LUMAX AUTO SHARE PRICE TARGET 2023,2024,2025,2026,2027,2028,2029,2030,2040
Hello friends, welcome to our share price target, here in this article we are going to tell you about LUMAX AUTO share price target 2023,2024,2025,2026,2027,2028,2029,2030,2040 with share price target. -We are also going to give you basic information about the company.
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LUMAX AUTO SHARE PRICE TARGET 2023,2024,2025,2026,2027,2028,2029,2030,2040
LUMAX AUTO TECHNOLOGY LIMITED Company’s information:-
Lumax Auto Technology Limited is a publicly listed company established in 1981. The company is part of the DK Jain Group.
The company started its operations as a two wheeler lighting manufacturing company.
With the continuous efforts of the company, Lumax Auto Technologies has developed a wide range of products including intake systems, integrated plastic modules, 2-wheeler chassis and lighting, gear shifters, seat structures and mechanisms, electrical and electronics. Has made its mark in automotive products like components etc.
Lumax Auto Technologies has set up 13 state-of-the-art manufacturing facilities across the country. It also partners with global automotive industry leaders such as Cornaglia, Gil-Ostem, Mannoh, Alpine, Ituran and FAE for world-class products and services.
It also manufactures and supplies gear levers for electric cars, plastic molded parts and frame chassis.
The company caters to the needs of Original Equipment Manufacturers (OEMs) across India and the world through its products.
It includes headlamp, tail lamp, seat frame and adjuster motor. The company’s subsidiaries also include Lumax Energy Solutions Private Limited and Velomax Mobility Private Limited.
Lamax has a large customer base in the automobile industry with customers like Bajaj Auto, Maruti Suzuki, Ashok Leyland, Hero MotoCorp, Mahindra, Tata, Toyota, Skoda etc.
The company is one of the few integrated companies in India as it has strong R&D capabilities along with developed technical capability, capability to design and manufacture the products and is the only company in the country to manufacture gearlever for electric cars. manufacturer and supplier
LUMAX AUTO SHARE PRICE TARGET 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030,2040
We are here at Financesharetargets.in to give you the estimated information about share price Target for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030,and 2040 Please note one thing that this price target is only a suggestion made by our analysis. The price target which is done by us that will be accurate/correct is almost impossible. Errors are always present in any analysis, but we try our best to give you good price target
LUMAX AUTO SHARE PRICE TARGET 2023
The share of OEM segment in the revenue of FY 2022 is 80%, while the share of aftermarket segment is 20% in the revenue. Thus, the company has a good hold in the OEM segment due to which we can always expect growth of the company in this sector. Considering this, according to our analysis, the first target for Lumax Auto share price target 2023 can be at ₹240 and the second target can be at ₹300.
LUMAX AUTO SHARE PRICE TARGET 2024
Major customers of the company in the domestic market include Bajaj Auto, HMSI, Maruti Suzuki, M&M, Lumax Industries, Toyota Motors. Thus, the company supplies its products to major big companies. In this way, the customer list of the company is also quite good due to which In view of this, we can expect the production capacity of the company to increase in the coming time. According to our analysis, the first target for Lumax Auto share price target 2024 can be at ₹ 320, the second target can be at ₹ 380.
LUMAX AUTO SHARE PRICE TARGET 2025
The management of Lumax Auto is working towards growing in the areas where it has a strong presence and global presence, thus the company is also striving for the development of its area so that the company can earn even more profits in the coming time. Due to which the company’s shares can be expected to rise with good profits and better returns, given that according to our analysis, the first target for Lumax Auto Share Price Target 2025 can be at ₹ 400 and the second target can be at ₹ 450.
LUMAX AUTO SHARE PRICE TARGET 2026
According to the information available on the company’s website, in the coming years, the organization is striving to expand its company by taking advantage of new technology partnership opportunities in specific areas and utilizing the existing capabilities so that the company can become a leader in its field in the coming time. This company can be successful in growth due to which this company can expand further, considering that according to our analysis, the first target for Lumax Auto share price target 2026 can be at ₹ 470 and the second target can be at ₹ 520.
LUMAX AUTO SHARE PRICE TARGET 2027
The company has also received many awards and recognitions both at the domestic and international level which can be seen from the good position of the company in both the domestic and international markets. It can be expected that in the coming times the company will gain popularity especially at the international level. Considering that it can be successful in increasing the sales of its products, according to our analysis, the first target for Lumax Auto Share Price Target 2027 can be achieved at ₹ 540 and the second target can be achieved at ₹ 590.
LUMAX AUTO SHARE PRICE TARGET 2028
The company partners with global automotive industry leaders such as Cornaglia, Gil-Ostem, Mannoh, Alpine, Ituran and FAE to deliver world-class products and services. The company is one of the leading automotive component manufacturers in the country with its partnership and pan-India marketing presence. Thus, the company maintains its good presence. Expecting similar presence in future also. According to our analysis, Lumax Auto Share Price Target for 2028, the first target can be at ₹ 610 and the second target can be at ₹ 650.
LUMAX AUTO SHARE PRICE TARGET 2029
The company has a well-diversified customer and product portfolio due to which the company is in a better position and the company is also working towards developing its portfolio with time so that in the coming times A stronger position of the company can be anticipated in 2029, given our analysis, the first target for Lumax Auto Share Price Target 2029 can be achieved at ₹ 670 and the second target can be achieved at ₹ 720.
ADANI WILMAR SHARE PRICE TARGET 2030
Lumax auto technology limited is the only company in India that manufacturers and supplies gear levers for electric cars, which can understand the company’s strategy of manufacturing electric cars and the way electric vehicles will be developed in the future. Technology is progressing for development, hence this company is also seen getting benefit in the coming time, due to which with the development of the company, its shares can be expected to increase and better returns in the coming time, seeing this in our According to the analysis, the first target for Lumax Auto share price target 2030 can be at ₹ 750 and the second target at ₹ 800.
LUMAX AUTO SHARE PRICE TARGET 2040
The way the company is developing its good network and production capacity of good products and is also trying to improve its level in the domestic and international markets, the prospects of good growth of the company in the coming time can be estimated. Considering this, according to our analysis, the first target for lumax auto share price target 2040 can be at ₹ 1,200 and the second target at ₹ 1,300.
Conclusion:- In conclusion, we can say that the company is currently moving towards its good growth, due to which we can expect this company to expand in the future and along with this, we can also expect its share price to increase.
Our suggestion:-
Lumax Auto Technology Limited produces and sells all its products in the best possible manner and the major customers of the company in the domestic market are big companies. This shows the good condition of the company and the expansion of this company is anticipated in the near future. Can be done due to which its shares can be expected to increase. In such a situation, if you are an experienced investor then you can decide for yourself whether you should invest in this company or not and if you are a new investor then you can invest in this company. Be sure to get related information from the company and you can also get basic information by visiting the company’s website and also you must take advice from your financial advisor.
RISK OF Lumax AutoTechnologies Ltd
Talking about the risks of the company, the slowdown in economic activities can affect the company’s revenue and profit.
2) Also, fluctuations in the prices of raw materials can also affect the company.
3) Increasing competition in the OEM segment can also affect the company. can influence
FUTURE OF Lumax AutoTechnologies Ltd
Talking about the future of the company, the way the company adapts its products with the demand of time, like it is the only company in India which is a manufacturer and supplier of gear lever for electric cars, similarly the company will be successful in the future
. It is striving for its expansion so that a bright future can be expected with similar development of the company in the coming times.
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