Anand Rathi has given Buy recommendation for Lux Industries with a target price of Rs. 2574 in its research report issued on Mar 16, 2021

Anand Rathi’s research report on Lux Industries

With its healthy growth trajectory, we are upbeat on Lux’s long-term growth prospects for its strong brand equity, long-standing operations in innerwear and new launches. Its extension to casual wear and women’s wear via the proposed merger would unlock synergies that would further propel growth.