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2025-07-14 12:03:18 pm | Source: Accord Fintech
Lucent Industries rises as its arm to launch new AI-Driven product `OrbitX`
Lucent Industries rises as its arm to launch new AI-Driven product `OrbitX`

Lucent Industries is currently trading at Rs. 1128.00, up by 6.85 points or 0.61% from its previous closing of Rs. 1121.15 on the BSE.

The scrip opened at Rs. 1150.00 and has touched a high and low of Rs. 1169.70 and Rs. 1120.00 respectively. So far 1433 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1175.75 on 11-Jul-2025 and a 52 week low of Rs. 129.80 on 26-Jul-2024.

Last one week high and low of the scrip stood at Rs. 1175.75 and Rs. 1001.90 respectively. The current market cap of the company is Rs. 1699.50 crore.

The promoters holding in the company stood at 67.61%, while Non-Institutions held 32.39% stake in the company.

Lucent Industries through its wholly owned subsidiary Mobavenue Global Holdings, is all set to launch a pioneering new product ‘OrbitX’, an AI-powered search and contextual advertising platform. OrbitX will build on this robust foundation and serve as a next-generation performance marketing engine, purpose-built for global markets such as the United Kingdom, United States, and Europe. It will leverage cutting-edge machine learning algorithms and proprietary optimization logic to intelligently acquire and monetize traffic across search, native, and social ad networks.

Designed to transform undervalued ad inventories into high-value growth opportunities, OrbitX will enhance user intent mapping and deliver precision contextual targeting, enabling advertisers to achieve superior campaign performance and maximize Return on Investment (ROI) through automated, intelligent delivery systems. This development marks a significant strategic milestone for the company, following the recently concluded acquisition of Mobavenue Media (Mobavenue), which was approved by the Board of Directors at its meeting held on July 2, 2025 and duly intimated to the stock exchange.

Lucent Industries is into buying, selling, supplying, Marketing, trading and dealing in all types of goods on retail and wholesale basis.

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