Lumax Industries Ltd. News and Updates

Name: Latest research reports of Lumax Industries Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Lumax Industries Ltd.
Rating: 5
Author: Axis Direct

Keep track of all breaking news on Lumax Industries Ltd. from all sources in a single place.

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Lumax Industries Ltd.

10 Aug 2021

2323.00

-1.36%

Result Update:Lumax Industries

Buy: Lumax Industries Ltd.

Target

Axis Direct

We retain a BUY with a target price revised to Rs 1616 (earlier Rs 1741), implying an upside of 10% from CMP.

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

17 Jun 2021

2323.00

-1.36%

Lumax Industries Ltd - Result Update Q4FY21

Buy: Lumax Industries Ltd.

Target

Edelweiss

Lumax Industries (LUMAX) reported healthy top line growth of 30% YoY/10% QoQ to INR504cr in Q4FY21, while EBITDA grew 48% YoY/4% QoQ to INR50cr.

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

17 Jun 2021

2323.00

-1.36%

Result Update:Lumax Industries

Buy: Lumax Industries Ltd.

Target

Axis Direct

We expect the company to report Revenues/PAT at a CAGR of 8%/12% over FY20-23E. We retain BUY with a target price of Rs 1741, implying an upside of 11%.

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

16 Jun 2021

2323.00

-1.36%

EARNINGS UPDATE-LUMAX INDUSTRIES 4QFY21

Buy: Lumax Industries Ltd.

Target

Chola Wealth Direct

Background: Lumax Industries, part of DK Jain group, is the largest automotive lighting company in India. It manufactures Head lamps, Tail lamps, Sundry & Auxiliary lamps. Lumax has technological & financial collaboration with Stanley Electric of Japan. Stanley holds 37.5% in Lumax Industries and is its largest shareholder. Lumax provides high quality automotive lighting solutions for four wheelers, two wheelers, CVs & Tractors. It has 27 manufacturing locations across...

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

14 Jun 2021

2323.00

-1.36%

Lumax Inds Standalone March 2021 Net Sales at Rs 504.39 crore, up 30.24% Y-o-Y

Moneycontrol

NULL

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

12 Jun 2021

2323.00

-1.36%

Lumax revenue up 30% at Rs 504 crore in Q4FY21; revenue drops 11%

Business Standard

Automobile lighting major Lumax Industries has reported revenue of Rs 504 crore for Q4 FY21 as against Rs 387 crore in the same period of previous fiscal, marking a 30 per cent increase

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

24 Feb 2021

2323.00

-1.36%

Lumax Industries - Company Update - Strength in diversity

Buy: Lumax Industries Ltd.

Target

Monarch Networth Capital Limited

We retain our BUY rating with a revised TP of Rs1,790 as we remain confident of Lumax Industries' (LMXI) well-diversified client mix and strong backing of Stanley. While 3QFY21 revenue lagged the industry production growth by a whisker, we think that that accounts like Tata Motors and Hero MotoCorp (HML), which are displaying strong growth, should offset any decline arising from an unfavourable model mix. LMXI is not facing any semiconductor issues due to Stanley's global support and this auger well for the company. We stick to our view that LMXI being...

Lumax Industries Ltd. is trading below all available SMAs

Lumax Industries Ltd.

22 Feb 2021

2323.00

-1.36%

EARNINGS UPDATE- LUMAX INDUSTRIES 3QFY21

Buy: Lumax Industries Ltd.

Target

Chola Wealth Direct

Background: Lumax Industries, part of DK Jain group, is the largest automotive lighting company in India. It manufactures Head lamps, Tail lamps, Sundry & Auxiliary lamps. Lumax has technological & financial collaboration with Stanley Electric of Japan. Stanley holds 37.5% in L umax Industries and is its largest shareholder. Lumax provides high quality automotive lighting solutions for four wheelers, two wheelers, CVs & Tractor s. It has 27 manufacturing...