We always discuss best fundamental and technical stocks of India Stock Market for you, we are trying to increase your fundamental interest also.
Technical Analysis
Current Price: ~₹650.60 (as of May 19, 2025, NSE), with a recent high of ₹679.60.
Trend: The stock has shown a strong uptrend over the past year, with a 1-year return of 34.85% (outperforming BSE 500’s 8.36%) and a 5-year CAGR of 44.41%. However, it’s down 1.62% over the last two days as of May 25, 2025, indicating a short-term pullback.
Key Levels (1-day chart):
Entry: Buy above ₹660 (breakout above recent resistance).
Stop Loss: ₹620 (below 50-day MA for risk management).
Target: ₹750 (analyst median target, aligning with Sharekhan’s December 2024 estimate).
Fundamental Analysis
Company Overview: Lumax Auto Technologies, part of the D.K. Jain Group, is a diversified auto component manufacturer, established in 1981 and headquartered in Gurugram, Haryana. It produces automotive components like lighting systems, gear shifters, chassis, intake systems, seat structures, and telematics for two-, three-, and four-wheeler segments, serving OEMs like Maruti Suzuki, Bajaj Auto, and Tata Motors. The company has 26 manufacturing facilities across six Indian states and nine international partnerships (e.g., Yokowo, JOPP).
Recent Developments:
Acquisition: Completed acquisition of the remaining 25% stake in IAC International Automotive India Pvt. Ltd. for ₹221 crore on May 22, 2025, making it a wholly-owned subsidiary, strengthening its position in interior and plastic modules.
Green Energy Foray: Acquired a 60% stake in Greenfuel Energy Solutions (Nov 2024), entering the green and alternate fuels segment, aligning with EV and sustainability trends.
Lubricants Market: Launched a BS6-compliant range of lubricants and coolants, expanding its aftermarket presence through 25,000 retail partners.
Financial Metrics (as of Q3 FY25, ending December 2024):
Revenue: ₹2,822 crore (FY24, consolidated); Q3 FY25 net sales at ₹905.60 crore, up 23.64% YoY.
Net Profit: ₹166.96 crore (FY24); Q3 FY25 profit at ₹56.03 crore on total income of ₹914.52 crore.
Market Cap: ~₹4,531 crore (as of May 2025).
P/E Ratio: ~27.69, higher than Banco (~20) but in line with sector peers.
ROE: ~13% (FY24, five-year average ~13–16%), slightly below Banco’s ~14%.
Debt: Low Debt-to-EBITDA ratio (0.50), with outstanding borrowing of ₹106.85 crore as of March 2024, indicating strong financial health.
Dividend: Declared a final dividend of ₹5.5 per share (275% on ₹2 face value) in May 2024 and an interim dividend of ₹2 per share in February 2025, yielding ~0.83%.
Technical Analysis
Current Price: ~₹650.60 (as of May 19, 2025, NSE), with a recent high of ₹679.60.
Trend: The stock has shown a strong uptrend over the past year, with a 1-year return of 34.85% (outperforming BSE 500’s 8.36%) and a 5-year CAGR of 44.41%. However, it’s down 1.62% over the last two days as of May 25, 2025, indicating a short-term pullback.
Key Levels (1-day chart):
Entry: Buy above ₹660 (breakout above recent resistance).
Stop Loss: ₹620 (below 50-day MA for risk management).
Target: ₹750 (analyst median target, aligning with Sharekhan’s December 2024 estimate).
Fundamental Analysis
Company Overview: Lumax Auto Technologies, part of the D.K. Jain Group, is a diversified auto component manufacturer, established in 1981 and headquartered in Gurugram, Haryana. It produces automotive components like lighting systems, gear shifters, chassis, intake systems, seat structures, and telematics for two-, three-, and four-wheeler segments, serving OEMs like Maruti Suzuki, Bajaj Auto, and Tata Motors. The company has 26 manufacturing facilities across six Indian states and nine international partnerships (e.g., Yokowo, JOPP).
Recent Developments:
Acquisition: Completed acquisition of the remaining 25% stake in IAC International Automotive India Pvt. Ltd. for ₹221 crore on May 22, 2025, making it a wholly-owned subsidiary, strengthening its position in interior and plastic modules.
Green Energy Foray: Acquired a 60% stake in Greenfuel Energy Solutions (Nov 2024), entering the green and alternate fuels segment, aligning with EV and sustainability trends.
Lubricants Market: Launched a BS6-compliant range of lubricants and coolants, expanding its aftermarket presence through 25,000 retail partners.
Financial Metrics (as of Q3 FY25, ending December 2024):
Revenue: ₹2,822 crore (FY24, consolidated); Q3 FY25 net sales at ₹905.60 crore, up 23.64% YoY.
Net Profit: ₹166.96 crore (FY24); Q3 FY25 profit at ₹56.03 crore on total income of ₹914.52 crore.
Market Cap: ~₹4,531 crore (as of May 2025).
P/E Ratio: ~27.69, higher than Banco (~20) but in line with sector peers.
ROE: ~13% (FY24, five-year average ~13–16%), slightly below Banco’s ~14%.
Debt: Low Debt-to-EBITDA ratio (0.50), with outstanding borrowing of ₹106.85 crore as of March 2024, indicating strong financial health.
Dividend: Declared a final dividend of ₹5.5 per share (275% on ₹2 face value) in May 2024 and an interim dividend of ₹2 per share in February 2025, yielding ~0.83%.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.