Lux Inds hits record high on recent rally

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.

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

Powered by Capital Market - Live News