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Lumax Auto Technologies gains on incorporating subsidiary company

23 Sep 2021 Evaluate

Lumax Auto Technologies is currently trading at Rs. 138.35, up by 1.85 points or 1.36% from its previous closing of Rs. 136.50 on the BSE.

The scrip opened at Rs. 138.60 and has touched a high and low of Rs. 138.95 and Rs. 137.20 respectively. So far 2771 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 181.40 on 20-Jul-2021 and a 52 week low of Rs. 88.05 on 24-Sep-2020.

Last one week high and low of the scrip stood at Rs. 142.05 and Rs. 130.35 respectively. The current market cap of the company is Rs. 939.55 crore.

The promoters holding in the company stood at 55.98%, while Institutions and Non-Institutions held 25.05% and 18.97% respectively.

Lumax Auto Technologies has incorporated ‘Lumax Alps Alpine India’ as 50% Subsidiary of the company on September 21, 2021. The company has agreed to subscribe initial capital of 50,000 Equity Shares of Rs. 10 each aggregating to Rs 5,00,000 (equivalent to 50% of the paid up capital) in this subsidiary company.

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.

Lumax Auto Tech Share Price

1792.75 -4.70 (-0.26%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 125.00
Tube Investments 2789.65
Bosch 37505.60
UNO Minda 1097.30
CIE Automotive India 490.15
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