Risk factor
Poor trading liquidity
Profitability factor
Good margins and returns
About
Lumax Industries Limited manufactures, trades in, and supplies auto components for two and three wheelers, four wheelers, commercial and passenger vehicles, and tractors/farm equipment in India and internationally. The company offers automotive lighting systems, including head and rear/tail lamps, LED lamps, and sundry and other auxiliary lamps. It serves automotive original equipment manufacturers. Lumax Industries...
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of LUMAXIND.NS is 4155 and suggests 15% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation
