Archive · 20 Nov 2025
Analyst Upgrades Lumax Auto to 'Buy', Targets ₹1,860
Lumax Auto Technologies makes car parts.
They work with international companies to make good parts for Indian cars.
An analyst says they're doing well and will keep making more money.
They think Lumax's stock will be worth ₹1,860 in the future.
Lumax Auto Technologies manufactures and supplies automotive components for two-, three-, and four-wheelers.
The company has successfully partnered with international manufacturers to serve Indian OEMs at competitive costs.
Analyst expects more collaborations with global partners, driving earnings and consistent growth.
Earnings are projected to outpace revenue and EBITDA growth, supported by expansion of high-margin products and acquisitions.
Analyst assigns a 35x multiple to September 2027 EPS, targeting ₹1,860.
- Who
- Lumax Auto Technologies
- What
- Upgraded to 'Buy' by analyst
- When
- November 19, 2025
- Where
- Not specified
- Why
- Due to successful partnerships and expected growth
- Established
- 1981
- Partners
- Several international companies
- Target Price
- ₹1,860
- Current Price
- ₹1,396.80
- EPS Multiple
- 35x
