Risk factor
Poor trading liquidity
Profitability factor
Favourable analyst view
About
Lumax Industries Limited, a company headquartered in Gurugram, India, and established in 1945, specializes in the production, trade, and supply of various automotive components. It provides parts for a broad spectrum of vehicles, encompassing two- and three-wheelers, passenger cars, commercial vehicles, and agricultural machinery, serving both the Indian domestic market and international clientele. A core part of its product portfolio comprises comprehensive automotive lighting solutions, including primary headlamps, rear/tail lamps, advanced LED lighting, and various supplementary illumination units. The firm primarily serves original equipment manufacturers (OEMs) within the automotive industry.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of LUMAXIND.NS is 6793 and suggests 31.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation