Lumax Industries share price rolled up nearly 7% on 2nd September ‘16. The stock opened with a rise of 45 points at Rs. 678 as compared to its previous closing at Rs.655.80. The stock touched the days high and low at Rs. 707.70 and Rs.676.00.
Lumax Industries share price was quoting at Rs. 701.30. As per NSE, 41,294 shares are traded in the counter with a traded value of Rs. 286.41. On both 31st August and 2nd September the stock saw spurt in volume by more than 2.56 times and 5.23 times.
The lower price band of the share is Rs. 524.65 and the upper price band is Rs. 786.95. The 52 week high of Lumax Industries share price is observed at Rs. 812.80 on 1st Aug ’16 while the 52 week low is seen at Rs. 352.60 on 12th Feb ‘16. The Average Daily Movement of the stock is 30.12 and its average volume for last 20 days is 13330. The stock yields -17.21% monthly returns and has the PE ratio of 17.18. The market cap of the company amounts to Rs. 613.02 (Cr) and has a book value of Rs. 210.18.
Lumax Industries is one of the top 500 performing stocks identified by Dynamic Levels for this quarter amongst the 1700 stocks listed on NSE. As per Dynamic Levels Lumax Industries have strong fundamentals and is safe for investment.
In order to acquire further details on the support and resistance refer to Lumax Industries share price forecast.
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