LUMAXAUTO : GOOD PRICE VOLUME ACTION
# LUMAX AUTO TECH
NEWS
Acquisition of IAC International Automotive allows us to move up the value chain.
We can do revenue of ₹3,500 crore with 13% EBITDA margin in FY25,
& looking at doubling the aftermarket revenue in 3 years, says Anmol Jain of Lumax Auto Technologies.
THE STOCK BROKEN THE DOWNTRENDLINE WITH GOOD VOLUME.
ALSO HOLD ABOVE THE 200 EMA LINE.
Didclaimer : Personal view only . No Buy Sell Recomendation.
NEWS
Acquisition of IAC International Automotive allows us to move up the value chain.
We can do revenue of ₹3,500 crore with 13% EBITDA margin in FY25,
& looking at doubling the aftermarket revenue in 3 years, says Anmol Jain of Lumax Auto Technologies.
THE STOCK BROKEN THE DOWNTRENDLINE WITH GOOD VOLUME.
ALSO HOLD ABOVE THE 200 EMA LINE.
Didclaimer : Personal view only . No Buy Sell Recomendation.
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