{"id":115537,"date":"2023-12-14T11:57:52","date_gmt":"2023-12-14T06:27:52","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115537"},"modified":"2023-12-14T12:37:00","modified_gmt":"2023-12-14T07:07:00","slug":"stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/","title":{"rendered":"Stock jumps after it commissions a new automotive seating system plant for passenger cars"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-252493030\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2484793603\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Uno Minda Ltd is a mid-cap stock with a market capitalization of Rs 37,924 crore. while company shares have gained 17 percent in the last six months and 21 percent in the last year.&nbsp;<\/p><p>The Company has commissioned its new automotive seating systems plant under subsidiary Uno Minda TACHI-S Seating Private Limited (\u201cUMTS\u201d) in Bhagapura, Ahmedabad, Gujarat.&nbsp;<\/p><p>The plant will produce mechanical parts for passenger automobile seats. UMTS has already received orders from OEMs and is anticipated to begin delivery in Q4 FY24. According to the company&#8217;s filing.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4212934035\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company earned a 25 percent revenue mix from switches in Q2 FY24, followed by a 23 percent revenue mix from lightning, a 21 percent revenue mix from castings, and an 8 percent revenue mix from the seat business.&nbsp;<\/p><p>Northern India accounts for 38 percent of the company&#8217;s sales, followed by 25 percent from the west, 21 percent from the south, and 16 percent from east India.&nbsp;<\/p><p>Switches, Horns, Lightings, Batteries, Filter, Indicator, Bulbs, RVMs, Braking, Shocks &amp; struts, and Accessories are among the 6,500+ SKUs available from the firm. The firm exports products to SAARC, ASEAN, the EU, Latin America, the Middle East, and Africa.&nbsp;<\/p><p>Recently, the business announced a new greenfield factory with a capacity of 120,000 flow-forming GDC alloy wheels per month, with a total capacity of 2.0 million projected for the 2W Alloy wheel plant in Supa.<\/p><p>The company reported strong revenue growth of 26 percent yearly, from Rs 2,877 crore in Q2FY23 to Rs 3,621 crore in Q2FY24. During the same period, the company&#8217;s net profit increased by 59 percent from Rs 182 crore to Rs 238 crore.&nbsp;<\/p><p>Uno Minda over the years has diversified across product divisions (Acoustics, Switches, Castings, Lighting, and others), segments (4Ws &amp; 2Ws), and geographies (International &amp; Domestic) and channels (replacement &amp; OEM).&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3835361047\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Uno Minda Ltd manufactures and supplies Automotive Solutions and systems to Original Equipment Manufacturers. The Company is a manufacturer of automotive switching systems, automotive lighting systems, automotive acoustics systems, automotive seating systems, and alloy wheels.&nbsp;<\/p><p>At the time of writing this report, Uno Minda shares were trading at Rs 661.40 per share, up 0.14 percent from the previous close price.&nbsp;<\/p><p><strong>Written by Omkar Chitnis<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3261012652\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.&nbsp; Uno Minda Ltd is a mid-cap stock with a market capitalization of Rs 37,924 crore. while company shares have gained 17 percent in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-115537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock jumps after it commissions a new automotive seating system plant for passenger cars - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps after it commissions a new automotive seating system plant for passenger cars\" \/>\n<meta property=\"og:description\" content=\"The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-14T06:27:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-14T07:07:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/\",\"name\":\"Stock jumps after it commissions a new automotive seating system plant for passenger cars - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg\",\"datePublished\":\"2023-12-14T06:27:52+00:00\",\"dateModified\":\"2023-12-14T07:07:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock jumps after it commissions a new automotive seating system plant for passenger cars\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stock jumps after it commissions a new automotive seating system plant for passenger cars - Trade Brains Features","description":"The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/","og_locale":"en_US","og_type":"article","og_title":"Stock jumps after it commissions a new automotive seating system plant for passenger cars","og_description":"The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-12-14T06:27:52+00:00","article_modified_time":"2023-12-14T07:07:00+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/","url":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/","name":"Stock jumps after it commissions a new automotive seating system plant for passenger cars - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg","datePublished":"2023-12-14T06:27:52+00:00","dateModified":"2023-12-14T07:07:00+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The share price of this leading auto component provider gained around 2 percent to Rs 674.05 per share after the company commissioned a new plant to manufacture automotive seats for passenger cars.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/auto.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/stock-jumps-after-it-commissions-a-new-automotive-seating-system-plant-for-passenger-cars\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Stock jumps after it commissions a new automotive seating system plant for passenger cars"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/115537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=115537"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/115537\/revisions"}],"predecessor-version":[{"id":115539,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/115537\/revisions\/115539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/104919"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=115537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=115537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=115537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}