/ Ways2Capital : Lumax’s Net Profit Down 40% Stock Down By 4.92% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 6 February 2017

Lumax Auto Technologies fell 4.80% as the company posted net profit that is down by 40% at Rs 4.2 crore vs Rs 7 crore (YoY). The Q3 consolidated results for the quarter registered a miss versus consensus estimates. The company’s EBITDA is down by 6.8% at Rs 14.2 cr vs Rs 15.3 cr (YoY).

While, the EBITDA margin stands at 6.1% vs 7% (YoY). Revenue for the quarter has come in 12.8 % lower than the estimated figure of Rs 266 crore. The stock has delivered a return of 39.06% in a period of one year, outperforming the BSE Small-cap index and the BSE Auto index over the same time span.

Lumax Auto Technologies Ltd closed at Rs 439.25, down by Rs 23 or 4.98% from its previous closing of Rs 462.25 on the BSE.

The scrip opened at Rs 467 and has touched a high and low of Rs 470 and Rs 432.05 respectively. So far 100830(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 630.05 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 557 on 01-Nov-2016 and a 52 week low of Rs 260 on 18-Mar-2016. Last one week high and low of the scrip stood at Rs 480.6 and Rs 446.1 respectively.

The promoters holding in the company stood at 55.64 % while Institutions and Non-Institutions held 19.71 % and 24.65 % respectively. The stock is currently trading below its 100 DMA.

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