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Lumax Industries spurts on commencement of commercial production in Bawal from Jan. 12

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Capital Market
Last Updated : Jan 13 2022 | 10:16 AM IST

Lumax Industries jumped 5.35% to Rs 1,220.80 after the company commenced its commercial production of electronic components for automotives, at its new manufacturing plant situated at Bawal (Haryana) on Wednesday, 12 January 2022.

Lumax Industries' consolidated net profit surged 112% to Rs 15.33 crore on a 13.9% rise in net sales to Rs 452.66 crore in Q3 FY22 over Q3 FY21.

Lumax Industries manufactures automobile lighting for the Indian automotive industry.

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First Published: Jan 13 2022 | 10:07 AM IST

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