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Lux Industries surges on incorporating wholly owned subsidiary in West Bengal

19 May 2026 Evaluate

Lux Industries is currently trading at Rs. 1381.00, up by 48.95 points or 3.67% from its previous closing of Rs. 1332.05 on the BSE.

The scrip opened at Rs. 1320.00 and has touched a high and low of Rs. 1,398.00 and Rs. 1320.00 respectively. So far 1405 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1837.95 on 24-Apr-2026 and a 52 week low of Rs. 805.05 on 02-Mar-2026.

Last one week high and low of the scrip stood at Rs. 1,837.95 and Rs. 1300.00 respectively. The current market cap of the company is Rs. 4146.58 crore.

The promoters holding in the company stood at 74.19%, while Institutions and Non-Institutions held 5.50% and 20.30% respectively.

Lux Industries has incorporated a wholly owned subsidiary (WOS) namely ‘Lux Global’ in West Bengal, India and has received the Certificate of Incorporation on May 18, 2026. The new WOS will focus on the manufacturing and trading of garments, including hosiery products.  

Lux Industries is primarily engaged in the manufacturing and sales of knitwears. The company has operations in India and caters to both domestic and international markets.

Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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