Posts tagged lux industries
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| Lux Industries Ltd is well-poised for growth on the back of increasing share of premium products. Buy for target price of Rs 1802: SMIFS | |
| Company: | Lux Industries |
| Brokerage: | SMIFS |
| Date of report: | November 15, 2022 |
| Type of Report: | Result Update |
| Recommendation: | Buy |
| Upside Potential: | 6% |
| Summary: | Lux Industries Ltd. Brands like Lux Cozi, Lyra & ONN are doing well Lux Industries Ltd. (LUX), reported weak performance in Q2FY23 in a challenging business environment of volatile raw material prices. Revenues in Q2FY23 increased by ~1.4% YoY, however volumes declined by ~8% YoY (volumes in H1FY23 grew by ~3% YoY). Growth in volumes […] |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | SMIFS |