Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns 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

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 Q2 Review - On The Recovery Path: Dolat Capital

Of Rs 450 crore capex that Lumax Group is looking for, about Rs 150 crore would be for building electronic competency and Rs 150 crore for brownfield capacity building. The rest would be dedicated to some joint ventures, says Deepak Jain, Chairman and MD, Lumax Industries.

Lumax Group Looks At Rs 450 Crore Capex In FY22-23

The company said, Q1FY22 operations were adversely affected; down by 38% from Q4FY21 due to the resurgence of COVID‐19.

Lumax Industries Q1FY22 revenue at Rs314cr; EBITDA margin at 2.7%

Automobile lighting major Lumax Industries has reported revenue of Rs 314 crore for Q1 FY22 as against Rs 78 crore in the same period of previous fiscal.In Q4 FY21, however, the revenue had totalled Rs 504 crore. The company reported consolidated earnings before interest, tax, depreciation…

Lumax Q1 revenue jumps four times to Rs 314 crore

Q4FY21 Revenue at Rs504cr, up by 30% yoy. EBITDA margin (excluding one-time impact of subsidy income of Rs12cr) at 10.6% for Q4FY21. Final Dividend declared at Rs7 per equity share.

Lumax Industries Q4 PAT rises 39% to Rs23cr in Q4FY21; Stock dips ~2%

Automobile lighting major Lumax Industries has reported revenue of Rs 504 crore for Q4 FY21 as against Rs 387 crore in the same period of previous fiscal, marking a 30 per cent increase

Lumax revenue up 30% at Rs 504 crore in Q4FY21; revenue drops 11%

Lumax Industries consolidated net profit rises 38.75% in the March 2021 quarter

The company expects peak annualized turnover to be approximately Rs150cr post-commissioning of the project.

Lumax Industries board nods CAPEX of Rs80cr to set-up new manufacturing unit in Gujarat; Stock zooms 3%

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

Returns 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 return on equity 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 spurts 6% after commencing commercial operations of Electronic Plant in Haryana

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

When auto revs up, parts makers not far behind

Lumax Industries Q2 Review - On The Recovery Path: Dolat Capital

Lumax Group Looks At Rs 450 Crore Capex In FY22-23

Lumax Industries Q1FY22 revenue at Rs314cr; EBITDA margin at 2.7%

Lumax Q1 revenue jumps four times to Rs 314 crore

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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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 spurts 6% after commencing commercial operations of Electronic Plant in Haryana

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

When auto revs up, parts makers not far behind

Lumax Industries Q2 Review - On The Recovery Path: Dolat Capital

Lumax Group Looks At Rs 450 Crore Capex In FY22-23

Lumax Industries Q1FY22 revenue at Rs314cr; EBITDA margin at 2.7%

Lumax Q1 revenue jumps four times to Rs 314 crore

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

Returns 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 return on equity 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