What is not working for the company?
What is working for the company?
|Name||Sep 22||Jun 22|
|Mutual Funds (Change:0.17)||0.46%||0.29%|
|Insurance Companies (Change:0.00)||0%||0%|
|Other DIIs (Change:0.11)||0.11%||0%|
|Non Institution (Change:-0.50)||23.96%||24.46%|
This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
If I had made LUMPSUM investment of ₹ 1,00,000
in LUMAX INDUSTRIES LTD.
My investment would be worth ₹ 1,41,900 with a Gain of 41.90 %
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Today's live share price for LUMAX INDUSTRIES LTD. is NSE: ₹ 1,845.30, BSE: ₹ 1,845.00 with a current market capitalization of .
Lumax Industries(LIL) is into manufacture of range of auto-lighting equiment including headlamps and auxillary lamp assemblies for 2, 3, 4 wheelers and oil filters and rear view mirrors. LIL roped in Stanley Electric, Japan as a technical collaborator in 1984. The Japanese Collaborator holds around 20% stake in the company. Lumax Industries established as a trading concern under the name Globe Auto Industries in Delhi on 1949 has got into manurfacturing activity in 1957 by setting upa a plant in Delhi. Now it has four manufacturing units at Delhi, Faridabad, Gurgaon and Pune. The company tapped the capital market in 1984. It has renowned customers for its products -- Telco, Ashok Leyland, Ford, Hindustan Motors, Nissan, DCM Toyota, Bajaj Tempo, Mahindra & Mahindra, Maruti, Premier Automobilies, Hero Honda, Bajaj, etc. Lumax's products are exported to the Gulf, African, South-East Asian and European countries. A number of the company's products have been type-approved by the defence sector. LIL had set up a new automobile lighting equipment unit at a cost of around Rs 400 million at Gurgaon, with latest technological advancements. In 1998-99, the company increased the installed capacity of its head lamps and tail lamps/rear combination lamps to 25,00,000 nos and 29,50,000 nos. During 2000-01 the installed capacity of Head Lamps & Filters have increased to 32,50,000 & 6,50,000 respectively. The company decided to spinoff its Mirror and Filter division which produces rearview mirrors and oil-filters into a separate company i.e. Lumax Aircleaners Ltd. The scheme of demerger arrangement is pending approval of the High Court as on Sep 11, 2003. This scheme envisages allotment of 1 equity share of the resultant new company for 4 shares of LIL. This demerger leaves LIL as a pure Auto Lighting company.Read more