UNO Minda Stock Breaks Out from Symmetrical Triangle Formation with Target Above ₹1,400

1 min read     Updated on 06 Jan 2026, 06:28 AM
scanx
Reviewed by
Naman SScanX News Team
Overview

UNO Minda Ltd broke out from a symmetrical triangle pattern on daily charts, creating opportunities for short-term traders with targets above ₹1,400.00 levels. The stock hit ₹1,381.00 on October 7, 2025, but closed at ₹1,320.00 on January 2, 2026. Technical experts suggest the breakout opens room for the auto component stock to achieve fresh record highs in the coming weeks.

29206679

*this image is generated using AI for illustrative purposes only.

UNO Minda Ltd, operating in the auto component sector, has demonstrated significant technical momentum after breaking out from a symmetrical triangle pattern on daily charts last week. This breakout has created favorable conditions for potential upward movement in the stock price.

Technical Analysis and Price Targets

Technical experts suggest that short-term traders can consider buying opportunities in the stock, with potential targets above ₹1,400.00 levels expected in the next few weeks. The symmetrical triangle breakout pattern typically indicates strong momentum and potential for sustained price appreciation.

Recent Price Performance

The stock's recent performance shows both strength and consolidation phases:

Parameter: Details
Recent High: ₹1,381.00 (October 7, 2025)
Closing Price: ₹1,320.00 (January 2, 2026)
Pattern: Symmetrical Triangle Breakout
Target Level: Above ₹1,400.00

While the stock achieved a high of ₹1,381.00 on October 7, 2025, it failed to maintain the momentum at those levels. The subsequent consolidation and recent breakout from the symmetrical triangle formation suggests renewed buying interest.

Market Outlook

The technical breakout from the symmetrical triangle pattern has opened room for UNO Minda to move higher, potentially reaching fresh record highs. This development positions the stock favorably for traders seeking short-term opportunities in the auto ancillary segment.

The combination of technical pattern completion and sector positioning makes UNO Minda an interesting proposition for market participants focused on momentum-based trading strategies.

Historical Stock Returns for UNO Minda

1 Day5 Days1 Month6 Months1 Year5 Years
-3.66%-1.23%-0.19%+16.11%+19.78%+551.78%
UNO Minda
View in Depthredirect
like16
dislike

Uno Minda Subsidiary MI Torica Receives GST Order Demanding ₹25.10 Lakh for FY 2019-20 Issues

1 min read     Updated on 05 Jan 2026, 06:04 PM
scanx
Reviewed by
Suketu GScanX News Team
Overview

Uno Minda Limited disclosed that its subsidiary MI Torica India Pvt. Ltd. received a GST order demanding ₹25.10 lakh from the Assistant Commissioner of Central GST, Gurugram for excess input tax credit and RCM tax liability issues related to FY 2019-20. The subsidiary plans to contest the order, and the parent company expects no material impact on operations.

29162060

*this image is generated using AI for illustrative purposes only.

Uno Minda Limited has disclosed that its subsidiary MI Torica India Pvt. Ltd. received a GST order demanding ₹25.10 lakh for alleged violations related to the financial year 2019-20. The disclosure was made under Sub-Para 20 of Para A of Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

GST Order Details

The order was issued by the Office of the Assistant Commissioner of Central Goods & Service Tax, Division West 1, Gurugram Commissionerate and was received by MI Torica on January 05, 2026 around 10:00 A.M. (IST). The order addresses issues related to excess input tax credit availed and RCM tax liability not discharged on ocean freight for the financial year 2019-20.

Component: Amount (₹)
Tax: 10,55,706
Interest: 3,99,013
Penalty: 10,55,706
Total Demand: 25,10,425

Company's Response and Impact Assessment

MI Torica India Pvt. Ltd. intends to contest the GST order based on the merits of the case. The parent company, Uno Minda Limited, has stated that it does not foresee any material impact on its financial, operational, or other activities as a result of this order.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations requiring listed entities to inform stock exchanges about significant orders or actions taken by regulatory authorities against the company or its subsidiaries. The communication was addressed to both the National Stock Exchange of India Ltd. and BSE Ltd., with reference number Z-IV/R-39/D-2/174 & 207 dated January 05, 2026.

The disclosure was signed by Tarun Kumar Srivastava, Company Secretary & Compliance Officer of Uno Minda Limited, from the company's Manesar, Gurugram location.

Historical Stock Returns for UNO Minda

1 Day5 Days1 Month6 Months1 Year5 Years
-3.66%-1.23%-0.19%+16.11%+19.78%+551.78%
UNO Minda
View in Depthredirect
like20
dislike
More News on UNO Minda
Explore Other Articles
NHPC Board Approves ₹2,000 Crore Bond Issuance for FY 2025-26 Borrowing Plan 15 minutes ago
Taylormade Renewables' ₹66.75 Crore Preferential Warrant Issue Falls Through Due to Non-Receipt of Subscription Money 16 minutes ago
Reliance Industries Schedules Board Meeting for January 16, 2026 to Approve Q3FY26 Financial Results 15 minutes ago
Reliance Industries Limited Schedules Board Meeting for January 16, 2026 to Review Q3FY26 Financial Results 27 minutes ago
Trom Industries Secures Major Order Worth ₹25.8 Crores 18 minutes ago
Devyani International Completes Sale of 51% Stake in Peanutbutter and Jelly Private Limited 20 minutes ago
1,270.00
-48.20
(-3.66%)