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Lux Industries to invest ₹600 crore in Bengal plant, lifting annual capacity
The expansion will add 20 crore pieces of annual production capacity, create around 9,000 jobs and be funded through a mix of internal accruals and borrowings, with the company targeting a five-year payback period.
Mukul Agrawal-owned Lux Industries zooms 10% on Reebok licensing agreement
Lux Industries has entered an agreement with RILUK IPCO for the purpose of designing, manufacturing and selling selling men and women innerwear and thermal wear products in India.
Cult.fit IPO: Five Key Risks Investors Cannot Ignore
Cult.fit has issued a Rs 950-crore fresh issue and this has arrived with narrowing losses, an auditor flag on lux-centre data controls and rising city concentration.
Stock Market News Today Live Updates: Nifty Holds 24,200; Sensex Jumps 1,000 Points As BJP Leads West Bengal Polls
Sectoral indices were mostly in the green in early trade, with Nifty Auto rising 2.04%, Nifty Realty up 1.42% and Nifty Rural gaining 1.13%. Meanwhile, West Bengal-linked stocks, led by Lux Industries and Emami.
Momentum Stocks: Thermax, Finolex Cables, Netweb, Natco Pharma hit 52-week high; Sterlite Tech at circuit
A few stocks saw sharp intraday moves and hit upper circuits. Sterlite Technologies, Indo Tech, Lux Industries, Norben Tea, Visa Steel, MSP Steel were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.