1135.2000 12.60 (1.12%)
NSE Jul 10, 2025 15:41 PM
Volume: 84,383
 

1135.20
1.12%
HDFC Securities
Maintain BUY with TP Rs 245(18xSept-20) vs 216 earlier Lumax Autotech (LATL) experienced strong growth in Revenue and PAT in 2Q. Revenue jumped 37% YoY to Rs. 3.67bn led by strong growth in Lighting, SMT, Sheet Metal and Aftermarket business. Besides this, richer product mix and operating leverage benefits, added up to EBITDA (+40% YoY at Rs 353mn) of the company and contributed significantly in APAT (+76% YoY, excluding exceptional items of Rs. 53mn towards impairment of assets for Exhaust business).
Lumax Auto Technolog.. has an average target of 758.50 from 2 brokers.
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