Moneycontrol Be a Pro
Get App
Last Updated : Sep 27, 2019 11:05 AM IST | Source:

Lumax’s focus on LED products and attractive valuations make it a long term bet

Lumax trades at a valuation of 9.1 times FY21 projected earnings. We advise investors to accumulate this strong business with an eye on the long term

Nitin Agrawal @NitinAgrawal65

To view the full content of this article, you have to be a Pro:

  • Not a Moneycontrol Pro subscriber yet?

Subscribe to Moneycontrol Pro:

What's included:

  • Ad-free Experience (App only)
  • Personalised News You can Use (App only)
  • Insights, Analyses, and Trends that Make Sense of The News
  • Ideas for Profit:
  • Technical Analysis by Professional Chartists
  • Smart Calendar of Business and Economic Events
  • Corporate Corridor
  • Guru Speak
  • Ask-Pro
  • Pro-LiveChat
  • Fundamental Research by our Independent Research Team
  • Macro Meter
  • D-Street Cues
  • Connecting Policy and Politics
  • And More