The Income Tax Department is conducting raids at Lux Industries over the allegation of tax evasion worth Rs 200 crore in mutiple locations.

Income Tax Dept Conducts Raids On Lux Industries At Multiple Locations Over Rs 200 Crore Tax Evasion Allegation

Lux Industries Ltd is betting big on growing its mid-premium range under Lux Cozi into a ₹1,000-crore brand,

Lux Industries expecting good growth in mid-premium segment

Lux Industries posted revenue from operations at Rs 715.19 crore, up 21.9 per cent as against Rs 586.91 crore in the corresponding quarter of previous year.

Lux Industries’ Q4FY23 profit declines 57.7% at Rs 31.21 crore, revenue up 21.9% | The Financial Express

Lux Industries is currently present across 46 countries and plans are afoot to increase the count to 60 countries by 2025

Lux Industries sets eyes on expanding multi-channel footprint and exports

To increase the growth of the mens wear segment, Lux Industries has roped in Bollywood actress Jacqueline Fernandez to endorse the mens innerwear.

Lux Industries to achieve turnover of Rs 1,000 crore by FY26

Lux Industries consolidated net profit declines 58.17% in the September 2022 quarter

“Lux Industries benefits from China plus one opportunity as they move to 46 countries, which is about 6% of their sales and that also should continue and increase the global footprint for the company. The company is also seeing good growth and good traction online and expects about Rs 1,000 crore of…

Neeraj Dewan decodes why this apparel stock could be a Dhamaka pick

Plans to foray into the kids segment in a big way

Lux Industries sees turnover growing by 12% this fiscal

Talking to ET, Saket Todi, executive director, Lux Industries said “To begin with we have roped in Sourav Ganguly, the former captain of Indian cricket team, as the brand ambassador for Lux Cozi. Mr Ganguly is a popular person in West Bengal and is well known nationally. Bringing him as a brand amba…

Lux draws up plans to increase turnover of flagship brand Lux Cozi to Rs 1,000 cr

Lux Venus with its product portfolio of drawers and vests has a strong presence in the market due to its high brand recall and currently enjoys a market share of 15-16% in the mens innerwear market, which is expected to double in the near short-term future. Contributing around 28% to the topline, Ve…

Lux Industries aims to double market share of its innerwear brand in India

Dilip Buildcon Ltd, IDFC First Bank Ltd, Linde India Ltd and Lux Industries Ltd are among the other gainers in the BSE’s ‘A’ group today, 04 July 2022.

Alembic Ltd leads gainers in ‘A’ group

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Lux Industries Limited is engaged in the business of manufacturing and sale of knitwear. Its brands include Lux Cozi, Lux Venus, Lux Karishma, Lux Touch, Lux Bigshot and Lux Classic.