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Lux Inds hits record high on recent rally

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Capital Market
Last Updated : Aug 23 2017 | 11:47 AM IST

Lux Industries rose 2.21% to Rs 1,266.50 at 11:18 IST on BSE, with the stock extending recent strong gains.

Meanwhile, the S&P BSE Sensex was up 153.53 points, or 0.49% at 31,454.46. The S&P BSE Mid-Cap index was up 105.26 points, or 0.71% at 15,030.15.

On the BSE, 6,036 shares were traded on the counter so far as against the average daily volumes of 32,576 shares in the past one quarter. The stock had hit a high of Rs 1,277 so far during the day, which is also its record high. The stock hit a low of Rs 1,250.05 so far during the day. The stock had hit a 52-week low of Rs 576.10 on 20 September 2016.

The stock had outperformed the market over the past one month till 22 August 2017, advancing 6.31% compared with the Sensex's 2.3% fall. The scrip had also outperformed the market over the past one quarter gaining 51.58% as against the Sensex's 2.36% rise. The scrip had also outperformed the market over the past one year advancing 97.27% as against the Sensex's 11.81% rise.

The mid-cap company has equity capital of Rs 5.05 crore. Face value per share is Rs 2.

Shares of Lux Industries rose 13.75% in five trading sessions to its current market price of Rs 1,266.50, from a close of Rs 1,113.40 on 16 August 2017.

Lux Industries' net profit rose 26.9% to Rs 19.59 crore on 3.6% increase in net sales to Rs 279.57 crore in Q4 March 2017 over Q4 March 2016.

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Lux Industries makes various kinds of hosiery products for men, women and children.

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First Published: Aug 23 2017 | 11:20 AM IST

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