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18 Oct 2017

DIWALI BONANZA- Multibagger in Making - Lumax Auto-CMP 570, Targets- 750 to 850++

Lumax Auto Technologies Limited commenced operations in 1981 manufacturing diverse products catering to the two, three and four-wheeler segmentsIt has 12 manufacturing facilities across 5 states, 1 R&D centre, multiple product lines, 5 international partnerships and a pan-India marketing presence, making it one of the leading integrated auto components manufacturers in India. With over three decades of experience in manufacturing automotive components for leading Original Equipment Manufacturers (OEMs) and the aftermarket segment, the company is a leader in the automotive gear shifter technologies being the only one in the country having the competencies to manufacture and supply gear lever for electric cars. The company has 5 subsidiaries and 2 JVs and the consolidated revenue for the FY17 was Rs 1012 crores.


The company offers wide range of product and services such as Intake Systems, Integrated Plastic modules, 2-Wheeler Chassis & Lighting, Gear Shifters, Seat Structures & Mechanisms, LED Lighting, Aerospace & Defence Engineering Services, Aftermarket Domestic & Exports and Electrical & Electronics Components among others. In order to provideworld class products and services, the company has collaborated with Cornaglia, Italy, Mannoh, Japan, Gill Industries, USA, Austem, South Korea, Sipal, Italy, Alpine, Japan and Ituran, Israel making it the most trusted brand in all the segments.