monday’s intraday deals in an otherwise tepid market. Thus far in November, the stock price of the auto parts & equipments company rallied 26 per cent, against a 8 per cent rise in the Nifty Auto index.

At 01:00 PM, Uno Minda quoted 3.5 per cent higher at ₹1,362.90 on the NSE, compared to a 0.24 per cent decline in the Nifty 50. The stock quoted close to its record high of ₹1,381.95 on the NSE.

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