Lux Industries which is one of the leading manufacturers of textile and apparel in India has established its position in the innerwear segment. The company has developed great product designs. Analyzing the future growth potential of this stock is very critical to many investors observing the performance of lux industries share price target. This article looks at the company’s liquidities, shareholders’ structure, institutional investors, stock, and shares up to 2040.
Details About The lux Industries Company
Lux industries Ltd is an Indian based company which was established in 1957, with a focus on the innerwear segment. The company offers a portfolio of more than 100 products, thus targeting as many segments as possible with some key focus on both the urban and rural populations. Lux industries are famous for its products such as Lux Cozi, Lyra, and ONN. Their commitments to both quality and innovation have allowed the company to remain a market leader in this strictly competed industry.
Market Cap | 56.22 billion |
Enterprise Value | 3,461.43 Cr |
52 Week High/Low | 2,493.00 and |
Stock P/E | 34.70 |
Book Value | 8.48 |
Dividend Yield | 0.11 |
ROCE | 11.0 % |
ROE | 8.2 % |
Face Value | 2.00. |
Price to Book Value | 3.38 |
EPS | 53.51 |
Debt | ₹2.2B |
Promoters Holding | 74.19% |
Key Financial Statistics For lux Industries
To gauge the performance of Lux Industries, examining its key financial metrics is essential:
– Revenue (FY 2023): ₹2450 crore
– Net Profit (FY 2023): ₹270 crore
– Earnings Per Share (EPS): ₹85
– Price-to-Earnings (P/E) Ratio: 23x
– Market Capitalization: Approximately ₹18,000 crore
– Debt-to-Equity Ratio: 0.2
Revenue | 677.45Cr |
Net income | 51.18Cr |
Diluted EPS | 17.02 |
Net profit margin | 7.55% |
Shareholding Pattern of lux Industries Share Price Target
Lux Industries’ shareholding pattern as of the latest quarter reflects confidence among promoters and institutional investors:
– Promoter Holding:
– Foreign Institutional Investors (FIIs):
– Domestic Institutional Investors (DIIs):
– Retail Investors:
HOLDING | Sep 2024 | June 2024 |
Promoters Holding | 74.2% | 74.2% |
FII Holding | 1.1% | 0.8% |
DII Holding | 4.8% | 4.8% |
Public Holding | 19.8% | 20.1% |
Institutional Investor Trends of lux Industries Share Price Target
According to the company data, Lux Industries’ institutional investor appeal has risen in the past year. The emerging stakeholder groups – mutual funds and FIIs have been regularly buying up the stock with help from the company’s fundamentals and good growth prospects. The presence of large funds increases investor confidence due to it showing the growth prospects of the economy.
Institutional Investor Trends of lux Industries Share Price Target
The performance of lux industries share price target which refers to stocks that show volatility but remained strong in most of the years. The growth has been fairly consistent and on a steeper field because of better machinery through continuous improvements in earnings. Benchmarking it with Nifty and BSE Sensex and found to outperform it among them investing into Motilal Oswal Focused Growth Fund.
Get lux Industries Share Price Target 2024
It is believed that the consistent demand in the home market would be capable of supporting Lux Industries to sustain the growth pace in 2024.
Year | Price Target |
2024 | ₹1,593.86 |
Get lux Industries Share Price Target 2025
In case of further extension of product portfolio and perfect advertising and selling strategies, the stock price might go higher up to ₹1804.83 by the end of 2025.
Year | Price Target |
2025 | ₹1,804.83 |
Get lux Industries Share Price Target 2026
For the year ended 2026 Lux industries expected results from new international markets.
Year | Price Target |
2026 | ₹2,043.72 |
Get lux Industries Share Price Target 2027
New product lines in the year 2027 might be established to be environmental-friendly products, material products or eco-friendly products.
Year | Price Target |
2027 | ₹2,314.24 |
Get lux Industries Share Price Target 2028
The scenario to be expected in 2028 looks quite bright when it comes to Lux Industries export revenues are assumed to be dominating.
Year | Price Target |
2028 | ₹2,620.57 |
Get lux Industries Share Price Target 2029
New brand extensions and sustained growth as well as impressive financials are expected to leave the share price at ₹2967.44 per share by 2029.
Year | Price Target |
2029 | ₹2,967.44 |
Get lux Industries Share Price Target 2030
It may be achieved by attaining long-term strategic objectives, including further market expansion and the development of customer loyalty by 2030.
Year | Price Target |
2030 | ₹3,360.23 |
Factors Contributing To Growth Risk And Challenge Of lux Industries
Lux Industries’ growth can be attributed to several factors:
Strong Brand Equity: Many of the company’s popular brands have a high level of customer retention.
Expanding Market Reach: Prolific strategic growth in the tier-2 and tier-3 markets and the international markets gives immense opportunities.
Regulatory Risks: In addition, tax policies and, more importantly, the regulations surrounding importing and exporting may be the cause of difficulties.
Economic Slowdowns: One of them is that reduced consumption by the populace will dampen sales.
Technical Analysis of lux Industries
– Support Level: ₹1,400
– Resistance Level: ₹1,800
– Moving Averages: It is above middle and upper moving averages suggesting an extended uptrend.
– Relative Strength Index (RSI): Currently at 65 which means moderate buying interest.
They should leverage these technical indicators in their decision making, so as to make informed investment decisions.
Conclusion
Lux Industries is a leading company in Bangladesh particularly in the innerwear segment due to its sound financial position, its distribution channel and selling points and more appealing and competitive products it introduced in the recent past. All these a (facts) could be daunting to the company.
FAQs
At this moment the price for Lux Industries’ stock is around ₹1,593.86
Of course, referring to the financial statements of Lux Industries, one can state that it pays regular dividends to the shareholders.
These are factors such as brand image, market segment, product-spread and technology.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.