Lumax Auto Technologies Hits New 52-Week High of Rs. 1432.2

Lumax Auto Technologies has reached a significant milestone by hitting a new 52-week high of Rs. 1432.2 today, marking a notable achievement in its stock performance. This small-cap company, operating in the Auto Components & Equipment industry, has shown impressive growth, outperforming its sector by 0.95% on the day.
The stock has been on a positive trajectory, gaining for three consecutive days and delivering a remarkable 20.89% return during this period. Additionally, Lumax Auto Technologies is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.

Over the past year, the company has demonstrated exceptional performance, with a staggering 172.44% increase in stock value, significantly outpacing the Sensex's 4.86% growth. The company's financial health is underscored by a high return on capital employed (ROCE) of 19.74% and a low debt-to-EBITDA ratio of 0.71 times, reflecting its strong ability to manage debt.

With net sales reaching Rs. 1,156.36 crore and a net profit of Rs. 66.85 crore reported in its latest quarterly results, Lumax Auto Technologies continues to showcase robust operational efficiency and growth potential.