Hot Pursuit     15-Jun-17
Lux Inds hits record high
Lux Industries rose 4.09% at Rs 1,085 at 10:52 IST on BSE, with the stock extending Wednesday's rally triggered by the Reliance Mutual Fund purchasing the company's shares.

Meanwhile, the S&P BSE Sensex was up 8.41 points or 0.03% at 31,164.32. The S&P BSE Small-Cap index rose 82.85 points or 0.53% at 15,671.53.

On the BSE, 95,000 shares were traded on the counter so far as against the average daily volumes of 1.24 lakh shares in the past two weeks. The stock had hit a high of Rs 1,114 so far during the day, which is a record high. The stock hit a low of Rs 1,039.05 so far during the day. The stock had hit a 52-week low of Rs 570.45 on 18 August 2016.

The stock had outperformed the market over the past one month till 14 June 2017, advancing 26.96% compared with the Sensex's 3.21% rise. The stock had also outperformed the market over the past one quarter, gaining 59.65% as against the Sensex's 5.82% rise. The scrip had also outperformed the market over the past one year, surging 69.56% as against the Sensex's 18.03% rise.

The small-cap company has equity capital of Rs 5.05 crore. Face value per share is Rs 2.

Shares of Lux Industries have risen 20.37% in two trading sessions from its closing of Rs 901.35 on 13 June 2017, after the Reliance Mutual Fund purchased bulk shares of the company via bulk deal on Tuesday, 13 June 2017. The stock had spurted 15.64% to settle at Rs 1,042.35 yesterday, 14 June 2017.

Valuead Securities sold 5.62 lakh shares of apparel firm Lux Industries at Rs 901.64 per share in a bulk deal on the BSE on 13 June 2017. Reliance Mutual Fund bought 4.44 lakh shares at Rs 900.4 per share.

Valuead Securities held 2.23% stake in Lux Industries end March 2017.

Lux Industries' net profit rose 26.9% to Rs 19.59 crore on 3.6% growth 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.

Previous News
  Lux Industries consolidated net profit rises 118.16% in the March 2021 quarter
 ( Results - Announcements 26-May-21   07:50 )
  Lux Industries to hold board meeting
 ( Corporate News - 21-May-24   15:34 )
  Board of Lux Industries approved restructuring of business into four verticals
 ( Corporate News - 22-Nov-23   18:36 )
  Lux Industries announces resignation of CFO
 ( Corporate News - 06-Dec-22   13:08 )
  Lux Industries AGM scheduled
 ( Corporate News - 12-Aug-22   17:33 )
  Lux Industries to table results
 ( Corporate News - 23-Jan-24   12:12 )
  Lux Industries standalone net profit declines 21.74% in the September 2017 quarter
 ( Results - Announcements 05-Dec-17   17:27 )
  Lux Ind soars after Q4 PAT rises 118% YoY
 ( Hot Pursuit - 26-May-21   11:00 )
  Volumes soar at Lux Industries Ltd counter
 ( Hot Pursuit - 23-Dec-19   11:00 )
  Lux Industries to conduct board meeting
 ( Corporate News - 31-Oct-20   17:03 )
  Lux Inds spurts as Reliance MF buys shares
 ( Hot Pursuit - 14-Jun-17   10:48 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top