Company Profile

LUMAX INDUSTRIES LTD.

NSE : LUMAXINDBSE : 517206ISIN CODE : INE162B01018Industry : Auto AncillaryHouse : Lumax
BSE1285.0022.2 (+1.76 % )
PREV CLOSE (Rs.) 1262.80
OPEN PRICE (Rs.) 1299.00
BID PRICE (QTY) 1270.10 (2 )
OFFER PRICE (QTY) 1275.00 (50 )
VOLUME 153
TODAY'S LOW / HIGH (Rs.)1269.05 1300.95
52 WK LOW / HIGH (Rs.)702 1695.95
NSE1271.05 8.8 (+0.7 % )
PREV CLOSE(Rs.) 1262.25
OPEN PRICE (Rs.) 1290.00
BID PRICE (QTY) 1271.05 (2 )
OFFER PRICE (QTY) 1274.95 (6 )
VOLUME 1435
TODAY'S LOW / HIGH(Rs.) 1268.90 1308.95
52 WK LOW / HIGH (Rs.)677.8 1674.9

Company News

Date Heading Details
17-Aug-2020 Lumax Industries informs about investor meet <p align="justify">Lumax Industries has informed that pursuant to the relevant provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, the officials of the Company will be Meeting Investors (Participants), on August 20, 2020. The Company further informed that it will be referring to the Investor Presentation, available on the website of the Company www.lumaxworld.in/lumaxindustries and issued to the Stock Exchanges on 14th August 2020, during the meeting.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
13-Aug-2020 Lumax Industries reports consolidated net loss of Rs 32 crore in Q1 <p align="justify">Lumax Industries has reported results for the first quarter ended June 30, 2020.<p align="justify">The company has reported a net loss of Rs 28.25 crore for the quarter under review against net profit of Rs 13.93 crore for the same quarter in the previous year. Total income of the company decreased by 79.92% at Rs 80.93 crore for Q1FY21 as compared Rs 403.12 crore for the corresponding quarter previous year.<p align="justify">On the consolidated basis, the company has reported a net loss of Rs 31.60 crore for the quarter under review against net profit of Rs 16.56 crore for the same quarter in the previous year. Total income of the company decreased by 79.92% at Rs 80.93 crore for Q1FY21 as compared Rs 403.12 crore for the corresponding quarter previous year.</p>
13-Aug-2020 Lumax Industries falls on reporting consolidated net loss of Rs 32 crore in Q1 <p align="justify">Lumax Industries is currently trading at Rs. 1446.05, down by 15.30 points or 1.05% from its previous closing of Rs. 1461.35 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 1400.00 and has touched a high and low of Rs. 1453.20 and Rs. 1400.00 respectively. So far 739 shares were traded on the counter.<br></p><p align="justify">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1544.00 on 31-Jan-2020 and a 52 week low of Rs. 702.00 on 25-Mar-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 1520.90 and Rs. 1400.00 respectively. The current market cap of the company is Rs. 1348.88 crore.<br></p><p align="justify">The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 1.72% and 23.28% respectively.</p><p align="justify">The company has reported a net loss of Rs 28.25 crore for the first quarter ended June 30, 2020 against net profit of Rs 13.93 crore for the same quarter in the previous year. Total income of the company decreased by 79.92% at Rs 80.93 crore for Q1FY21 as compared Rs 403.12 crore for the corresponding quarter previous year.</p><p align="justify">On the consolidated basis, the company has reported a net loss of Rs 31.60 crore for the quarter under review against net profit of Rs 16.56 crore for the same quarter in the previous year. Total income of the company decreased by 79.92% at Rs 80.93 crore for Q1FY21 as compared Rs 403.12 crore for the corresponding quarter previous year.<br></p>
18-Jun-2020 Resignation of Director Inter alia, approved the following: 1. Recommendation of Final Dividend of Rs. 6/- per Equity Share (i.e. 60%) of the Face Value of Rs.10/- each for the Financial Year 2019-20 subject to the approval of Shareholders in the ensuing Annual General Meeting of the Company. The dividend, if approved by the Shareholders, will be paid within 30 days of approval/declaration. 2. Based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of Shareholders at the ensuing Annual General Meeting (AGM), the Board has appointed Mr. Kenjiro Nakazono as an Additional Director designated as Executive Director to act as Whole Time Director (Key Managerial Personnel) on the Board of the Company. 3. Accepted and took on Record the Resignation of Mr. Koji Sawada, Executive Director of the Company and appreciated his contribution. 4. Convening of 39th Annual General Meeting (AGM) of the Company on Friday, the 28th August, 2020 for the Financial Year ended 31st March 2020.
16-Mar-2020 Lumax Industries informs about loss of share certificate <P align=justify>Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Lumax Industries has informed about loss of Share Certificate received from Registrar and Share Transfer Agent (RTA) of the Company KFin Technologies and/or the Shareholders of the ompany.<BR><P align=justify>The above information is a part of company's filings submitted to BSE.<BR>
05-Mar-2020 Lumax Industries informs about issue of duplicate share certificate <P align=justify>Pursuant to Regulation 39(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Lumax Industries has informed that the Company has issued Duplicate Share Certificates in lieu of Original Share Certificates, details as per attached<BR><P align=justify>The above information is a part of company's filings submitted to BSE.
05-Feb-2020 Reliance Industries, Apollo Micro Systems and Cadila Healthcare to see some action today <p align="justify"><strong>Reliance Industries</strong> has acquired additional 65,956 equity shares, representing 10.9% of the equity share capital, of Saavn Media (Saavn India) from the existing shareholders for a total consideration of Rs 653.93 crore on February 3, 2020. After acquisition, the company will hold 94.4% of the equity share capital of Saavn India.<p align="justify"><strong>Apollo Micro Systems</strong> has duly signed the Investment cum Shareholders Agreement with Ananya SIP RF Technologies (ASIP RF) in order to acquire majority stake in ASIP RF ie. 51 % equity share capital. The acquisition aims to expand the business towards new technologies by establishing a RF &amp; Microwave Design cum production facility along with integration facility. <p align="justify">The USFDA has inspected the manufacturing facility of Alidac Pharmaceuticals, <strong>Cadila Healthcare's</strong> wholly-owned subsidiary, located at SEZ, Ahmedabad from January 27 to February 4, 2020. At the end of the inspection, no observation (483) is issued. The site manufactures oncology injectables for the regulated markets.<p align="justify"><strong>Sun Pharmaceutical Industries</strong> has launched ABSORICA LD (isotretinoin) capsules in U.S. for the management of severe recalcitrant nodular acne in patients 12 years of age and older. ABSORICA LD is the only isotretinoin formulation to feature Sun Pharma's micronization technology, which utilizes micronized particles to optimize absorption at a 20% lower dose. ABSORICA LD can be taken with or without food. <p align="justify"><strong>Balmer Lawrie &amp; Company</strong> has received approval to exit from start-up- ‘Kanpur Flowercycling' by sale of 479 equity shares held by the Company to IAN Fund and IAN individuals at a total consideration of Rs 95.14 lakh. The Board of Directors of the Company at its meeting held on February 04, 2020 has approved the same.<p align="justify"><strong>Lumax Industries</strong> has redeemed commercial paper of Rs 50 crore on February 3, 2020. The said commercial paper was issued on November 7, 2019. <p align="justify"><strong>IFCI</strong> has completed the stake sale of National Stock Exchange of India (NSE) and further received an amount of approximately Rs 178.65 crore.</p>
08-Nov-2019 Lumax Industries issues Commercial Paper of Rs 50 crore <p align="justify">Lumax Industries has issued Commercial Paper (CP) amounting to Rs 50 crore, maturing in 90 days on February 03, 2020 within the limit of existing Working Capital facilities already being availed by the Company.</p><p align="justify">Lumax Industries offers a wide array of complete automobile lighting systems and solutions, which includes; stellar quality Head Lamps and Tail Lamps, Sundry and Auxiliary Lamps and other related products.<br></p>
08-Nov-2019 Lumax Industries, Infosys and Reliance Industries to to see some action today <p align="justify"><strong>Lumax Industries</strong> has issued Commercial Paper (CP) amounting to Rs 50 crore&nbsp;maturing in 90 days on February 03, 2020 within the limit of existing Working Capital facilities already being availed by the Company.</p><p align="justify"><strong>Infosys </strong>has opened New Digital Innovation Centre in Dusseldorf, Germany. The Centre will help Infosys work more closely with its clients in the region in supporting their digital transformation journey, while focusing on next-generation business suites such as SAP HANA, as well as cloud based services, Internet of Things, 5G, Artificial Intelligence and Machine Learning.</p><p align="justify">Reliance Industrial Investments and Holdings (RIIHL), a wholly owned subsidiary of <strong>Reliance Industries</strong>, has acquired 12.7% shareholding in SkyTran Inc. on a fully diluted basis with an option to further invest an amount upto USD 25 million in convertible notes. </p><p align="justify"><strong>ICICI Bank</strong> has expanded its retail network in Andhra Pradesh (AP) and Telangana by adding 57 new branches in the current fiscal. With this expansion, the bank now has a total branch network of 402 branches and extension counters in Andhra Pradesh and Telangana along with 1,580 ATMs.</p><p align="justify"><strong>Tech Mahindra</strong> has collaborated with Atidot, an Israel based InsurTech that offers predictive, analytics, Artificial Intelligence (AI) and Machine Learning (ML) tools for the life insurance and annuity companies. Through this partnership, both the companies will provide a one-of-a-kind platform to increase profitability for insurance companies by predicting customer behavior, lapse patterns and improve their cross-sell as well as up-sell capabilities.</p><p align="justify"><strong>Havells India</strong> has introduced its latest range of air-purifiers ‘Freshia', with an innovative 9-stage filtration process that promises to curb and eliminate air-borne pollutants as small as 0.3 micron, capturing pollutants up to 99.99%.</p><p align="justify"><strong>Sun Pharmaceutical Industries</strong> has reported results for second quarter ended September 30, 2019. The company has reported net profit of Rs 823.16 crore for the quarter under review as compared to net loss of Rs 806.07 crore for the same quarter in the previous year. Total income of the company increased by 20.80% at Rs 3,631.62 crore for Q2FY20 as compared Rs 3,006.24 crore for the corresponding quarter previous year.&nbsp; <br></p>
25-Oct-2019 Lumax Industries informs about PCS certificate <p align="justify">Lumax Industries has informed about submission of Certificate received from Maneesh Gupta, Practicing Company Secretary (PCS), New Delhi under Regulation 40(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended 30th September, 2019.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>