Lumax Auto Technologies Stock Shares Outstanding

LUMAXTECH   501.90  0.50  0.1%   
Lumax Auto Technologies fundamentals help investors to digest information that contributes to Lumax Auto's financial success or failures. It also enables traders to predict the movement of Lumax Stock. The fundamental analysis module provides a way to measure Lumax Auto's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lumax Auto stock.
As of November 25, 2024, Common Stock Shares Outstanding is expected to decline to about 71.6 M.
  
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Lumax Auto Technologies Company Shares Outstanding Analysis

Lumax Auto's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Lumax Auto Shares Outstanding

    
  68.16 M  
Most of Lumax Auto's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lumax Auto Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Lumax Common Stock Shares Outstanding

Common Stock Shares Outstanding

71.6 Million

At present, Lumax Auto's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Lumax Auto Technologies has 68.16 M of shares currently outstending. This is much higher than that of the Automobile Components sector and significantly higher than that of the Consumer Discretionary industry. The shares outstanding for all India stocks is notably lower than that of the firm.

Lumax Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lumax Auto's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lumax Auto could also be used in its relative valuation, which is a method of valuing Lumax Auto by comparing valuation metrics of similar companies.
Lumax Auto is currently under evaluation in shares outstanding category among its peers.

Lumax Fundamentals

About Lumax Auto Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Lumax Auto Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lumax Auto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lumax Auto Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Lumax Stock

Lumax Auto financial ratios help investors to determine whether Lumax Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lumax with respect to the benefits of owning Lumax Auto security.