Lux Industries

Dishman Carbogen, PDS, Lux Industries, Intellect Design and J Kumar Infraprojects can rally up to 27% from here on suggests technical charts. Track key support and resistance levels here.

At the operating front, earnings before interest taxes, depreciation and amortisation (Ebitda), zoomed 79.2 per cent on a Y-o-Y basis to Rs 75.6 crore in Q4FY24, from Rs 42.2 crore in Q4FY23

Stocks to watch on May 31: Swan Energy reported a decline in profit by 10.5 per cent year on year (Y-o-Y) to Rs 55.5 crore as against Rs 62.1 crore in Q4FY23

The global consumer major also saw negative price impacts on its fabric cleaning business

Sebi on Monday revoked the securities market ban imposed on 14 entities in the matter of alleged insider trading in Lux Industries Ltd saying the charges levelled against them could not be sustained. The 14 entities include Udit Todi, the son of the managing director of Lux, who is currently holding the post of executive director in the company, according to Sebi's order. The regulator, through its interim order passed in January 2022, barred 14 entities from indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter. Later, the directions were confirmed by Sebi in May 2022. After the conclusion of the investigation into the matter, Sebi said that a restraining direction issued against these entities through an interim order and a confirmatory need not be continued. Also, it said that Rs 2.94 crore impounded in the matter will be released, along with the interest. Revoking the securities market ban, Sebi observed that the "flow of communica

The Income Tax department Friday conducted search operations at the various premises of hosiery major city-based Lux Industries Limited, the company said in a regulatory filing. It is alleged that the company had evaded taxed to the tune of Rs 200 crore. The company in its regulatory filing with the BSE said that a search is being conducted at the premises of the firm and full cooperation is being extended to the central agency's officials. "We would like to further inform that as the survey is yet to conclude, we are unable to make the assessment of its impact. Once the survey concludes the company will update the stock exchanges in case there is any material impact resulting from the above survey," the company said. The company shares fell 3.02 per cent on the NSE and closed at Rs 1473.50 apiece.

The BSE Sensex and the Nifty 50 stand currently 10 per cent higher from the May 2021 levels, and if positive sentiment continues, the market may repeated a similar bull run.

The stock of Kolkata-based hosiery maker quoted lower for the sixth straight day, and was down 35 per cent during the period.

Those barred included Udit Todi, company's executive director and son of the MD

Those banned by Sebi include Udit Todi, the son of the managing director of Lux, and is currently holding the post of executive director in the company

With a 20 per cent jump on June 1, 2021, the stock of PNB Housing Finance has conquered the resistance of Rs 600 levels.

Analysts at Anand Rathi Share and Stock Brokers retain their 'Buy' rating on Lux Industries with a revised target price of Rs 3,344

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Mahindra Holidays & Resorts, Lux Industries, Dish TV India and Borosil rallied more than 10 per cent on the BSE in intra-day trade

The management expects the April-June quarter (Q1FY22) to be relatively weak due to the pandemic and expect to improve gradually from the second quarter

Around 1.09 million equity shares, representing 4.31 per cent of total equity, of Lux Industries changed hands via two block deals on the BSE

With One8 we intend to make a substantial inroad in men's premium innerwear segment, says Virat Kohli

In past two trading sessions, the market price of Jindal Worldwide and TT have rallied more than 33

Reliance MF acquired 1.76% stake in Lux Industries at price of Rs 900 per share on BSE

This will reduce per unit price and increase deliverable quantity, thereby enhancing buying capacity, coupled with liquidity