1147.6000 12.40 (1.09%)
NSE Jul 11, 2025 15:31 PM
Volume: 74,572
 

1147.60
1.09%
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 Technologies Ltd. has gained 99.90% in the last 1 Year
More from Lumax Auto Technologies Ltd.
Recommended