SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Lux Industries plans greenfield expansion with capex of Rs 110 crore

23 Mar 2021 Evaluate

Lux Industries’ Board of Directors has approved a greenfield expansion plan of Rs 110 crore. The company has already identified a land parcel measuring the construction area of around 4,60,000 Sq.ft of which around 20% to 30% will be used for manufacturing unit and balance for warehousing, storage and finishing facilities. The capex will be completed over next 12-18 months. Company has three major facilities in Kolkata, Tirupur and Ludhiana, are capable of producing more garments than the installed capacity due to the improved efficiency and flexible manufacturing capabilities. Company is also working towards way more flexibility in terms of capacity with enhanced mechanical tools and scientific way of working according to the market demand.

Currently the company is running at full production capacity however the company is also having 3rd party longterm contract to enhance the production capacity and hence company is planning to infuse the capital for supply chain but well supported with the increase in own production capacity also.

Lux Industries Share Price

1483.05 51.85 (3.62%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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:

×