Lux Industries has been making waves in the stock market lately. As investors look for lucrative auto stocks to add to their portfolios, Lux Industries share price target has been the topic of much discussion.
The company aims to double its market share of innerwear in India and this ambitious goal has many people asking, “Is Lux Industries a good auto stock to buy?”
In this article, we will delve into Lux Industries share price target for the next several years, from 2023 to 2030, and explore what makes this company a strong contender for investors.
About Lux Industries
Lux Industries Ltd. is a leading manufacturer of home and lifestyle products in India. The company was incorporated in 1975 and is part of the B.K. Birla Group of Companies. The company produces a wide range of products such as innerwear, sleepwear, leisurewear, and accessories for both men and women. Their product range also includes menswear, kidswear, and women’s accessories. They have a strong brand presence, with their flagship brand LUX being one of the most recognized brands in the innerwear category.
Lux Industries is also involved in the global social media trend by launching its own accounts on popular social networking sites like Facebook, Instagram, and Twitter.
The company is committed to providing quality products to its customers and has established stringent quality control systems.
They also have a dedicated research and development team which is constantly working on creating innovative products that meet the changing needs of the customers. The company is also committed to sustainability and has established a waste management system in all its production units.
Lux Industries Stock Price History
Lux Industries Limited is an Indian textile and apparel company that was founded in 1995. The company is based in Kolkata, India, and is listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). The company manufactures a wide range of innerwear and outerwear garments for men, women, and children.
Historically, Lux Industries Limited has been a stable stock, with its share price steadily increasing throughout the years. In September of 2015, the share price of Lux Industries Limited was around Rs. 675.
Since then, the stock has seen a steady increase in value, reaching a peak of Rs. 872 in April of 2018. Since then, the stock has seen some ups and downs. In the past year, the stock has seen a slight dip in value, with the current share price sitting at around Rs. 1525.
Overall, Lux Industries Limited has been a fairly steady stock, with its share price remaining relatively consistent over the years. Despite some short-term fluctuations, the stock has seen an overall increase in value since its inception.
Lux Industries Limited in recent news
- Lux Industries Ltd – 539542 – Board Meeting Intimation for Considering And Approval Of The Unaudited. [31/1/2023]
- Lux Industries Limited expects a turnover of around 12%. [31/1/2023]
- Lux Industries Ltd. aims to double the market share of innerwear in India. [31/1/2023]
How to buy Lux Industries Ltd. shares?
You can buy shares of Lux Industries Ltd. through a broker or online broker. You will need to open a demat and trading account with a broker and deposit funds into it. Once the funds are credited to your account, you can place a buy order for Lux Industries Ltd. shares. Once the order is executed, the shares will be credited to your demat account.
Some of the online trading platforms to buy Lux shares are:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Lux Industries Ltd. Share Price Prediction 2023 to 2030
Lux Industries Ltd. Share Price Target 2023
| When | Maximum Price | Minimum Price |
| February 2023 | ₹1,555.45 | ₹1,196.50 |
| March 2023 | ₹1,166.59 | ₹897.37 |
| April 2023 | ₹1,283.25 | ₹987.11 |
| May 2023 | ₹1,069.37 | ₹822.59 |
| June 2023 | ₹1,283.25 | ₹987.11 |
| July 2023 | ₹1,539.89 | ₹1,184.53 |
| August 2023 | ₹1,693.88 | ₹1,302.99 |
| September 2023 | ₹1,778.58 | ₹1,368.14 |
| October 2023 | ₹1,693.88 | ₹1,302.99 |
| November 2023 | ₹1,863.27 | ₹1,433.29 |
| December 2023 | ₹2,086.87 | ₹1,605.28 |
The Lux Industries share price target for 2023 shows a bullish outlook for the company.
The table above demonstrates a significant growth in the maximum price from February to December, with a maximum price increase of 35.17% from ₹1,555.45 to ₹2,086.87. This indicates a strong upward trend in the stock’s performance.
Additionally, the minimum price also shows an increase of 72.77% from ₹897.37 in March to ₹1,605.28 in December. This suggests a consistent growth in the stock’s value over the year 2023.
Overall, the share price prediction for 2023 reflects a positive and upward trend in the company’s performance, making it a good option for investors looking to add a profitable stock to their portfolios.
Lux Industries Ltd. Share Price Target 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹2,196.70 | ₹1,689.77 |
| February 2024 | ₹2,468.20 | ₹2,056.84 |
| March 2024 | ₹2,598.11 | ₹2,112.28 |
| April 2024 | ₹2,361.92 | ₹1,816.86 |
| May 2024 | ₹1,968.26 | ₹1,514.05 |
| June 2024 | ₹2,361.92 | ₹1,816.86 |
| July 2024 | ₹2,007.63 | ₹1,556.30 |
| August 2024 | ₹2,208.39 | ₹1,752.69 |
| September 2024 | ₹2,318.81 | ₹1,783.70 |
| October 2024 | ₹2,728.01 | ₹2,098.47 |
| November 2024 | ₹2,864.41 | ₹2,203.40 |
| December 2024 | ₹2,921.70 | ₹2,247.46 |
The data from the table shows a maximum price of ₹2,921.70 in December 2024, representing a growth of 31.97% from the maximum price in December 2023.
Also, the minimum price in 2024 is ₹1,514.05 in May, which is an increase of 5.23% from the minimum price in December 2023.
The share price prediction for 2024 indicates a consistent growth in the stock’s value over the year, with fluctuations in the maximum and minimum prices throughout the year.
Lux Industries Ltd. Share Price Target 2025 is ₹3,544.07
| When | Maximum Price | Minimum Price |
| January 2025 | ₹2,980.14 | ₹2,292.41 |
| February 2025 | ₹3,136.99 | ₹2,413.07 |
| March 2025 | ₹3,293.83 | ₹2,533.72 |
| April 2025 | ₹2,940.92 | ₹2,262.25 |
| May 2025 | ₹2,673.57 | ₹2,056.59 |
| June 2025 | ₹2,940.92 | ₹2,262.25 |
| July 2025 | ₹2,800.88 | ₹2,154.52 |
| August 2025 | ₹2,917.58 | ₹2,244.29 |
| September 2025 | ₹3,063.46 | ₹2,356.51 |
| October 2025 | ₹3,247.27 | ₹2,497.90 |
| November 2025 | ₹3,474.58 | ₹2,672.75 |
| December 2025 | ₹3,544.07 | ₹2,726.21 |
The Lux Industries share price target for 2025 indicates continued growth for the company.
The table above shows a maximum price of ₹3,544.07 in December 2025, which represents a growth of 20.41% from the maximum price in December 2024.
The minimum price for 2025 is ₹2,056.59 in May, which is an increase of 13.25% from the minimum price in December 2024. This data suggests that Lux Industries is on track for continued growth and success in the coming year.
The maximum and minimum share price target for 2025 are ₹3,544.07 and ₹2,056.59 respectively.
Lux Industries Limited Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2023 | ₹2,086.87 | ₹822.59 |
| 2024 | ₹2,921.70 | ₹1,689.77 |
| 2025 | ₹3,544.07 | ₹2,262.25 |
| 2026 | ₹2,480.85 | ₹1,736.59 |
| 2027 | ₹2,108.72 | ₹1,476.11 |
| 2028 | ₹3,795.70 | ₹2,656.99 |
| 2029 | ₹7,796.95 | ₹5,457.87 |
| 2030 | ₹8,682.97 | ₹6,078.08 |
The Lux Industries share price target from 2026 to 2030 is expected to show a significant increase, with the maximum price reaching as high as ₹8,682.97 in 2030. In 2026, the maximum share price is predicted to be ₹2,480.85, which is a substantial increase from the minimum price of ₹1,736.59.
The following year, in 2027, the maximum price is expected to be ₹2,108.72 with a minimum price of ₹1,476.11. The year 2028 shows an even greater growth with the maximum price reaching ₹3,795.70, which is a remarkable increase from the minimum price of ₹2,656.99.
The years 2029 and 2030 show the highest maximum prices of ₹7,796.95 and ₹8,682.97 respectively, indicating a bullish trend and a strong uptrend in the market.
These projections showcase the potential growth of Lux Industries as a good auto stock to buy.
Lux Industries Ltd. Financial Condition: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing | Best Case | Worst Case |
| Sales | 1,077.51 | 1,208.68 | 1,664.36 | 1,938.42 | 2,273.00 | 2,433.81 | 2,805.62 | 2,613.48 |
| Expenses | 923.18 | 1,028.39 | 1,392.89 | 1,554.55 | 1,799.16 | 2,043.01 | 2,266.45 | 2,222.78 |
| Operating Profit | 154.33 | 180.29 | 271.47 | 383.87 | 473.84 | 390.80 | 539.17 | 390.70 |
| Other Income | 1.74 | 9.19 | 6.33 | 10.23 | 16.90 | 15.29 | – | – |
| Depreciation | 9.63 | 11.24 | 14.82 | 17.09 | 17.58 | 18.47 | 18.47 | 18.47 |
| Interest | 25.42 | 23.60 | 20.40 | 10.92 | 13.89 | 19.67 | 19.67 | 19.67 |
| Profit before tax | 121.02 | 154.64 | 242.58 | 366.09 | 459.27 | 367.95 | 501.03 | 352.56 |
| Tax | 43.14 | 53.33 | 61.84 | 92.72 | 117.88 | 95.54 | 26% | 26% |
| Net profit | 77.88 | 101.31 | 180.74 | 273.37 | 341.39 | 272.41 | 370.94 | 261.02 |
| EPS | 30.78 | 40.04 | 71.44 | 108.05 | 113.42 | 90.50 | 123.23 | 86.72 |
| Price to earning | 55.27 | 34.29 | 13.23 | 16.18 | 19.32 | 16.89 | 16.89 | 16.40 |
| Price | 1,701.50 | 1,373.25 | 944.95 | 1,748.35 | 2,190.95 | 1,528.85 | 2,081.81 | 1,422.54 |
| RATIOS: | ||||||||
| Dividend Payout | 6.81% | 9.16% | 18.32% | 0.00% | 11.00% | |||
| OPM | 14.32% | 14.92% | 16.31% | 19.80% | 20.85% | 16.06% |
Lux Industries has shown impressive growth over the last five years, with an increasing trend in both revenue and profit. The company’s sales have gone up from ₹1,077.51 crore in March 2018 to ₹2,273.00 crore in March 2022, marking a growth of over 100% in revenue.
The operating profit of the company has also seen a significant increase, rising from ₹154.33 crore in March 2018 to ₹473.84 crore in March 2022, indicating a growth rate of around 208%. Furthermore, the company has also shown a considerable growth in net profit, with a minimum of ₹77.88 crore in March 2018 to a maximum of ₹341.39 crore in March 2022, marking an increase of over 340%.
The Price to Earning ratio of the company has also improved, with a minimum of 55.27 in March 2018 to a maximum of 19.32 in March 2022, indicating a reduced cost of investment for shareholders.
All these factors show a clear growth in the financial stability of Lux Industries and make it a potentially good auto stock to buy.
FAQs
Q Will the share price of Lux Industries Ltd. grow in 2023?
As we look at the current market trend, then the share price of Lux Industries will grow in 2023.
Q Can Lux reach 2000 INR in 2023?
Yes, according to our analysis, Lux Industries can reach 2000 INR in 2023.
Q What is the price prediction for Lux Industries Ltd. for 2030?
If the current economy of the company continues to grow, the share price of Lux Industries Limited might reach around ₹8,700 by the end of 2030.
Q What is the current market condition of Lux Industries Ltd. Stock?
In recent times, the stock is trading at ₹1,479.95 at a market capitalization of 44.50 billion INR.
Q What is Lux’s share price target for 2025?
Lux’s share price target for 2025 is Rs. 3,544.07. Because it’s a growing sector and Lux Industries has the Ability to Continue to innovate and Strong supply chain.
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Conclusion
The LUX Industries Limited share price target from 2023-2030 is a positive outlook for investors. The company has achieved consistent growth and profitability over the past few years and is expected to continue to do so in the future.
The current share price of LUX is already trading at a premium to its peers and continues to show potential for further upside.
With the company’s strong financial performance and increasing presence in the consumer durables market, investors can expect to benefit from investment in this stock over the coming years.
As such, the target share price for 2023, 2024, and 2025-2030 is likely to remain above the current market price and provide investors with lucrative returns.
