Lumax Auto Technologies shines on getting nod to set up new manufacturing plant in Maharashtra
Lumax Auto Technologies is currently trading at Rs. 2055.05, up by 314.25 points or 18.05% from its previous closing of Rs. 1740.80 on the BSE.
The scrip opened at Rs. 1780.95 and has touched a high and low of Rs. 2,062.05 and Rs. 1780.95 respectively. So far 294376 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,062.05 on 11-Aug-2026 and a 52 week low of Rs. 991.00 on 11-Aug-2025.
Last one week high and low of the scrip stood at Rs. 2,062.05 and Rs. 1,632.90 respectively. The current market cap of the company is Rs. 13583.83 crore.
The promoters holding in the company stood at 55.98%, while Institutions and Non-Institutions held 25.22% and 18.80% respectively.
Lumax Auto Technologies has received approval for setting up of a new manufacturing plant of Intelligent Ambient Comfort (IAC) division of the company at Chakan, Maharashtra with a capital outlay of around Rs 156.23 crore. This project will cater to the new orders received from Mahindra & Mahindra. The capex will be funded by internal accruals and peak annualized turnover is expected to the tune of around Rs 440 crore post commissioning. The project is expected to be commissioned in two phases, 1st phase by Q4FY2027 and 2nd phase by Q1FY2028.
The Board of Directors at their meeting held on August 10, 2026, have approved the same.
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