Lux Industries plans major capacity expansion amid restructuring
pre-market1 source ↓written by the desknot a recommendation
- 20 lakh sq. ft.
- annually
- 14-15 crore pieces
- on Monday
- 3.55%
Lux Industries is restructuring and plans a major capacity expansion to support growth. The company will increase its Dankuni facility from 8 lakh sq. ft. to 20 lakh sq. ft., aiming to produce 14-15 crore pieces annually. The stock rose nearly 3.55% on Monday, reflecting positive market sentiment.
Not investment advice. For informational purposes only.