News and Views
Strong Price Performance Amidst Market Benchmarks
Lumax Auto Technologies has demonstrated exceptional price appreciation over multiple time horizons, significantly outperforming the broader market. Over the past week, the stock surged by 7.55%, while the Sensex marginally declined by 0.10%. This upward trajectory extends over longer periods, with a one-month gain of 28.14% compared to the Sensex's 0.45%, and a remarkable year-to-date return of 126.87% against the benchmark's 8.25%. The stock’s one-year return stands at an impressive 191.45%, dwarfing the Sensex’s 5.59% gain. Even over three and five years, Lumax Auto Tech. has delivered extraordinary returns of 455.06% and 1,341.36% respectively, far exceeding the Sensex’s 35.79% and 93.00% in the same periods.
