Lumax Auto Technologies Hits New 52-Week High, Outperforming Sector by 1.55%

Lumax Auto Technologies has recently achieved a remarkable milestone, reaching a new 52-week high of Rs. 664.95 on December 30, 2024. This achievement underscores the company's strong position within the auto ancillary sector, particularly as it has outperformed its industry peers by 1.55% today.
The stock has demonstrated impressive momentum, gaining 4.12% over the last two days alone. Today's trading session saw Lumax Auto Technologies hit an intraday high of Rs. 664.95, reflecting a 3.73% increase. Notably, the stock exhibited high volatility, with an intraday fluctuation of 38.65%, indicating active trading and investor engagement.

In terms of moving averages, Lumax Auto Technologies is performing well, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past year, the company has delivered a remarkable return of 69.71%, significantly outpacing the Sensex, which recorded an 8.73% increase during the same period. This performance highlights Lumax Auto Technologies' robust market presence and operational strength in the competitive auto ancillary landscape.