Lumax Auto Technologies: Board of Directors of the Company have given their approval for issuances of Corporate Guarantee/Letter of…
Lumax Auto Technologies (LUMAXTECH) said it has received an order. The company is valued at about ₹12,387 crore.
What happened
In a filing with the BSE on 24 October 2026 at 04:37 PM, Lumax Auto Technologies (LUMAXTECH) said that it has received an order.
From the filing: "Board of Directors of the Company have given their approval for issuances of Corporate Guarantee/Letter of Comfort/Post dated Cheques to secure loan provided/ to be provided by Banks/Financial ...."
Company snapshot
Lumax Auto Technologies is a small-cap company in the Automobile and Auto Components sector, with a market value of about ₹12,387 crore.
The stock last traded at ₹1,817.4, against a 52-week range of ₹1,120–₹2,190 (17.0% below the high).
Before this filing the shares had moved −12.2% over the month and +23.3% over three months. Average daily turnover over the last 20 sessions was about ₹28.51 crore.
Promoters held 55.98% at the end of Q1 FY27. Foreign institutions owned 8.69% and domestic institutions 16.53%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,026 | 54 | 6.08 |
| Q2 FY26 | 1,156 | 66.9 | 9.81 |
| Q3 FY26 | 1,271 | 82.5 | 12.1 |
| Q4 FY26 | 1,417 | 88.1 | 12.93 |
| Q1 FY27 | 1,364 | 98.6 | 12.71 |
What history shows
BCEIE's records show 4 previous order win filings from the company since May 2026.
After those filings, the stock gained 5.3% on average the next trading day and was down 1.1% on average after five days (4 filings with price data).
Across 40 similar disclosures by other Automobile and Auto Components companies, shares moved −0.0% on average the next day and −0.1% over five days; 50% of them rose the next day.
Market-wide, 2,040 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 54% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Aug 2026 | Issuance Of Corporate Guarantee/Letter Of Comfort/Post Dated Cheques… | +17.3% | +15.9% |
| 29 May 2026 | Proposal To Issue / Provide Corporate Guarantee/Letter Of… | +1.3% | −6.7% |
| 29 May 2026 | Board in its meeting held on May 29, 2026 have considered and… | +1.3% | −6.7% |
| 29 May 2026 | Board of Directors in its meeting held on May 29, 2026 have… | +1.3% | −6.7% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
- 24 October 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Lumax Auto Technologies Board Approves ₹7 Crore Investment in Joint Venture
- Lumax Auto Technologies Share Price Today: Key Price Action
- What Lumax Auto Doubters Got Wrong
- Lumax Auto Technologies LUMAXTECH Reg 74(5) Q2 FY27
- Lumax Auto Technologies plans new ₹150 crore facility and authorises corporate guarantee up to ₹15 crore
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.