Lux Industries Experiences Revision in Stock Evaluation Amid Market Performance Shift

Dec 31 2024 02:00 PM IST
share
Share Via
Lux Industries has seen a revision in its score following a notable performance on December 31, 2024, where it gained 5.1%, surpassing sector trends. Despite this positive movement, MarketsMojo has adjusted its evaluation, maintaining a cautious stance on the stock's future potential. The stock remains on MarketsMojo's list, reflecting ongoing recovery efforts.
Lux Industries, a midcap player in the textile industry, has recently experienced a notable shift in its stock evaluation. The company has been added to MarketsMOJO's list, reflecting a revision in its score that underscores its current market position.

On December 31, 2024, Lux Industries saw a gain of 5.1%, outperforming its sector by 3.73%. This uptick comes after a brief period of decline, marking a trend reversal as the stock rebounded following two consecutive days of losses. The stock reached an intraday high of Rs 1931.65, showcasing a daily increase of 3.71%.

In terms of moving averages, Lux Industries is currently positioned above its 200-day moving average, although it remains below the shorter-term 5-day, 20-day, 50-day, and 100-day moving averages. Over the past month, the stock has shown a performance increase of 2.08%, contrasting with a decline of 2.06% in the broader Sensex index.

This adjustment in evaluation highlights the dynamic nature of Lux Industries' performance within the textile sector.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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