Choice Broking on Lumax Auto Tech: Buy| Target Rs 1375| LTP Rs 893| Upside 50%
Choice Broking has issued a ‘Buy’ rating on Lumax Auto Tech, with a target price of Rs 1,375, offering a substantial upside of 50% over the current price of Rs 893.
The re-rating is supported by a 30.0%/30.3% upward revision in our FY26/FY27 EPS estimates, driven by strong visibility on growth and profitability.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)