Lumax Industries shines on commencing commercial production of Electronic Components for automotives

Lumax Industries is currently trading at Rs. 1222.55, up by 63.75 points or 5.50% from its previous closing of Rs. 1158.80 on the BSE.

The scrip opened at Rs. 1182.00 and has touched a high and low of Rs. 1248.00 and Rs. 1182.00 respectively. So far 3716 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1820.00 on 07-Jun-2021 and a 52 week low of Rs. 1120.00 on 11-Jan-2022.

Last one week high and low of the scrip stood at Rs. 1248.00 and Rs. 1120.00 respectively. The current market cap of the company is Rs. 1136.40 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.89% and 24.11% respectively.

Lumax Industries has commenced its commercial production, of Electronic Components for automotives, at its new manufacturing plant situated at Bawal, Haryana on January 12, 2022.

Lumax Industries is a market leader in the Indian Automobile Lighting Business.

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