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Sarathi Research

23rd Jul · SEBI-Registered Analyst

Lumax Auto Technologies Rises After Announcing New Acquisition

$LUMAXTECH Lumax Auto Technologies remained in focus after announcing the acquisition of a majority stake in a leading automotive component company to strengthen its product portfolio. The acquisition is expected to expand the company's capabilities in the fast-growing mobility and auto components segment. Investors reacted positively to the announcement, keeping the stock active during the trading session. The company said the deal aligns with its long-term strategy of expanding its manufacturing footprint and enhancing technology offerings Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.

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