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Uno Minda’s passenger vehicle seating systems push adds a new growth engine
Investors will track if passenger vehicle seating could gain scale similar to Uno’s castings or lighting businesses that contributed 19% and 22%, respectively, to FY26 revenues.
Nomura retains 'buy' on Uno Minda amid expansion plans, sees 33% upside
The company had been manufacturing seat recliners since 2022, but is now expanding to manufacture complete seating systems.
Uno Minda shares in focus as firm enters 4-wheeler seating systems segment with Rs 320-crore capex
Uno Minda is expanding into four-wheeler passenger vehicle seating systems. A new manufacturing facility will be established in Maharashtra. This facility represents a significant capital expenditure for the company. Operations are expected to begin in the fourth quarter of FY28. The company has secured an anchor order from a leading OEM.
Uno Minda to invest Rs 320 cr in new plant for four-wheeler PV seating systems
Uno Minda will invest Rs 320 crore in a new manufacturing facility. This plant will enter the four-wheeler passenger vehicle seating systems segment. The facility in Maharashtra is expected to begin operations by Q4FY28. This strategic move aims to increase per-vehicle value potential significantly. The project is a joint venture with Japan's TACHI-S Company Ltd.
Uno Minda to invest ₹320 crore in Maharashtra plant for passenger vehicle seating systems
Shares of UNO Minda Ltd ended at ₹1,127.30, down by ₹9.30, or 0.82%, on the BSE.
Supriya Lifescience Ltd leads losers in 'A' group
PC Jeweller Ltd, Zensar Technologies Ltd, Ola Electric Mobility Ltd and Apollo Micro Systems Ltd are among the other losers in the BSE's 'A' group today, 06 July 2026.
Next stop: Ad break? DMRC plans in-train audio ads on 4 metro lines
Delhi Metro is set to introduce in-train audio advertisements on its Red, Yellow, Blue, and Magenta lines to boost revenue. This move aims to transform trains into a premium advertising platform, mirroring global transit systems. Advertisements will be aired only during silent intervals between essential passenger announcements, ensuring information flow remains uninterrupted.
Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in Punjab
Tata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Punjab to adopt rooftop solar systems with zero upfront cost. This initiative aims to install 200 megawatts of solar capacity over three years, allowing businesses to repay through savings-based EMIs or lease rentals.
Five Stocks To Buy On July 3: Coforge, Ather Energy, Persistent Systems, And More
Five Stocks To Buy
Stocks to Watch today: Adani Enterprises, Tata Motors PV, BPCL, Coal India
Stock to Watch today, July 3: Hindustan Zinc, Bajaj Housing Finance, LG Electronics India, PB Fintech, and Titagarh Rail Systems are among the top stocks to remain in focus today
IBM to set up one of India's first quantum computers in Amaravati by September 2026
Amaravati is set to become a major hub for quantum computing in India, with IBM announcing plans to install one of its advanced quantum systems there by September 2026. This move, driven by India's strong talent pool, aims to unlock significant commercial advantages across various sectors. The initiative aligns with Andhra Pradesh's vision to establish itself as a leading quantum technology center, fostering research and innovation.
In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shopping
Indian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. This is aimed at bolstering AI capabilities, expanding market reach and accelerating growth. Companies like Persistent Systems are leveraging significant financing for strategic takeovers, reflecting a broader industry trend.