Lux Industries Stock Soars 6.9%, Outperforms Sector and Sensex in August 2024
Lux Industries, a midcap textile company, has seen a 6.9% increase in its stock price on August 6th, 2024, reaching a new 52-week high of Rs.2405.9. According to MarketsMojo, the stock has been given a 'Hold' call and has shown signs of improvement and potential for growth. It has consistently outperformed the sector and its peers in the past few days, indicating a strong performance and potential for future growth.
Lux Industries, a midcap textile company, has seen a significant increase in its stock price on August 6th, 2024. The stock has gained 6.9% and is currently trading at a new 52-week high of Rs.2405.9. This performance has outperformed the sector by 2.27%.
According to MarketsMOJO, a leading stock analysis platform, the stock of Lux Industries has been given a 'Hold' call. It has also been identified as part of the Hidden Turnaround on MarketsMOJO since May 31st, 2024. This indicates that the company has shown signs of improvement and potential for growth.
In the past three days, Lux Industries has been consistently gaining and has seen a rise of 17.85% in its stock price. It has also been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.
The textile sector, to which Lux Industries belongs, has also seen a gain of 2.48%. This shows that the company is performing well in comparison to its peers in the industry.
In terms of overall performance, Lux Industries has outperformed the Sensex by 6.90% in the past day and 61.64% in the past month. This indicates a strong performance by the company and its potential for growth in the future.
Investors should keep an eye on Lux Industries as it continues to show positive signs and potential for growth in the textile industry. However, it is always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
{{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
