Lumax Auto Technologies Adjusts Evaluation Amid Strong Financial Performance and Growth Trajectory
Lumax Auto Technologies has recently experienced a change in its evaluation, coinciding with strong financial results. The company reported a 42.68% increase in net sales and a 31.47% rise in profit after tax. Its solid performance metrics highlight a healthy growth trajectory and investor confidence.
Lumax Auto Technologies has recently undergone an adjustment in evaluation, reflecting a shift in its technical grade. The company operates within the Auto Components & Equipment industry and has demonstrated notable performance metrics. In the latest quarter, Lumax Auto Technologies reported a significant increase in net sales, reaching Rs 2,159.25 crore, which translates to a growth rate of 42.68%. Additionally, the company achieved a profit after tax (PAT) of Rs 99.80 crore, marking a growth of 31.47%. These figures underscore the company's robust financial health, supported by a high return on capital employed (ROCE) of 19.74% and a low debt-to-EBITDA ratio of 0.71 times, indicating strong debt servicing capabilities.
Over the past year, Lumax Auto Technologies has consistently outperformed the BSE500 index, generating a return of 127.69%. The stock has also shown impressive long-term performance, with a three-year return of 348.45%. Furthermore, institutional holdings stand at 23.35%, reflecting confidence from larger investors.
This evaluation adjustment comes amid a backdrop of positive financial results and a healthy growth trajectory for the company.
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
Most Read
