2025-09-16 12:36:42 pm | Source: Choice Broking Ltd
Buy Lumax Auto Technologies Ltd for the Target Rs.1,330 by Choice Broking Ltd
View and Valuation:
We believe LMAX’s focus on high-growth, technology-driven segments, positions LMAX for sustainable growth in the evolving mobility landscape. We revise our FY27/FY28 EPS estimates upwards by 2.3%/2.8% and arrive at our target price of INR 1,330. We value the company at 25x (maintained) on the average FY27/28E EPS and maintain our BUY rating on the company.
Financials:
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