
This auto ancillary stock has more than doubled in two months. Can it deliver long term?
Its stock has surged 120% in a matter of months – from ₹509 on 2 May to around ₹1,113 at present, reflecting investor optimism around this plan. At the heart of this optimism is Lumax's next mid-term plan for FY26-31, dubbed the ‘20-20-20-20 NorthStar’ …