The stock’s rapid appreciation signals robust investor confidence in Lumax’s position within India’s expanding auto component market, making it a compelling play for growth‑oriented portfolios.
Lumax Auto Technologies, a leading supplier of automotive lighting and electronic components, has been riding a wave of optimism in the Indian equity market. The company benefits from a resurgence in vehicle production, driven by both domestic demand and the rollout of electric mobility initiatives. Recent policy discussions, such as the United States' push on digital taxes, have heightened scrutiny on cross‑border tech revenues, but have not dampened investor confidence in firms with strong domestic supply chains like Lumax. The broader auto sector is poised for growth as manufacturers upgrade to advanced lighting systems and connectivity solutions.
Technical charts show Lumax’s stock breaking through the intermediate resistance at ₹1,560, a level that now serves as a fresh support zone. The share price, trading around ₹1,640, reflects an 11 percent weekly gain, signaling strong momentum among retail and institutional traders. Analysts have identified a secondary support at ₹1,445, limiting downside risk, while the upside target of ₹1,880‑₹1,900 is anchored in projected earnings growth and expanding order books from major OEMs. Volume spikes further reinforce the bullish bias.
The bullish outlook for Lumax aligns with a broader recovery in India’s automotive component ecosystem, where demand for LED lighting, driver‑assist modules, and high‑efficiency power electronics is accelerating. As manufacturers shift toward electric and autonomous platforms, suppliers that offer integrated solutions stand to capture higher margins. Moreover, the ongoing dialogue on digital taxes may reshape revenue models for multinational tech‑heavy firms, but domestically focused players like Lumax are likely to benefit from policy incentives aimed at boosting local production. Investors thus view the stock as a strategic play in a high‑growth segment.
Stock Market Live 11th February 2026: Stock to buy today: Lumax Auto Technologies - The HinduBusinessLine
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Updated - February 11, 2026 at 06:45 AM.
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Stock Market today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 11th February 2026.
February 11, 2026 06:45
February 11, 2026 06:44
US pressures India on digital taxes and customs duties amid trade deal negotiations, raising concerns over regulatory autonomy and sovereignty.
February 11, 2026 06:42
Lumax Auto Technologies share price can rise to ₹1,880-1,900 in the next few weeks. Traders can buy Lumax Auto Technologies now at ₹1,640
Published on February 11, 2026
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