In January 2022, SEBI, through its interim order had barred 14 entities from indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter. Later, the directions were confirmed by Sebi in May 2022.
Read more about Lux Industries extends rally post March quarter result; gains 63% in 5 days on Business Standard. Analysts at Anand Rathi Share and Stock Brokers retain their Buy rating on Lux Industries with a revised target price of Rs 3,344
Read more about Lux Industries soars 11%, hits new high on robust March quarter results on Business Standard. The management expects the April-June quarter (Q1FY22) to be relatively weak due to the pandemic and expect to improve gradually from the second quarter