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The experts further advised to continue with the buy-on-dips strategy till the index holds 19,600-19,500 on the downside

Experts bet on these 10 stocks as raging bulls of D-St keep Nifty charged up

Lumax Inds Consolidated September 2023 Net Sales at Rs 643.75 crore, up 3.82% Y-o-Y

Going forward, 19,600-19,500 is expected to act as a crucial support for the Nifty50 in coming sessions, and if it manages to sustain above then the gradual upmove towards 20,000 can be possible, experts said

Top 10 bets for 3-4 weeks as bulls look tired at the peak, bears take over reins

The said appointment is based on the recommendation of the nomination and remuneration committee of the company.Vishnu Johri is a manufacturing specialist with an established background in turning around businesses. He is a mechanical engineer from Birla Institute of Technology and Science (BITS), Pilani and is highly skilled in business development and a well-regarded business leader enhancing operational performance significantly. His last assignment was as COO MATE (Motherson Group) with responsibility for Africa and Middle East and tooling division.Lumax Industries is engaged in the business of manufacture, trading and supply of auto components, mainly automotive lighting systems for four wheeler and two wheeler vehicles.The company reported a consolidated net profit of Rs 29.54 crore in Q3 FY23, steeply higher than Rs 6.78 crore posted in Q3 FY22. Net sales jumped 33.1% year on year to Rs 579.42 crore during the quarter.

Lumax Inds rises on appointing Vishnu Johri as CEO 

In a regulatory filing, the automotive component supplier announced that its board has approved the resignation of Vineet Sahni from the positions of senior executive director, whole time director and CEO of the company with effect from close of business hours of 14 April 2023.Sahni resigned from the post due to personal commitments.Lumax Industries is engaged in the business of manufacture, trading and supply of auto components, mainly automotive lighting systems for four wheeler and two wheeler vehicles.The company reported a consolidated net profit of Rs 29.54 crore in Q3 FY23, steeply higher than Rs 6.78 crore posted in Q3 FY22. Net sales jumped 33.1% year on year to Rs 579.42 crore during the quarter.

Lumax Inds declines after whole time director & CEO Vineet Sahni resigns

Lumax Industries will hold a meeting of the Board of Directors of the Company on 11 April 2023.

Lumax Industries to hold board meeting

Breaching either side of 18,200-18,450 range can give some kind of direction to the market in the coming days, but having a monthly expiry and FOMC minutes scheduled this week, volatility and consolidation is at the top before any kind of big move on either side of range

Top 10 trading ideas for next 3-4 weeks in a market moving largely sideways

Lumax Inds Consolidated September 2022 Net Sales at Rs 620.06 crore, up 36.98% Y-o-Y

Lumax Inds Standalone September 2022 Net Sales at Rs 620.06 crore, up 36.98% Y-o-Y

Lumax Inds Standalone June 2022 Net Sales at Rs 511.94 crore, up 63.04% Y-o-Y

Lumax Industries Ltd. is a holding company, which engages in the manufacture, trading, and supply of automotive lighting systems for four wheeler and two wheeler vehicles. Its products include head lamps, rear lamps, sundry lamps, and auxiliary lamps. The company was founded by Sagar Chand Jain in 1945 and is headquartered in New Delhi, India.

Watchers	14
52-Wk Low	1,563.25
52-Wk High	2,798.95

Market Cap	25.2B
Volume (M)	1,309.00
52-Wk High	2,798.95
52-Wk Low	1,563.25

LUMAXIND.NSE Lumax Industries Ltd.

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