SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Lux Industries reduces stake in Artimas Fashions

02 Dec 2019 Evaluate

Lux Industries has reduced its stake in Artimas Fashions (AFPL) which is the licensee of Indian cricket captain Virat Kohli's innerwear brand, from 100 per cent to 50.87 per cent. AFPL, which was the wholly-owned subsidiary of the company, has become a subsidiary with the dilution of its stake.

Lux Industries manufactures and sells knitwear in India. The company offers a range of innerwear for men, women, and children. It also exports its products to the Middle East countries.

Lux Industries Share Price

1253.75 7.30 (0.59%)
22-Jun-2026 13:08 View Price Chart
Peers
Company Name CMP
Welspun Living 162.70
Vardhman Textiles 653.50
Arvind 509.25
K.P.R. Mill 1144.00
Page Industries 39477.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: