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Lumax Auto extends fall to 3rd day, slips 5% despite issuing clarification

The company said it has received information that certain entities are circulating unsolicited / unauthorised SMS / Whatsapp messages regarding the shares / securities of the Company.

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SI Reporter Mumbai
Shares of Lumax Auto Technologies (LATL) slipped 5 per cent to Rs 245.05 on the BSE in Wednesday’s intra-day trade even after the company issued clarification on circulation of unsolicited / unauthorised messages related to its shares. 

The stock of auto components & equipments company was trading lower for the third straight day, down 9 per cent during the period. In comparison, the S&P BSE Sensex was down 0.59 per cent at 59,061 at 01:20 pm. The stock had hit a record high of Rs 312 on September 15, 2022.

LATL said that the company has received information