Lumax Industries commences commercial production at new plant in Ahmedabad; Stock spurts ~4%

30 Mar 2022 , 09:45 AM

Lumax Industries Limited has commenced its commercial production at its new manufacturing plant situated in Ahmedabad, Gujarat on March 29, 2022.

Earlier this month the company has shifted its entire operations (including all assets) of Manesar Plant to its Electronics Plant situated at Bawal, Haryana for operational efficiency.

The company stock was bullish amid strong markets, touching a high of Rs929.70 apiece on Wednesday morning. Ata round 9.45 am, Lumax Industries Ltd was trading at Rs924.50 apiece up by Rs33.8 or 3.79% from its previous closing of Rs890.70 apiece on the BSE.