Lumax Industries
Voltas, Lumax among 18 firms selected under PLI scheme for whitegoods
As many as 18 companies, including Voltas, MIRC Electronics, Lumax and UNO Minda, with a committed investment of Rs 2,299 crore, have been selected to avail benefits under the production-linked incentive (PLI) scheme for white goods sector, an official said on Monday. In October last year, 38 companies had filed applications with proposed investments of Rs 4,121 crore under the scheme in the third round. "In the third round of the online application window of the PLI scheme , a total of 38 applications were received. After reviewing these applications, the government has provisionally selected 18 new companies. These companies include 10 manufacturers of components of Air Conditioners and 8 manufacturers of LED Lights, with committed investment of Rs 2,299 crore," the commerce and industry ministry said. In addition, it said, six existing PLI beneficiaries have been provisionally selected to upgrade to higher investment categories, committing an additional investment of Rs 1,217 ...
 "Voltas, Lumax among 18 firms selected under PLI scheme for whitegoods")
Lumax Ind freezes at 20% upper circuit on strong Q2 results, capex plan
The board has approved the company's plan to set up new manufacturing unit in Chakan, Pune to cater to the orders received from OEMs
 "Lumax Ind freezes at 20% upper circuit on strong Q2 results, capex plan")
Lumax Industries moves Delhi HC over trademark infringement dispute
Lumax Industries Ltd has filed a suit in Delhi High Court seeking to restrain Hindustan Auto Industries Ltd in relation to a dispute on purported trademark infringement and device marks.
 "Lumax Industries moves Delhi HC over trademark infringement dispute")
PLI scheme: Auto component companies hope to pare imports
It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in India
 "PLI scheme: Auto component companies hope to pare imports")
Lumax revenue up 30% at Rs 504 crore in Q4FY21; revenue drops 11%
Automobile lighting major Lumax Industries has reported revenue of Rs 504 crore for Q4 FY21 as against Rs 387 crore in the same period of previous fiscal, marking a 30 per cent increase
 "Lumax revenue up 30% at Rs 504 crore in Q4FY21; revenue drops 11%")
Lumax Industries plunges 11% on weak March quarter results
The company said, the auto OEMs are currently facing a challenging time, which is likely to impact the performance of the auto component industry.
 "Lumax Industries plunges 11% on weak March quarter results")
Lumax surges 10% as Edelweiss initiates coverage with 'buy' rating
In past one week, post Q2FY18 earnings, the stock rallied 18%, as compared to 1% decline in the S&P BSE Sensex
 "Lumax surges 10% as Edelweiss initiates coverage with 'buy' rating")
Lumax Industries extends gain after Ashish Kacholia buys 0.7% stake
The stock rallied 8% to Rs 1,575 in intra-day trade, extending its Tuesday's 6% gain on the BSE.
 "Lumax Industries extends gain after Ashish Kacholia buys 0.7% stake")
Lumax Industries surges 13% on order win from Maruti Suzuki
In past one-year, Lumax Industries has zoomed 235% as compared to 14% rise in the S&P BSE Sensex.
 "Lumax Industries surges 13% on order win from Maruti Suzuki")
Lumax Industries, Minda Industries, Endurance Technologies hit record highs
In past three months, the market price of these three companies has gain more than 25% each
 "Lumax Industries, Minda Industries, Endurance Technologies hit record highs")
Lumax Industries rallies over 10% on Rs 100 crore capex plan
The stock moved higher by 11% to Rs 1,180, also its record high on the BSE
 "Lumax Industries rallies over 10% on Rs 100 crore capex plan")
