UNO Minda Ltd. Share Price

UNO Minda rebounds after retesting long-term support!

UNO Minda rebounds after retesting long-term support UNO Minda Limited (NSE: UNOMINDA) was trading around ₹1,284 on September 21 after rebounding from a recent breakout retest. The stock also retested its 200-day SMA, where buying interest emerged, strengthening the short-term technical structure. The Point & Figure chart has formed a Bullish 100% Pole from its 10-column moving average. The 1% Renko chart has also produced a Bullish Swing Engulfing pattern after retesting its 40-brick moving average. The combination of the 200-day SMA retest and bullish signals across Point & Figure and Renko charts gives the setup several independent technical reference points. The key question is whether the rebound develops into sustained follow-through. My view is that ₹1,280-₹1,285 is the important near-term zone. Holding this area would preserve the recent rebound structure. A break below the defined risk level would require reassessment.

Last Week—Highest Gainer—positive stocks

stocks highest gained last week * Stock cash segment Name Change % AVALON 2537.70 from 2230.00 13.80% ATGL 660.70 from 587.00 12.56% POONAWALLA 479.40 from 432.80 10.77% WELCORP 2660.10 from 2460.30 8.12% BBTC 1512.10 from 1399.40 8.05% CAPILLARY 484.05 from 448.95 7.82% *Stock Futures segment SUPREMEIND 3580.30 from 3344.40 7.05% UNOMINDA 1284.00 from 1205.00 6.56% RVNL 214.29 from 201.70 6.24% APLAPOLLO 2270.10 from 2148.50 605.66% ABCAPITAL 410.05 from 390.00 5.14% This stock has shown momentum on the positive side !

Uno Minda gains 6.5% after expansion plans

UNO Minda Ltd Surges 6.56%: ₹1,284 Level in Focus

UNO Minda closed at ₹1,284, gaining 6.56% in a strong recovery session. The sharp move came after the stock found support near the ₹1,190–₹1,205 zone. UNO Minda has shown a strong rebound from its recent correction, with today's price action indicating renewed buying interest. The stock has moved back above the ₹1,240–₹1,260 area, which was acting as an important resistance zone in the recent sessions. Technically, the stock is now trading above its short-term moving averages, improving the immediate price structure. The ₹1,260 area can now act as an important near-term support if the stock sustains above it. The next important resistance is around ₹1,320–₹1,330, which is close to the upper Bollinger Band and the previous price reaction zone. A sustained move above this zone can bring ₹1,390 into focus. On the downside, ₹1,260 is the first support, followed by the ₹1,205–₹1,195 zone. Holding these levels would keep the current recovery structure intact. The MACD is still showing some weakness on the displayed chart, so follow-through buying and price sustainability will be important after today's sharp rise. Traders should also watch whether the stock can hold above ₹1,260 instead of giving back a significant portion of today's gains. My View: The 6.56% up move has significantly improved the short-term price structure. ₹1,260 is now an important level to watch on the downside, while ₹1,320–₹1,330 is the immediate resistance zone. What to Watch Next: Sustaining above ₹1,260, price action around ₹1,320–₹1,330 and volume-supported continuation of the current recovery. Disclosure: This article represents my technical view based on price action and technical indicators and is for informational purposes only. It should not be considered investment advice. Investors should conduct their own research and consider their risk profile before taking any investment decision.

Uno Minda Plans ₹1,415 Crore Manufacturing Expansion

Uno Minda Approves ₹1,415 Crore Growth Capex

Uno Minda Ltd has approved incremental capital expenditure of ₹1,415 crore across four manufacturing projects, along with fundraising plans of up to ₹600 crore through non-convertible debentures (NCDs) and a revolving commercial paper limit of ₹500 crore. The projects include a ₹155 crore two-wheeler alloy wheel plant at Kharkhoda, Haryana, with annual capacity of 3.3 million units, including relocation of 2 million existing units from Supa, Maharashtra. The company currently has 8 million wheels per year capacity at around 70% utilisation, with 1.3 million units of incremental capacity to be added in phases and production targeted from Q4 FY28. A new ₹510 crore greenfield casting facility at Hosur, Tamil Nadu, will add 20,557 MT annually to the existing 13,255 MT capacity, which is currently operating at 100% utilisation, with production planned in phases from Q4 FY28 and consolidation of existing operations by Q1 FY29. The Bengaluru facility of Uno Minda Kyoraku Ltd will receive ₹80 crore for an expansion that adds 1.38 million units to its 3.28 million-unit capacity, currently at 91.9% utilisation, with production targeted for Q1 FY28. Separately, Toyoda Gosei South India Pvt Ltd will invest ₹670 crore in a Chhatrapati Sambhajinagar, Maharashtra facility for interior and exterior products, airbags, hoses and body sealing parts; its existing capacity is 4.5 lakh units at around 90% utilisation, with another 1.5 lakh units to be added in phases from Q4 FY29. The four projects will be funded through term loans and internal accruals, with capacity additions aimed at business growth and meeting customer demand.