Lumax Tech Share Price Hits 3mth Low at 296 on 24 Jun 16

Lumax Tech Share Price recorded a 52 week high of Rs 423.90 on 4th January 2016. This was also it Lifetime High. Since January 2016, the share price saw a gradual fall till the month of March when it reached Rs 275.80 (adj closing price) on 16th March 2016. On 17th March 2016 Lumax Tech declared Interim Dividend of Rs.4.70 per share (47%). After this declaration Lumax Tech share price picked up its momentum again.

About Lumax Auto Technologies Limited

Lumax Auto Technologies Ltd was founded in the year 1981. It is a part of the D.K. Jain Group of companies that has carved its healthy position in automotive parts like sheet metal parts, fabricated assemblies, tubular parts, for two wheeler and three wheeler sectors. Under the shelter of Mr. D K Jain, the company currently has captured sizable market in its arena with a yearly turnover of over Rs. 626 Crores (USD 139.1 Million) including the subsidiaries.

Overview

Lumax Tech is a publicly traded company in India. The shareholding pattern of the Company shows a holding of 51 per cent by Indian Promoters and the rest 49 per cent is held by public. This comprises of over 6,000 shareholders. Lumax Tech share price recorded a lifetime low of Rs 15.25 on 18th March 2009.

The Plants

The Company serves its customers from over six modern manufacturing plants in India. Out of these three plants are located in Pune, two plants in Aurangabad and the other plant in Kala Amb district in Himachal Pradesh.

Lumax Technologies is an ISO certified company which focuses on customer satisfaction and quality leadership. It is committed to achieve excellence in quality of the products and services.

Lumax Tech Financials

Revenue: Lumax Tech standalone revenue was recorded at Rs 138.08 crores for the quarter ended 31st March 2016, which was higher by Rs 10 crores (approx) as compared to the corresponding quarter of the previous year. The revenue for the December 2015 quarter was Rs 140.68 crores.

Other Income: Standalone Other income for the March 2016 quarter was Rs 6.58 crores.

Total Income: The quarter ended March 2016 saw a total income of Rs 144.66 crores. The corresponding quarter of the previous year recorded a total income of Rs 141.16.

Net Profit: The net profit for Lumax Tech was Rs 7.66 crores for the March 2016 quarter.

Equity: For the quarter ended 31st March 2016 the EPS was 5.62, the CEPS was 8.04, the OPM % was 9.55 and the NPM % was 5.55.

Products

Frame Assy : Model - Wind-125

Frame Assy : Model - CT-100

Exhaust Muffler : Model - Pulsar

Muffler Assy : Model – Wave

Silencer Assly - Spirit 4S

Petrol Tank Assy : Model – Spirit

Handle Bar Assy : Model – Wave

Fork Assly - Spirit 4S

Cable type Gear Shift Lever

Rod Linkage type Gear Shift Lever

Parking Brake

PCB

Head Lamp: Model – BOXER

Head Lamp: Model – AVENGER

Side Blinkers: 3 wheeler

Engine Cabin Lamp– 3 wheeler

Tail Lamp: Model – BOXER

Side Blinkers: Model – AVENGER

Side Blinkers: Model – PULSAR

Adjustor Motor

Avenger Fender

Lumax Tech has posted an impressive financial growth of 50 per cent in 2010-2011 and is on a rapid growth spiral.

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