Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Consequently, Lumax Industries Czech s.r.o became a wholly-owned subsidiary (WOS) of the company.

Lumax Industries acquires 100% stake in Czech Republic-based ‘Damberty Real’; stock soars ~3%

Investors interested in dividend stocks market should pay close attention to the shares of Pressman Advertising, Jubilant FoodWorks, Sundaram Finance, Onward Technologies, Titan Company Limited, Lumax Auto Technologies Limited, and Lumax Industries Limited as they will go ex-dividend tomorrow.

7 stocks to turn ex-dividend tomorrow: Check if you own any

Lumax Industries - Strong Revenue Growth; Margins To Inch Up: HDFC Securities

Lumax Industries surged 14.92% to Rs 1035 after the company’s consolidated net profit rose 49.74% to Rs 33.99 crore on 8.92% rise in net sales to Rs 549.37 crore in Q4 March 2022 over Q4 March 2021.

Lumax Inds spurts after Q4 PAT climbs 49% YoY to Rs 34 cr

Lumax Industries consolidated net profit rises 25.64% in the March 2022 quarter

Lumax Industries Ltd has filed a suit in Delhi High Court seeking to restrain Hindustan Auto Industries Ltd in relation to a dispute on purported trademark infringement and device marks.

Lumax Industries moves Delhi HC over trademark infringement dispute

CD Equisearch is bullish on Lumax Industries recommended buy rating on the stock with a target price of Rs 1178 in its research report dated March 31, 2022.

Buy Lumax Industries: target of Rs 1178: CD Equisearch

The Company has shifted its entire operations of Manesar Plant to its Electronics Plant situated at Bawal, Haryana.

Lumax Industries shifts operations of Manesar Plant to electronics plant at Bawal

The new manufacturing plant at Bawal will produce electronic components for automotives.

Lumax Industries spurts 6% after commencing commercial operations of Electronic Plant in Haryana

Lumax Industries jumped 5.35% to Rs 1,220.80 after the company commenced its commercial production of electronic components for automotives, at its new manufacturing plant situated at Bawal (Haryana) on Wednesday, 12 January 2022.

Lumax Industries spurts on commencement of commercial production in Bawal from Jan. 12

Shares of Sona BLW Precision, Minda Industries, Suprajit Engineering, Jamna Auto, and Minda Corp have rallied between 10% and 30% in the past month. Lumax Industries, Wabco India, and Lumax Auto gained between 5% and 10%. The benchmark Nifty declined nearly 4% during this period.

When auto revs up, parts makers not far behind

Lumax Industries Limited is engaged in the business of manufacture of various types of automotive lighting equipment.

Lumax Industries Ltd

Lumax Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Lumax Industries acquires 100% stake in Czech Republic-based ‘Damberty Real’; stock soars ~3%

7 stocks to turn ex-dividend tomorrow: Check if you own any

Lumax Industries - Strong Revenue Growth; Margins To Inch Up: HDFC Securities

Lumax Inds spurts after Q4 PAT climbs 49% YoY to Rs 34 cr

Lumax Industries consolidated net profit rises 25.64% in the March 2022 quarter

Lumax Industries moves Delhi HC over trademark infringement dispute

Buy Lumax Industries: target of Rs 1178: CD Equisearch

Lumax Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Lumax Industries acquires 100% stake in Czech Republic-based ‘Damberty Real’; stock soars ~3%

7 stocks to turn ex-dividend tomorrow: Check if you own any

Lumax Industries - Strong Revenue Growth; Margins To Inch Up: HDFC Securities

Lumax Inds spurts after Q4 PAT climbs 49% YoY to Rs 34 cr

Lumax Industries consolidated net profit rises 25.64% in the March 2022 quarter

Lumax Industries moves Delhi HC over trademark infringement dispute

Buy Lumax Industries: target of Rs 1178: CD Equisearch

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock