New Delhi, July 8 -- Lumax Auto is a prominent player in the automotive industry as a leading manufacturer of gear shifters and interior solutions. With a more than 80% market share among passenger-vehicle customers, the company has laid out an ambitious roadmap for the coming years.
Its stock has surged 120% in a matter of months - from Rs.509 on 2 May to around Rs.1,113 at present, reflecting investor optimism around this plan.
At the heart of this optimism is Lumax's next mid-term plan for FY26-31, dubbed the '20-20-20-20 NorthStar' strategy. The four-part goal includes minimum 20% annual revenue growth, a 20% margin, a 20% return on capital employed (RoCE), and a revenue contribution of over 20% from clean mobility solutions.
If ac...
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