LUMAX AUTO TECHNOLOGIES LTD.
NSE : LUMAXTECHBSE : 532796ISIN
CODE : INE872H01027Industry : Auto AncillaryHouse
: Lumax
BSE485.00-3.4 (-0.7 % )
PREV CLOSE (Rs.) 488.40
OPEN PRICE (Rs.) 496.00
BID PRICE (QTY) 484.90 (6 )
OFFER PRICE (QTY) 485.70 (6 )
VOLUME 6235
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE485.55 -3.2 (-0.65 % )
PREV CLOSE(Rs.) 488.75
OPEN PRICE (Rs.) 495.40
BID PRICE (QTY) 485.00 (64 )
OFFER PRICE (QTY) 485.55 (92 )
VOLUME 77716
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 19-Mar-2024 | Lumax Auto Technologies informs about analyst meet | <div style="text-align: justify;">Pursuant to Regulation 30(6) read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Lumax Auto Technologies has informed that the officials of the Company will be meeting Investors/Analysts (Participants) as per the details enclosed.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 13-Mar-2024 | Lumax Auto Technologies incorporates wholly owned subsidiary | <p style="text-align: justify;">Lumax Auto Technologies has incorporates wholly owned subsidiary of the company in the name of ‘Lumax Resources' on March 12, 2024. The Ministry of Corporate Affairs, Central Registration Centre on March 12, 2024 has issued a Certificate of Incorporation of Lumax Resources. The operations of Lumax Resources, will be in line with the company's vision, will enable the company to further address growth opportunities in automotive sector.</p><p style="text-align: justify;">Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.</p><div style="text-align: justify;"><br></div> |
| 29-Feb-2024 | Lumax Auto Technologies informs about disclosures | <div style="text-align: justify;">Lumax Auto Technologies has informed that it enclosed the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Albula Investment Fund.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 13-Feb-2024 | Lumax Auto Technologies gets nod to incorporate Wholly Owned Subsidiary | <p style="text-align: justify;">Lumax Auto Technologies has received approval for incorporation of a Wholly Owned Subsidiary (WOS) Company in the name of ‘Lumax Resources' or any other name, as may be approved by the Ministry of Corporate Affairs, Office of the Registrar of Companies, Central Registration Centre.</p><p style="text-align: justify;">The operations of new WOS, will be in line with the company's vision, will enable the company to further address growth opportunities in automotive sector. The Board of Directors of the Company, at their Meeting held on February 13, 2024, have inter-alia, considered and approved the same. </p><p style="text-align: justify;">Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.</p><div style="text-align: justify;"><br></div> |
| 13-Feb-2024 | Lumax Auto Technologies zooms on getting nod to incorporate Wholly Owned Subsidiary | <p>Lumax Auto Technologies is currently trading at Rs. 415.00, up by 26.85 points or 6.92% from its previous closing of Rs. 388.15 on the BSE.</p><p>The scrip opened at Rs. 393.45 and has touched a high and low of Rs. 434.80 and Rs. 375.00 respectively. So far 63520 shares were traded on the counter.</p><p>The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 469.00 on 08-Aug-2023 and a 52 week low of Rs. 210.20 on 15-Feb-2023.</p><p>Last one week high and low of the scrip stood at Rs. 434.80 and Rs. 375.00 respectively. The current market cap of the company is Rs. 2937.60 crore.</p><p>The promoters holding in the company stood at 55.98%, while Institutions and Non-Institutions held 24.21% and 19.82% respectively.</p><p>Lumax Auto Technologies has received approval for incorporation of a Wholly Owned Subsidiary (WOS) Company in the name of ‘Lumax Resources' or any other name, as may be approved by the Ministry of Corporate Affairs, Office of the Registrar of Companies, Central Registration Centre.</p><p>The operations of new WOS, will be in line with the company's vision, will enable the company to further address growth opportunities in automotive sector. The Board of Directors of the Company, at their Meeting held on February 13, 2024, have inter-alia, considered and approved the same. </p><p>Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.</p> |
| 07-Feb-2024 | Lumax Auto Technologies' arm inaugurates new manufacturing plant at Chakan | <p style="text-align: justify;">Lumax Auto Technologies' subsidiary -- Lumax Cornaglia Auto Technologies (LCAT) has inaugurated its new manufacturing plant at Chakan (Pune), Maharashtra on February 06, 2024. The new Plant is spread across a total area of 2.5L sq. ft. and a dedicated 7K sq. ft. in-house R&D laboratory, and is a one-stop solution for complete vehicle-level emission requirements of any auto OEM, in India and beyond.</p><p style="text-align: justify;">LCAT is engaged in the business of providing emission products i.e. Air Filters, Fuel Tanks etc. for both two wheelers and four wheelers. LCAT has also entered the roto-moulding segment for manufacturing plastic fuel tanks, fenders, roofs, and mudguards along with design and development facilities. LCAT was earlier having its manufacturing Plant at Chakan with smaller area of 32K Sq. Ft. and in view of the increased operations, the management decided to relocate the said Plant at the above new bigger Plant. </p><p style="text-align: justify;">Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.</p> |
| 07-Feb-2024 | Lumax Auto Technologies zooms after its arm inaugurates new manufacturing plant at Chakan | <p style="text-align: justify;">Lumax Auto Technologies is currently trading at Rs. 419.00, up by 21.35 points or 5.37% from its previous closing of Rs. 397.65 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 404.15 and has touched a high and low of Rs. 422.00 and Rs. 400.80 respectively. So far 19697 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 469.00 on 08-Aug-2023 and a 52 week low of Rs. 210.20 on 15-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 422.00 and Rs. 391.80 respectively. The current market cap of the company is Rs. 2839.79 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.98%, while Institutions and Non-Institutions held 24.21% and 19.82% respectively.</p><p style="text-align: justify;">Lumax Auto Technologies' subsidiary -- Lumax Cornaglia Auto Technologies (LCAT) has inaugurated its new manufacturing plant at Chakan (Pune), Maharashtra on February 06, 2024. The new Plant is spread across a total area of 2.5L sq. ft. and a dedicated 7K sq. ft. in-house R&D laboratory, and is a one-stop solution for complete vehicle-level emission requirements of any auto OEM, in India and beyond.</p><p style="text-align: justify;">LCAT is engaged in the business of providing emission products i.e. Air Filters, Fuel Tanks etc. for both two wheelers and four wheelers. LCAT has also entered the roto-moulding segment for manufacturing plastic fuel tanks, fenders, roofs, and mudguards along with design and development facilities. LCAT was earlier having its manufacturing Plant at Chakan with smaller area of 32K Sq. Ft. and in view of the increased operations, the management decided to relocate the said Plant at the above new bigger Plant. </p><p style="text-align: justify;">Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.</p><div style="text-align: justify;"><br></div> |
| 30-Jan-2024 | Lumax Auto Technologies inches up on completing acquisition of entire stake in Lumax Ancillary | <p style="text-align: justify;">Lumax Auto Technologies is currently trading at Rs. 367.00, up by 1.80 points or 0.49% from its previous closing of Rs. 365.20 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 363.15 and has touched a high and low of Rs. 363.15 and Rs. 367.15 respectively. </p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 469.00 on 08-Aug-2023 and a 52 week low of Rs. 210.20 on 15-Feb-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 383.10 and Rs. 363.05 respectively. The current market cap of the company is Rs. 2489.12 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.98%, while Institutions and Non-Institutions held 24.21% and 19.82% respectively.</p><p style="text-align: justify;">Lumax Auto Technologies has completed the acquisition of entire equity stake i.e. 100% of the Paid-up Share Capital of Lumax Ancillary (LAL) on January 25, 2024. Accordingly, LAL has become a wholly owned subsidiary of the Company with effect from January 25, 2024.</p><p style="text-align: justify;">Further, the acquisition will help both the companies to leverage their respective competitive strengths in order to drive their business forward in the coming years and work towards unlocking potential synergies across products, customers, technology and manufacturing excellence.</p><p style="text-align: justify;">Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.</p><div style="text-align: justify;"><br></div> |
| 30-Jan-2024 | Somany Ceramics, Lumax Auto Technologies and GAIL (India) to see some action today | <p style="text-align: justify;"><b>Somany Ceramics</b>' Subsidiary Company--Somany Max has commenced its Commercial production of Greenfield manufacturing facility of large format/slab tile of approximately 4 million square meters per annum in Gujarat, with an estimated investment of Rs 185 crore January 29, 2024. The said manufacturing facility has potential to generate revenue of approximate Rs 250 crore per annum on full capacity utilisation. </p><p style="text-align: justify;"><b>Lumax Auto Technologies </b>has completed the acquisition of entire equity stake i.e. 100% of the Paid-up Share Capital of Lumax Ancillary (LAL) on January 25, 2024. Accordingly, LAL has become a wholly owned subsidiary of the Company with effect from January 25, 2024. Further, the acquisition will help both the companies to leverage their respective competitive strengths in order to drive their business forward in the coming years and work towards unlocking potential synergies across products, customers, technology and manufacturing excellence.</p><p style="text-align: justify;"><b>GAIL (India)</b> has reported 8-fold jump in its consolidated net profit at Rs 3193.34 crore for Q3FY24 as compared to Rs 397.59 crore for the same quarter in the previous year. However, total income of the company decreased by 3.32% at Rs 35181.78 crore for Q3FY24 as compared Rs 36389.65 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;"><b>Bharat Electronics</b> has reported 40.65% rise in its consolidated net profit at Rs 848.12 crore for Q3FY24 as compared to Rs 603.01 crore for the same quarter in the previous year. Total income of the company increased by 2.80% at Rs 4,329.58 crore for Q3FY24 as compared Rs 4,211.76 crore for corresponding quarter of the previous year. </p><p style="text-align: justify;"><b>Manomay Tex India</b> has started commercial production of New Textile Spinning Unit Situated at Village - Undawa Tehsil- Gangrar, Chittorgarh (Rajasthan) (India). The company has started commercial production of new textile spinning unit on January 27, 2024.</p><p style="text-align: justify;"><b>Orchasp </b>has entered into a Memorandum of Understanding (MoU) with S.A Tech Software India. S A Tech and Orchasp shall source and execute Software Development, and Cloud Services to begin with in India. The MoU is for a period of 2 years.</p><div style="text-align: justify;"><b>Newgen Software Technologies</b>' wholly owned subsidiary has won a seven-year contract worth Rs 97 crore for digital product development, operational support and related services to support digitisation in Singapore.</div> |
| 29-Jan-2024 | Lumax Auto Technologies completes acquisition of entire stake in Lumax Ancillary | <p style="text-align: justify;">Lumax Auto Technologies has completed the acquisition of entire equity stake i.e. 100% of the Paid-up Share Capital of Lumax Ancillary (LAL) on January 25, 2024. Accordingly, LAL has become a wholly owned subsidiary of the Company with effect from January 25, 2024.</p><p style="text-align: justify;">Further, the acquisition will help both the companies to leverage their respective competitive strengths in order to drive their business forward in the coming years and work towards unlocking potential synergies across products, customers, technology and manufacturing excellence.</p><p style="text-align: justify;">Lumax Auto Technologies manufactures a wide range of automotive components. The company's products include drive transmission and steering components, body and chassis, and electrical components.</p><div style="text-align: justify;"><br></div> |
