Lux Industries Ltd share Price

Lux Industries Ltd. was established by Giridhari Lal Todi as Biswanath Hosiery Mills in 1957. The Kolkata-based hosiery producer is a prominent player in the garments sector. The company was renamed Lux Industries Ltd. in 1995. The annual turnover of the company is more than Rs 2,000 crore, and it employs more than 36,000 workers. Lux Industries Ltd. exports to 46 countries and is India’s largest exporter in the hosiery industry. The company’s products include men’s, women’s and kids’ innerwear, winter wear, socks, and leggings for women. The market capitalisation of Lux Industries Ltd. as of November 28, 2022, was Rs 5,088 crore. The audited total income of Lux Industries Ltd. in the financial year ending on March 31, 2022, was Rs 2,289.99 crore, which grew from the audited total income of Rs 1,950.76 crore for the previous financial year.

The company is listed on the NSE and BSE under the codes LUXIND and 539542, respectively.

The unaudited consolidated total income of the company for the quarter ending on September 30, 2022, was Rs 638.32 crore, which grew from Rs 630.86 crore for the same period in the previous financial year. The unaudited consolidated total income of the company in the quarter ending on June 30, 2022, was Rs 571.69 crore. 

The board of directors of Lux Industries Ltd. include the chairman Ashok Kumar Todi, managing director Pradip Kumar Todi, executive directors Navin Kumar Todi, Rahul Kumar Todi, Saket Todi, and Udit Todi, independent directors Nandanandan Mishra, Snehasish Ganguly, Kamal K Agrawal, Rusha Mitra, Rajnish Rikhi, and Ratnabali Kakkar. The promoter and promoter group hold 74.19% shares of the company, while the remaining 25.81% stake is held by the public.

On November 28, 2022, the share of Lux Industries Ltd. traded at Rs 1,691.95 on the NSE. On the same day, the 52-week high and low prices of Lux Industries Ltd.’s shares on the NSE were Rs 1,642 and Rs 4,065, respectively. Shares of Lux Industries Ltd. generated a return of -16.38% in the past six months and -59.71% last year.

Peers of Lux Industries Ltd. include Grasim Industries Ltd., Vardhaman Textile, Trident, KPR Mill, and Raymond. 

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