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Thursday, June 9, 2011

Lumax Auto Technologies Ltd

Founded in the year 1981, Lumax Auto Technologies Ltd is a part of the D.K. Jain Group of companies that has carved its strong position in automotive parts like sheet metal parts, fabricated assemblies, tubular parts, for two wheeler and three wheeler industry. Under the aegis of Mr. D K Jain, today Lumax Technologies has captured sizable market in its arena with an annual turnover of over Rs. 400 Crores (US $ 89 Million) including its subsidiaries. 
it has an equity of 13.63 and 626cr turnover( consolidated ) and net profit of 45.51 cr. (35.23) eps and given 60 % dividend buy at cmp 170 rs for a target of 200 in next 3 months .

http://www.bseindia.com/xml-data/corpfiling/AttachHis/Lumax_Auto_Technologies_Ltd_280511_Rst.pdf

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