Lumax Auto Technologies jumps on incorporating wholly owned subsidiary
Lumax Auto Technologies is currently trading at Rs. 1059.25, up by 21.80 points or 2.10% from its previous closing of Rs. 1037.45 on the BSE.
The scrip opened at Rs. 1022.85 and has touched a high and low of Rs. 1069.95 and Rs. 1003.20 respectively. So far 4747 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1208.00 on 01-Jul-2025 and a 52 week low of Rs. 452.55 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1152.70 and Rs. 1003.20 respectively. The current market cap of the company is Rs. 7219.60 crore.
The promoters holding in the company stood at 55.98%, while Institutions and Non-Institutions held 23.35% and 20.67% respectively.
Lumax Auto Technologies has incorporated wholly owned subsidiary in the name of ‘Lumax Auto Solutions’ on July 26, 2025. The Ministry of Corporate Affairs, Central Registration Centre on July 26, 2025 has issued a Certificate of Incorporation of Lumax Auto Solutions.
The operations of Lumax Auto Solutions, will be in line with the company's vision, will enable the company to further address growth opportunities in automotive sector.
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.
