Lumax Auto Technologies Shows Strong Growth Amid Shift in Market Sentiment
Lumax Auto Technologies has experienced a change in its technical outlook, now reflecting a mildly bullish sentiment. The company reported strong financial performance, with a 33.41% annual growth in net sales and a 79.18% increase in operating profit. Its management efficiency and institutional holdings further underscore its robust position in the market.
Lumax Auto Technologies has recently undergone an adjustment in evaluation, reflecting a shift in its technical outlook. The stock's technical trend has transitioned from bullish to mildly bullish, indicating a nuanced change in market sentiment. In terms of key financial metrics, Lumax Auto Technologies has demonstrated a robust performance in recent quarters. The company reported a significant annual growth rate in net sales of 33.41%, alongside an impressive operating profit growth of 79.18%. Over the past nine months, net sales reached Rs 3,064.85 crore, marking a growth of 36.47%, while profit after tax (PAT) stood at Rs 144.62 crore, reflecting a growth of 28.72%.
The company's management efficiency is highlighted by a high return on capital employed (ROCE) of 19.74%, and it maintains a low debt to EBITDA ratio of 0.71 times, showcasing its strong ability to service debt. Additionally, institutional holdings are notable at 23.35%, with a recent increase of 1.95% over the previous quarter, indicating confidence from larger investors.
Overall, Lumax Auto Technologies continues to exhibit healthy long-term growth and has outperformed broader market indices over various time frames.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
