Lumax Auto Technologies Achieves All-Time High Amid Strong Market Performance

Dec 30 2024 09:30 AM IST
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Lumax Auto Technologies has recently experienced a revision in its score, reflecting its strong market performance and position within the auto ancillary sector. The stock has been added to MarketsMojo's list, following impressive returns and consistent upward trends, significantly outperforming the broader market indices.
Lumax Auto Technologies has recently achieved a significant milestone, reaching an all-time high of Rs. 664.95 on December 30, 2024. This remarkable performance underscores the company's strong position within the auto ancillary sector. Over the past year, Lumax Auto Technologies has demonstrated impressive growth, with a remarkable increase of 70.69%, significantly outperforming the Sensex, which recorded an 8.76% rise during the same period.

Today, the stock has shown resilience, outperforming its sector by 1.09%. It has experienced consecutive gains over the last two days, accumulating a total return of 3.66%. The stock's intraday performance has been notable, reaching a high of Rs. 664.95, reflecting a 3.73% increase. However, it has also exhibited high volatility, with an intraday volatility rate of 40.56%.

Additionally, Lumax Auto Technologies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its stock performance. This combination of factors highlights the company's robust market position and operational strength in the competitive auto ancillary industry.
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