About Company
Lumax Auto Technologies Limited set up its first plant in 1981 at Maharashtra manufacturing lighting products for two wheelers. Since then the Company has expanded organically and today manufactures a diversified range of products catering to two, three and four-wheeler segments along with its Subsidiaries and Associates.
Known as one of the few integrated auto component manufacturers in India, possessing robust R&D capabilities, technological prowess, design skills and manufacturing abilities, it is the sole domestic company with the competency to manufacture and supply gear levers for electric cars. At the end of 9M FY23, the net revenue of the company was Rs 1,354 Crore.
Its product portfolio includes 2-wheeler lighting, 2-wheeler Chassis and Swing Arm, 3-wheeler Trailing Arm, Gear Shifters, Transmission Products, Intake System, Integrated Plastic Modules, Oxygen Sensors, Seat Structures, Telematics Products & Services, Antenna Systems, Power Window Switches, Kinematic Components, Vehicle Interior Components & Systems and Aftermarket.
Share has performed very well during the last one and will continue to post robust results. Buy on dips and hold for long term.
CMP - 351
Year High - 362
Year Low - 151
Returns
1 MONTH - 3%
3 monthS - 16%
6 months - 41%
12 months 102%
Technicals - Moving Averages
20 DMA - 313
50 DMA - 302
100 DMA - 267
200 DMA - 261
Date 05 June 2023
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