IGI Logo

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.

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.

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.

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.

The promoters holding in the company stood at 55.98%, while Institutions and Non-Institutions held 24.21% and 19.82% respectively.

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.

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. 

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.