Wednesday, October 27, 2021

Lumax Group looks at Rs 450 crore capex in FY22-23

Lumax Group looks at Rs 450 crore capex in FY22-23 Of Rs 450 crore capex that Lumax Group is looking for, about Rs 150 crore would be for building electronic competency and Rs 150 crore for brownfield capacity building. The rest would be dedicated to some joint ventures, says Deepak Jain, Chairman and MD, Lumax Industries.

from Moneycontrol Business News https://ift.tt/3nB9yCk

No comments:

Post a Comment

US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...