NSE: LUMAXIND | BSE: 517206

Strong Performer, Under Radar

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2483.10 51.10 (2.10%)

26.69% Gain from 52W Low

2,217 NSE+BSE Volume

NSE 13 May, 2025 1:08 PM (IST)

2,321.1

Market Cap

Below industry Median

0.9

Beta 1Year

Low volatility

Lumax Industries Ltd. share price target and research reports

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

Latest analyst research reports with target prices and PDF download for LUMAXIND, BSE:517206 Lumax Industries Ltd.

Lumax Industries Ltd.

04 Jun 2016

2483.10

2.10%

Pick of the Week - Lumax Industries Ltd

Buy: Lumax Industries Ltd.

HDFC Securities

Buy Lumax Industries Ltd CMP at Rs. 525.95 and add on dips to Rs.465-485 for sequential targets of Rs. 640 & Rs. 778 in 2-3 quarters

Lumax Industries Ltd.'s price crossed above 50Day SMA today

Lumax Industries Ltd.

20 May 2016

2483.10

2.10%

EARNINGS UPDATE - LUMAX

Buy: Lumax Industries Ltd.

Target

Chola Wealth Direct

Background: Lumax Industries Ltd, incorporated in 1945 was set up in Delhi by S.C. Jain as a trading company under the name Globe Auto Industries. In 1956, Lumax setup manufacturing units for automotive lighting equipment and other components. In 1984, Lumax embarked on collaboration with Stanley Electric Co. Ltd., Japan and converted itself from private limited to public limited company. Company derives ~48% of sales from PV segment, 31% of sales from 2Ws, 7% from CVs and 13% from...

Lumax Industries Ltd. is trading above its 150 day SMA of 2389.0

Lumax Industries Ltd.

17 Feb 2016

2483.10

2.10%

EARNINGS UPDATE - LUMAX IND

Buy: Lumax Industries Ltd.

Chola Wealth Direct

Background: Lumax Industries Ltd (Lumax), incorporated in 1945 was set up in Delhi by S.C. Jain as a trading company under the name Globe Auto Industries. In 1956, Lumax setup manufacturing units for automotive lighting equipment and other components. In 1984, Lumax embarked on collaboration with Stanley Electric Co. Ltd., Japan and converted itself from private limited to public limited company. Company derives ~48% of sales from PV segment, 31% of sales from 2Ws, 7% from CVs and 13% from...

Lumax Industries Ltd.'s price crossed above 100Day SMA today

Lumax Industries Ltd.

11 Dec 2015

2483.10

2.10%

LUMAX IND - INITIATING COVERAGE

Buy: Lumax Industries Ltd.

Chola Wealth Direct

Lumax to be a key beneficiary of demand revival in PV segment Company operates in the niche segment of auto ancillary industry and features amongst India's top Auto lamp manufacturers having 55-60% market share in passenger vehicle segment. Close to 48% of its revenue is from PV segment. Passenger cars and UVs volumes grew by 3.9% in FY15 and set to witness a faster growth of 10.3% CAGR over FY15-FY18E on back of improvement in economic activity, low inflation level and interest rates, increased affordability, improved penetration from rural and Semi urban areas, and easing commodity prices. According to Confederation of Indian Industry (CII), the Indian auto ancillary industry is set to become the third largest in the world by 2025. Indian auto...

Lumax Industries Ltd.'s price crossed above 50Day SMA today

Is Lumax Industries Ltd. worth buying?

42 Votes:

Buy 85.71%

Sell 9.52%

Hold 4.76%