Last one week high and low of the scrip stood at Rs. 1865.00 and Rs. 1785.00 respectively. The current market cap of the company is Rs. 1685.21 crore. The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 1.86% and 23.14% respectively.
Lumax Industries has acquired assets (including Plant & Machineries, Allied Infrastructures and Capital work in progress) for manufacturing of PCB’s for Rs 22.45 crore. The company has also acquired unsold inventory at Rs 23.94 crore. Both have been acquired from Lumax Auto Technologies. The Board of Directors of the company at its meeting held on April 05, 2019 has approved the same.
Lumax Industries offers a wide array of complete automobile lighting systems and solutions, which includes; stellar quality Head Lamps and Tail Lamps, Sundry and Auxiliary Lamps and other related products.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
