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Showing posts from October 18, 2017

DIWALI BONANZA- Multibagger in Making - Lumax Auto-CMP 570, Targets- 750 to 850++

Lumax Auto Technologies Limited commenced operations in  1981 manufacturing diverse products  catering to the  two, three and four-wheeler segments . It has 12 manufacturing facilities across 5 states, 1 R&D centre, multiple product lines, 5 international partnerships and a pan-India marketing presence, making it one of the leading integrated auto components manufacturers in India . With over three decades of experience in manufacturing automotive components for  leading Original Equipment Manufacturers (OEMs) and the aftermarket segment,   the company is a leader in the automotive gear shifter technologies being the only one in the country having the competencies to manufacture and supply gear lever for electric cars. The company has  5 subsidiaries and 2 JVs  and the consolidated revenue for the FY17 was  Rs 1012 crores . The company offers wide range of product and services such as  Intake Systems, Integrated Plastic modules, 2-Wheeler Chassis & Lighting, Gear Shif