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Lumax Industries Limited
Buy, Hold or Sell?

Let's analyse Lumax Industries Limited together

PenkeI guess you are interested in Lumax Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Lumax Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Lumax Industries Limited (30 sec.)










What can you expect buying and holding a share of Lumax Industries Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.65
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR624.30
Expected worth in 1 year
INR1,017.27
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR446.97
Return On Investment
18.5%

For what price can you sell your share?

Current Price per Share
INR2,411.70
Expected price per share
INR2,121 - INR2,524
How sure are you?
50%

1. Valuation of Lumax Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR2,411.70

Intrinsic Value Per Share

INR-212.88 - INR106.16

Total Value Per Share

INR411.42 - INR730.46

2. Growth of Lumax Industries Limited (5 min.)




Is Lumax Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$70m$59m$11m15.7%

How much money is Lumax Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$12.3m$4.8m$7.4m60.5%
Net Profit Margin4.4%2.3%--

How much money comes from the company's main activities?

3. Financial Health of Lumax Industries Limited (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#426 / 564

Most Revenue
#167 / 564

Most Profit
#168 / 564

Most Efficient
#248 / 564

What can you expect buying and holding a share of Lumax Industries Limited? (5 min.)

Welcome investor! Lumax Industries Limited's management wants to use your money to grow the business. In return you get a share of Lumax Industries Limited.

What can you expect buying and holding a share of Lumax Industries Limited?

First you should know what it really means to hold a share of Lumax Industries Limited. And how you can make/lose money.

Speculation

The Price per Share of Lumax Industries Limited is INR2,412. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Lumax Industries Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Lumax Industries Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR624.30. Based on the TTM, the Book Value Change Per Share is INR98.24 per quarter. Based on the YOY, the Book Value Change Per Share is INR33.50 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR13.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Lumax Industries Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.320.1%1.320.1%0.520.0%0.870.0%0.690.0%
Usd Book Value Change Per Share1.180.0%1.180.0%0.400.0%0.570.0%0.530.0%
Usd Dividend Per Share0.160.0%0.160.0%0.080.0%0.240.0%0.190.0%
Usd Total Gains Per Share1.340.1%1.340.1%0.490.0%0.810.0%0.720.0%
Usd Price Per Share21.23-21.23-10.65-16.67-13.86-
Price to Earnings Ratio16.04-16.04-20.36-29.36-26.07-
Price-to-Total Gains Ratio15.83-15.83-21.89-29.17-26.89-
Price to Book Ratio2.83-2.83-1.69-2.70-2.80-
Price-to-Total Gains Ratio15.83-15.83-21.89-29.17-26.89-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share28.9404
Number of shares34
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.160.24
Usd Book Value Change Per Share1.180.57
Usd Total Gains Per Share1.340.81
Gains per Quarter (34 shares)45.5927.63
Gains per Year (34 shares)182.37110.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1221601723377101
24432135466155212
36648153699232323
488641718133309434
5110802900166387545
61329621082199464656
715411221264232542767
817612831446265619878
919814431628298696989
10220160318103317741100

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.01.00.094.1%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.01.00.094.1%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%

Fundamentals of Lumax Industries Limited

About Lumax Industries Limited

Lumax Industries Limited manufactures, trades in, and supplies auto components for two wheelers, four wheelers, commercial and passenger vehicles, and tractors/farm equipment in India and internationally. The company offers automotive lighting systems, including head and tail lamps, LED lamps, and sundry and auxiliary lamps, as well as electronic components. It serves automotive original equipment manufacturers. Lumax Industries Limited was founded in 1945 and is based in Gurugram, India.

Fundamental data was last updated by Penke on 2024-03-10 17:59:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Lumax Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Lumax Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Lumax Industries Limited to the Auto Parts industry mean.
  • A Net Profit Margin of 4.4% means that ₹0.04 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Lumax Industries Limited:

  • The MRQ is 4.4%. The company is making a profit. +1
  • The TTM is 4.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.4%TTM4.4%0.0%
TTM4.4%YOY2.3%+2.1%
TTM4.4%5Y3.6%+0.8%
5Y3.6%10Y3.3%+0.3%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4%3.9%+0.5%
TTM4.4%3.6%+0.8%
YOY2.3%3.5%-1.2%
5Y3.6%2.9%+0.7%
10Y3.3%4.0%-0.7%
1.1.2. Return on Assets

Shows how efficient Lumax Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Lumax Industries Limited to the Auto Parts industry mean.
  • 5.5% Return on Assets means that Lumax Industries Limited generated ₹0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Lumax Industries Limited:

  • The MRQ is 5.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.5%TTM5.5%0.0%
TTM5.5%YOY2.6%+2.9%
TTM5.5%5Y4.8%+0.8%
5Y4.8%10Y4.5%+0.3%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ5.5%1.2%+4.3%
TTM5.5%1.0%+4.5%
YOY2.6%1.0%+1.6%
5Y4.8%1.0%+3.8%
10Y4.5%1.2%+3.3%
1.1.3. Return on Equity

Shows how efficient Lumax Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Lumax Industries Limited to the Auto Parts industry mean.
  • 17.7% Return on Equity means Lumax Industries Limited generated ₹0.18 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Lumax Industries Limited:

  • The MRQ is 17.7%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 17.7%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ17.7%TTM17.7%0.0%
TTM17.7%YOY8.3%+9.4%
TTM17.7%5Y14.0%+3.7%
5Y14.0%10Y14.0%0.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ17.7%2.4%+15.3%
TTM17.7%2.2%+15.5%
YOY8.3%2.1%+6.2%
5Y14.0%1.8%+12.2%
10Y14.0%2.3%+11.7%

1.2. Operating Efficiency of Lumax Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Lumax Industries Limited is operating .

  • Measures how much profit Lumax Industries Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Lumax Industries Limited to the Auto Parts industry mean.
  • An Operating Margin of 7.9% means the company generated ₹0.08  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Lumax Industries Limited:

  • The MRQ is 7.9%. The company is operating less efficient.
  • The TTM is 7.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ7.9%TTM7.9%0.0%
TTM7.9%YOY5.1%+2.8%
TTM7.9%5Y6.1%+1.8%
5Y6.1%10Y5.1%+1.0%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9%6.0%+1.9%
TTM7.9%3.6%+4.3%
YOY5.1%4.6%+0.5%
5Y6.1%4.9%+1.2%
10Y5.1%4.8%+0.3%
1.2.2. Operating Ratio

Measures how efficient Lumax Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are ₹0.95 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Lumax Industries Limited:

  • The MRQ is 0.945. The company is less efficient in keeping operating costs low.
  • The TTM is 0.945. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.945TTM0.9450.000
TTM0.945YOY0.954-0.009
TTM0.9455Y0.949-0.004
5Y0.94910Y0.957-0.008
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9451.618-0.673
TTM0.9451.616-0.671
YOY0.9541.621-0.667
5Y0.9491.568-0.619
10Y0.9571.278-0.321

1.3. Liquidity of Lumax Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Lumax Industries Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 0.78 means the company has ₹0.78 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Lumax Industries Limited:

  • The MRQ is 0.782. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.782. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.782TTM0.7820.000
TTM0.782YOY0.691+0.091
TTM0.7825Y0.670+0.112
5Y0.67010Y0.659+0.011
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7821.649-0.867
TTM0.7821.646-0.864
YOY0.6911.604-0.913
5Y0.6701.579-0.909
10Y0.6591.351-0.692
1.3.2. Quick Ratio

Measures if Lumax Industries Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Lumax Industries Limited to the Auto Parts industry mean.
  • A Quick Ratio of 0.40 means the company can pay off ₹0.40 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Lumax Industries Limited:

  • The MRQ is 0.403. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.403. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.403TTM0.4030.000
TTM0.403YOY0.392+0.011
TTM0.4035Y0.383+0.020
5Y0.38310Y0.376+0.007
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4030.698-0.295
TTM0.4030.714-0.311
YOY0.3920.742-0.350
5Y0.3830.752-0.369
10Y0.3760.782-0.406

1.4. Solvency of Lumax Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Lumax Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Lumax Industries Limited to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.69 means that Lumax Industries Limited assets are financed with 68.7% credit (debt) and the remaining percentage (100% - 68.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Lumax Industries Limited:

  • The MRQ is 0.687. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.687. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.687TTM0.6870.000
TTM0.687YOY0.682+0.005
TTM0.6875Y0.664+0.024
5Y0.66410Y0.689-0.026
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6870.497+0.190
TTM0.6870.497+0.190
YOY0.6820.497+0.185
5Y0.6640.497+0.167
10Y0.6890.487+0.202
1.4.2. Debt to Equity Ratio

Measures if Lumax Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Lumax Industries Limited to the Auto Parts industry mean.
  • A Debt to Equity ratio of 219.7% means that company has ₹2.20 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Lumax Industries Limited:

  • The MRQ is 2.197. The company is just not able to pay all its debts with equity.
  • The TTM is 2.197. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.197TTM2.1970.000
TTM2.197YOY2.145+0.052
TTM2.1975Y1.982+0.215
5Y1.98210Y2.285-0.303
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1971.014+1.183
TTM2.1971.017+1.180
YOY2.1451.031+1.114
5Y1.9821.040+0.942
10Y2.2851.047+1.238

2. Market Valuation of Lumax Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Lumax Industries Limited generates.

  • Above 15 is considered overpriced but always compare Lumax Industries Limited to the Auto Parts industry mean.
  • A PE ratio of 16.04 means the investor is paying ₹16.04 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Lumax Industries Limited:

  • The EOD is 21.870. Based on the earnings, the company is fair priced.
  • The MRQ is 16.044. Based on the earnings, the company is fair priced.
  • The TTM is 16.044. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD21.870MRQ16.044+5.826
MRQ16.044TTM16.0440.000
TTM16.044YOY20.364-4.320
TTM16.0445Y29.356-13.312
5Y29.35610Y26.070+3.286
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD21.87012.519+9.351
MRQ16.04411.721+4.323
TTM16.04412.530+3.514
YOY20.36415.239+5.125
5Y29.35616.864+12.492
10Y26.07021.191+4.879
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Lumax Industries Limited:

  • The EOD is 131.780. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 96.675. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 96.675. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD131.780MRQ96.675+35.105
MRQ96.675TTM96.6750.000
TTM96.675YOY-38.584+135.259
TTM96.6755Y35.863+60.812
5Y35.86310Y-31.238+67.101
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD131.7805.310+126.470
MRQ96.6754.924+91.751
TTM96.6753.607+93.068
YOY-38.5841.026-39.610
5Y35.8632.264+33.599
10Y-31.2382.514-33.752
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Lumax Industries Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 2.83 means the investor is paying ₹2.83 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Lumax Industries Limited:

  • The EOD is 3.863. Based on the equity, the company is fair priced.
  • The MRQ is 2.834. Based on the equity, the company is underpriced. +1
  • The TTM is 2.834. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.863MRQ2.834+1.029
MRQ2.834TTM2.8340.000
TTM2.834YOY1.687+1.147
TTM2.8345Y2.700+0.134
5Y2.70010Y2.796-0.096
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD3.8631.521+2.342
MRQ2.8341.481+1.353
TTM2.8341.516+1.318
YOY1.6871.624+0.063
5Y2.7001.700+1.000
10Y2.7962.242+0.554
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Lumax Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--98.24398.2430%33.496+193%47.411+107%44.304+122%
Book Value Per Share--624.300624.3000%526.057+19%517.157+21%397.630+57%
Current Ratio--0.7820.7820%0.691+13%0.670+17%0.659+19%
Debt To Asset Ratio--0.6870.6870%0.682+1%0.664+4%0.6890%
Debt To Equity Ratio--2.1972.1970%2.145+2%1.982+11%2.285-4%
Dividend Per Share--13.50013.5000%7.025+92%20.312-34%15.606-13%
Eps--110.273110.2730%43.566+153%72.242+53%57.733+91%
Free Cash Flow Per Share--18.30118.3010%-22.994+226%-22.688+224%-2.097+111%
Free Cash Flow To Equity Per Share---9.463-9.4630%13.582-170%-12.350+31%-15.125+60%
Gross Profit Margin--0.9860.9860%0.972+1%0.978+1%0.845+17%
Intrinsic Value_10Y_max--106.160--------
Intrinsic Value_10Y_min---212.880--------
Intrinsic Value_1Y_max--3.543--------
Intrinsic Value_1Y_min---22.575--------
Intrinsic Value_3Y_max--16.053--------
Intrinsic Value_3Y_min---67.155--------
Intrinsic Value_5Y_max--35.081--------
Intrinsic Value_5Y_min---110.653--------
Market Cap22543920441.000+27%16538474841.00016538474841.0000%8293307830.400+99%12984841043.880+27%10795333611.600+53%
Net Profit Margin--0.0440.0440%0.023+91%0.036+22%0.033+35%
Operating Margin--0.0790.0790%0.051+54%0.061+30%0.051+56%
Operating Ratio--0.9450.9450%0.954-1%0.9490%0.957-1%
Pb Ratio3.863+27%2.8342.8340%1.687+68%2.700+5%2.796+1%
Pe Ratio21.870+27%16.04416.0440%20.364-21%29.356-45%26.070-38%
Price Per Share2411.700+27%1769.2501769.2500%887.200+99%1389.090+27%1154.855+53%
Price To Free Cash Flow Ratio131.780+27%96.67596.6750%-38.584+140%35.863+170%-31.238+132%
Price To Total Gains Ratio21.582+27%15.83315.8330%21.895-28%29.169-46%26.892-41%
Quick Ratio--0.4030.4030%0.392+3%0.383+5%0.376+7%
Return On Assets--0.0550.0550%0.026+110%0.048+16%0.045+23%
Return On Equity--0.1770.1770%0.083+113%0.140+26%0.140+26%
Total Gains Per Share--111.743111.7430%40.521+176%67.723+65%59.910+87%
Usd Book Value--70029516.00070029516.0000%59009280.000+19%58010908.800+21%44603397.133+57%
Usd Book Value Change Per Share--1.1791.1790%0.402+193%0.569+107%0.532+122%
Usd Book Value Per Share--7.4927.4920%6.313+19%6.206+21%4.772+57%
Usd Dividend Per Share--0.1620.1620%0.084+92%0.244-34%0.187-13%
Usd Eps--1.3231.3230%0.523+153%0.867+53%0.693+91%
Usd Free Cash Flow--2052876.0002052876.0000%-2579316.000+226%-2545005.600+224%-235196.593+111%
Usd Free Cash Flow Per Share--0.2200.2200%-0.276+226%-0.272+224%-0.025+111%
Usd Free Cash Flow To Equity Per Share---0.114-0.1140%0.163-170%-0.148+31%-0.182+60%
Usd Market Cap270527045.292+27%198461698.092198461698.0920%99519693.965+99%155818092.527+27%129544003.339+53%
Usd Price Per Share28.940+27%21.23121.2310%10.646+99%16.669+27%13.858+53%
Usd Profit--12369624.00012369624.0000%4886964.000+153%8103556.800+53%6486320.010+91%
Usd Revenue--278342808.000278342808.0000%209823084.000+33%214568340.000+30%184841838.928+51%
Usd Total Gains Per Share--1.3411.3410%0.486+176%0.813+65%0.719+87%
 EOD+4 -4MRQTTM+0 -0YOY+28 -85Y+28 -810Y+30 -6

3.2. Fundamental Score

Let's check the fundamental score of Lumax Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.870
Price to Book Ratio (EOD)Between0-13.863
Net Profit Margin (MRQ)Greater than00.044
Operating Margin (MRQ)Greater than00.079
Quick Ratio (MRQ)Greater than10.403
Current Ratio (MRQ)Greater than10.782
Debt to Asset Ratio (MRQ)Less than10.687
Debt to Equity Ratio (MRQ)Less than12.197
Return on Equity (MRQ)Greater than0.150.177
Return on Assets (MRQ)Greater than0.050.055
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Lumax Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.282
Ma 20Greater thanMa 502,305.885
Ma 50Greater thanMa 1002,369.116
Ma 100Greater thanMa 2002,441.272
OpenGreater thanClose2,373.150
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets18,656,669
Total Liabilities12,820,876
Total Stockholder Equity5,835,793
 As reported
Total Liabilities 12,820,876
Total Stockholder Equity+ 5,835,793
Total Assets = 18,656,669

Assets

Total Assets18,656,669
Total Current Assets8,365,624
Long-term Assets10,291,045
Total Current Assets
Cash And Cash Equivalents 71,758
Short-term Investments 581,198
Net Receivables 3,073,275
Inventory 3,779,314
Other Current Assets 860,079
Total Current Assets  (as reported)8,365,624
Total Current Assets  (calculated)8,365,624
+/-0
Long-term Assets
Property Plant Equipment 7,726,998
Goodwill 97,758
Intangible Assets 85,774
Other Assets 711,431
Long-term Assets  (as reported)10,291,045
Long-term Assets  (calculated)8,621,961
+/- 1,669,084

Liabilities & Shareholders' Equity

Total Current Liabilities10,697,628
Long-term Liabilities2,123,248
Total Stockholder Equity5,835,793
Total Current Liabilities
Short-term Debt 3,250,067
Short Long Term Debt 3,206,950
Accounts payable 5,575,331
Other Current Liabilities 810,161
Total Current Liabilities  (as reported)10,697,628
Total Current Liabilities  (calculated)12,842,509
+/- 2,144,881
Long-term Liabilities
Long term Debt Total 1,055,134
Other Liabilities 1,068,114
Long-term Liabilities  (as reported)2,123,248
Long-term Liabilities  (calculated)2,123,248
+/-0
Total Stockholder Equity
Common Stock93,477
Retained Earnings 4,094,589
Accumulated Other Comprehensive Income 968,061
Capital Surplus 679,666
Total Stockholder Equity (as reported)5,835,793
Total Stockholder Equity (calculated)5,835,793
+/-0
Other
Capital Stock93,477
Cash And Equivalents1,832
Cash and Short Term Investments 652,956
Common Stock Shares Outstanding 9,348
Current Deferred Revenue1,062,069
Liabilities and Stockholders Equity 18,656,669
Net Debt 4,233,443
Net Invested Capital 9,652,410
Net Tangible Assets 5,652,261
Net Working Capital -2,332,004
Property Plant and Equipment Gross 7,726,998
Short Long Term Debt Total 4,305,201



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
3,157,712
3,909,041
4,550,292
4,544,234
5,837,891
7,139,172
7,370,810
7,291,360
7,637,037
8,585,600
9,154,743
12,311,016
11,896,428
12,831,992
13,623,582
15,464,078
18,656,669
18,656,66915,464,07813,623,58212,831,99211,896,42812,311,0169,154,7438,585,6007,637,0377,291,3607,370,8107,139,1725,837,8914,544,2344,550,2923,909,0413,157,712
   > Total Current Assets 
1,659,635
1,621,612
1,915,603
1,813,667
2,794,768
2,865,845
2,835,430
2,771,925
3,126,605
3,330,138
3,472,109
5,623,133
4,649,057
4,287,943
5,106,219
6,114,585
8,365,624
8,365,6246,114,5855,106,2194,287,9434,649,0575,623,1333,472,1093,330,1383,126,6052,771,9252,835,4302,865,8452,794,7681,813,6671,915,6031,621,6121,659,635
       Cash And Cash Equivalents 
294,114
45,916
190,029
194,068
323,756
308,208
282,531
159,850
190,126
34,552
13,695
12,410
20,133
79,500
28,365
155,257
71,758
71,758155,25728,36579,50020,13312,41013,69534,552190,126159,850282,531308,208323,756194,068190,02945,916294,114
       Short-term Investments 
176,127
167,621
287,536
277,078
320,250
839
814
564
987
987
987
18,680
12,860
309,565
92,934
24,948
581,198
581,19824,94892,934309,56512,86018,680987987987564814839320,250277,078287,536167,621176,127
       Net Receivables 
0
0
0
0
0
0
0
1,406,797
1,452,003
1,823,931
1,913,083
3,502,905
2,561,539
2,101,960
2,751,816
3,261,054
3,073,275
3,073,2753,261,0542,751,8162,101,9602,561,5393,502,9051,913,0831,823,9311,452,0031,406,7970000000
       Inventory 
451,208
708,903
763,126
538,849
821,598
900,593
1,079,723
772,135
1,098,960
1,045,502
1,160,454
1,687,874
2,041,473
1,791,782
2,223,422
2,643,475
3,779,314
3,779,3142,643,4752,223,4221,791,7822,041,4731,687,8741,160,4541,045,5021,098,960772,1351,079,723900,593821,598538,849763,126708,903451,208
       Other Current Assets 
738,185
699,171
674,912
803,672
1,329,164
1,656,205
1,472,363
1,839,375
1,836,532
2,249,097
2,296,972
3,904,169
13,052
5,136
9,682
29,851
860,079
860,07929,8519,6825,13613,0523,904,1692,296,9722,249,0971,836,5321,839,3751,472,3631,656,2051,329,164803,672674,912699,171738,185
   > Long-term Assets 
1,498,077
2,287,429
2,634,688
2,730,567
3,043,124
4,273,327
4,535,380
4,519,436
4,510,432
5,255,462
5,682,634
6,687,883
7,247,371
8,544,049
8,517,363
9,349,493
10,291,045
10,291,0459,349,4938,517,3638,544,0497,247,3716,687,8835,682,6345,255,4624,510,4324,519,4364,535,3804,273,3273,043,1242,730,5672,634,6882,287,4291,498,077
       Property Plant Equipment 
1,425,530
1,758,735
2,559,115
2,665,845
2,758,621
3,961,821
4,196,917
4,155,211
4,194,826
4,224,601
4,365,634
5,695,436
6,249,335
7,314,826
7,306,792
8,011,381
7,726,998
7,726,9988,011,3817,306,7927,314,8266,249,3355,695,4364,365,6344,224,6014,194,8264,155,2114,196,9173,961,8212,758,6212,665,8452,559,1151,758,7351,425,530
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
97,758
97,758
97,758
97,758
97,758
97,75897,75897,75897,75897,758000000000000
       Long Term Investments 
0
0
0
0
0
0
0
49,950
49,950
686,961
787,315
877,182
806,818
0
0
0
0
0000806,818877,182787,315686,96149,95049,9500000000
       Intangible Assets 
37,452
54,802
38,884
27,857
247,650
51,640
0
33,522
25,927
25,674
33,302
43,523
53,957
58,257
47,334
76,885
85,774
85,77476,88547,33458,25753,95743,52333,30225,67425,92733,522051,640247,65027,85738,88454,80237,452
       Other Assets 
0
0
0
0
0
0
0
280,753
239,729
326,100
136,656
151,208
455,383
800,250
863,100
749,017
711,431
711,431749,017863,100800,250455,383151,208136,656326,100239,729280,7530000000
> Total Liabilities 
2,343,054
2,475,441
3,144,917
3,112,838
4,292,431
5,531,101
5,676,423
5,558,562
5,833,986
5,901,930
5,995,953
8,691,039
7,547,458
8,367,312
9,019,253
10,546,638
12,820,876
12,820,87610,546,6389,019,2538,367,3127,547,4588,691,0395,995,9535,901,9305,833,9865,558,5625,676,4235,531,1014,292,4313,112,8383,144,9172,475,4412,343,054
   > Total Current Liabilities 
1,179,331
1,470,737
1,698,372
1,948,681
3,090,147
3,878,289
4,105,677
4,290,559
4,962,435
5,260,355
5,348,113
8,200,229
7,113,350
7,310,721
8,009,241
8,849,367
10,697,628
10,697,6288,849,3678,009,2417,310,7217,113,3508,200,2295,348,1135,260,3554,962,4354,290,5594,105,6773,878,2893,090,1471,948,6811,698,3721,470,7371,179,331
       Short-term Debt 
0
0
0
0
0
300,508
271,538
379,965
787,704
848,254
887,648
1,017,641
1,387,406
2,928,698
3,021,279
3,070,071
3,250,067
3,250,0673,070,0713,021,2792,928,6981,387,4061,017,641887,648848,254787,704379,965271,538300,50800000
       Short Long Term Debt 
0
0
0
0
0
0
0
1,579,128
430,850
319,080
887,648
1,017,641
1,387,406
2,921,880
3,008,292
3,056,491
3,206,950
3,206,9503,056,4913,008,2922,921,8801,387,4061,017,641887,648319,080430,8501,579,1280000000
       Accounts payable 
882,843
1,124,338
1,262,476
1,505,278
2,456,089
2,780,017
2,881,952
2,861,532
2,961,405
722
3,442,713
5,363,622
3,800,919
3,151,713
3,744,375
4,740,618
5,575,331
5,575,3314,740,6183,744,3753,151,7133,800,9195,363,6223,442,7137222,961,4052,861,5322,881,9522,780,0172,456,0891,505,2781,262,4761,124,338882,843
       Other Current Liabilities 
296,487
346,399
435,896
443,403
634,058
797,764
952,187
1,049,062
1,213,326
4,411,379
1,017,752
1,818,966
133,508
113,565
414,078
406,376
810,161
810,161406,376414,078113,565133,5081,818,9661,017,7524,411,3791,213,3261,049,062952,187797,764634,058443,403435,896346,399296,487
   > Long-term Liabilities 
1,163,723
1,004,704
1,446,545
1,164,157
1,202,284
1,652,812
1,570,746
1,268,003
871,552
641,576
647,840
490,810
434,108
1,056,591
1,010,012
1,697,271
2,123,248
2,123,2481,697,2711,010,0121,056,591434,108490,810647,840641,576871,5521,268,0031,570,7461,652,8121,202,2841,164,1571,446,5451,004,7041,163,723
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
36,377
22,830
9,363
543,441
361,986
937,679
1,055,134
1,055,134937,679361,986543,4419,36322,83036,3770000000000
       Other Liabilities 
0
0
0
0
0
0
0
523,381
495,395
510,847
316,110
338,354
424,745
513,150
648,026
759,592
1,068,114
1,068,114759,592648,026513,150424,745338,354316,110510,847495,395523,3810000000
> Total Stockholder Equity
814,658
1,433,600
1,405,375
1,431,395
1,545,460
1,608,071
1,694,387
1,732,798
1,803,051
2,683,669
3,158,790
3,619,977
4,348,970
4,464,680
4,604,329
4,917,440
5,835,793
5,835,7934,917,4404,604,3294,464,6804,348,9703,619,9773,158,7902,683,6691,803,0511,732,7981,694,3871,608,0711,545,4601,431,3951,405,3751,433,600814,658
   Common Stock
83,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,477
93,47793,47793,47793,47793,47793,47793,47793,47793,47793,47793,47793,47793,47793,47793,47793,47783,477
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-1,171,749
-1,284,853
-1,476,766
-1,660,865
-1,838,605
-2,072,857
-2,347,954
-2,661,801
-3,052,040
-3,385,957
-3,664,791
-870,628
-1,423,990
-2,020,331
963,912
963,912
968,061
968,061963,912963,912-2,020,331-1,423,990-870,628-3,664,791-3,385,957-3,052,040-2,661,801-2,347,954-2,072,857-1,838,605-1,660,865-1,476,766-1,284,853-1,171,749
   Capital Surplus 
0
0
0
0
0
0
0
0
0
679,666
679,666
679,666
679,666
679,666
679,666
679,666
679,666
679,666679,666679,666679,666679,666679,666679,666679,666000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
1,902,930
2,624,975
2,788,663
2,998,783
3,290,588
3,392,013
3,948,864
4,301,122
4,408,418
4,885,801
5,141,767
2,406,706
3,067,568
-3,784,949
679,666
679,666
679,666
679,666679,666679,666-3,784,9493,067,5682,406,7065,141,7674,885,8014,408,4184,301,1223,948,8643,392,0133,290,5882,998,7832,788,6632,624,9751,902,930



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue23,195,234
Cost of Revenue-15,112,798
Gross Profit8,082,4368,082,436
 
Operating Income (+$)
Gross Profit8,082,436
Operating Expense-6,807,010
Operating Income1,416,1471,275,426
 
Operating Expense (+$)
Research Development500,435
Selling General Administrative110,462
Selling And Marketing Expenses14,116
Operating Expense6,807,010625,013
 
Net Interest Income (+$)
Interest Income123,529
Interest Expense-293,525
Other Finance Cost-123,529
Net Interest Income-293,525
 
Pretax Income (+$)
Operating Income1,416,147
Net Interest Income-293,525
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,491,4151,340,879
EBIT - interestExpense = 1,545,798
1,491,415
1,324,327
Interest Expense293,525
Earnings Before Interest and Taxes (EBIT)1,839,3231,784,940
Earnings Before Interest and Taxes (EBITDA)2,638,475
 
After tax Income (+$)
Income Before Tax1,491,415
Tax Provision-460,613
Net Income From Continuing Ops1,030,8021,030,802
Net Income1,030,802
Net Income Applicable To Common Shares1,030,802
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses21,919,808
Total Other Income/Expenses Net75,268293,525
 

Technical Analysis of Lumax Industries Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Lumax Industries Limited. The general trend of Lumax Industries Limited is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Lumax Industries Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Lumax Industries Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 2,434 < 2,520 < 2,524.

The bearish price targets are: 2,130 > 2,122 > 2,121.

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Lumax Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Lumax Industries Limited. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Lumax Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Lumax Industries Limited. The current macd is -3.40593345.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Lumax Industries Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Lumax Industries Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Lumax Industries Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Lumax Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartLumax Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Lumax Industries Limited. The current adx is 14.61.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Lumax Industries Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Lumax Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Lumax Industries Limited. The current sar is 2,150.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Lumax Industries Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Lumax Industries Limited. The current rsi is 58.28. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Lumax Industries Limited Daily Relative Strength Index (RSI) ChartLumax Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Lumax Industries Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Lumax Industries Limited price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Lumax Industries Limited Daily Stochastic Oscillator ChartLumax Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Lumax Industries Limited. The current cci is 137.26.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Lumax Industries Limited Daily Commodity Channel Index (CCI) ChartLumax Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Lumax Industries Limited. The current cmo is 30.07.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Lumax Industries Limited Daily Chande Momentum Oscillator (CMO) ChartLumax Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Lumax Industries Limited. The current willr is -11.38722869.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Lumax Industries Limited Daily Williams %R ChartLumax Industries Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Lumax Industries Limited.

Lumax Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Lumax Industries Limited. The current atr is 83.33.

Lumax Industries Limited Daily Average True Range (ATR) ChartLumax Industries Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Lumax Industries Limited. The current obv is 1,758,284.

Lumax Industries Limited Daily On-Balance Volume (OBV) ChartLumax Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Lumax Industries Limited. The current mfi is 28.77.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Lumax Industries Limited Daily Money Flow Index (MFI) ChartLumax Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Lumax Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-26MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside

6.3. Candlestick Patterns

Lumax Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Lumax Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.282
Ma 20Greater thanMa 502,305.885
Ma 50Greater thanMa 1002,369.116
Ma 100Greater thanMa 2002,441.272
OpenGreater thanClose2,373.150
Total2/5 (40.0%)
Penke

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