New Delhi, Sept. 24 -- Minda Corporation share price jumped over 10% in early trade on Wednesday after the auto component maker unveiled its 'Vision 2030', targeting a three-fold jump in revenue in FY30. Minda Corporation shares rallied as much as 10.14% to Rs.588.35 apiece on the BSE.

Minda Corporation projects revenue growth from Rs.5,056 crore in FY25 to over Rs.17,500 crore in FY30. It has set a target to improve its EBITDA margin to 12.5% in FY30 from 11.4% in FY25, while reducing its debt-to-equity ratio to 0.3x from 0.6x over the same period. Return on Capital Employed (RoCE) is expected to rise to over 25% by FY30 from 20% in FY25.

To support its growth, Minda Corporation has outlined capital expenditure of around Rs.2,000 crore...