Result Update:Lumax Industries
We expect the company to report Revenues/PAT at a CAGR of 8%/12% over FY20-23E. We retain BUY with a target price of Rs 1741, implying an upside of...
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Lumax Industries Ltd - Result Update Q4FY21
Lumax Industries (LUMAX) reported healthy top line growth of 30% YoY/10% QoQ to INR504cr in Q4FY21, while EBITDA grew 48% YoY/4% QoQ to INR50cr.
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EARNINGS UPDATE-LUMAX INDUSTRIES 4QFY21
Background: Lumax Industries, part of DK Jain group, is the largest automotive lighting company in India. It manufactures Head lamps, Tail lamps,...
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My Hunch, You May Say, on Indian Markets and Possible Investing Strategy
My thoughts or hunch on probable direction of Indian markets and investing strategy -To my mind, investors - have mostly adjusted themselves to the...
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Lumax Ind - Re-Iterate Inv. Thesis – FY18 Marginally Below Est. - Mkt Leader in Dom. Auto Lighting
Lumax Industries Ltd (LUMX IN) Performance SnapshotNote - refer to the earnings presentation attached for details on performance.Base Case...
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