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Lumax Industries Limited ( (IN:LUMAXIND) ) has shared an announcement.
Lumax Industries Limited announced that ICRA Limited has reaffirmed its short-term and long-term credit ratings. The reaffirmation of the ratings, with a stable outlook, indicates confidence in Lumax’s financial stability and operational performance. This development is likely to positively impact the company’s market position and reassure stakeholders of its creditworthiness.
More about Lumax Industries Limited
Lumax Industries Limited operates in the automotive industry, specializing in the manufacture and supply of automotive lighting solutions. The company focuses on providing high-quality lighting products to major automobile manufacturers, enhancing visibility and safety for vehicles.
YTD Price Performance: 7.95%
Average Trading Volume: 406
Current Market Cap: 24.15B INR
See more data about LUMAXIND stock on TipRanks’ Stock Analysis page.