Lumax Industries Ltd Share Price (LUMAXIND)

Lumax IndustriesLIL is an Indian auto component manufacturing company that produces automotive lighting systems for four-wheeler and two-wheeler vehicles. Established in 1949 as a trading concern, Lumax got into manufacturing activities in 1957 and now has four manufacturing units based out of Delhi, Faridabad, Gurgaon, and Pune. With renowned customers such as Tata, Ashok Leyland, Ford, and Bajaj, the company exports to markets in the Gulf, African, Southeast Asian and European countries. In 2016, Lumax invested ~Rs 120crore to set up a new automated state-of-the art design center in Taiwan, while in 2017-18, it inaugurated its 9th lighting manufacturing unit at Sanand, Gujarat. In 2020, the company has expanded its Sanand and Bangalore facilities with a total expenditure of ~Rs 140.20crore. Furthermore, in 2021 and 2022, the company invested ~Rs 120.70crore and ~115.76crore respectively into new projects. With commencement of the commercial production of automotive electronic components at Bawal, Haryana in 2022, Lumax has grown significantly and has become a go-to brand for auto component supplies.

Share Price: ₹2406.05 per share as on 29 Sep, 2023 11:24 AM
Market Capitalisation: ₹2,278.92Cr as of today
Revenue: ₹627.22Cr as on March 2023 (Q1 23)
Net Profit: ₹20.75Cr as on March 2023 (Q1 23)
Listing date: 20 Jun, 1995
Chairperson Name: Deepak Jain