Lux Industries

Reasons for buying:

Buy PE was reasonable at 19.99 and below 10 years PE median of 32.63.

The 5-year earnings average is 35.02% and earnings increasing since 2015.

Return on equity is good at 36.18% but the 5-year average is 29.17%.

The market cap of the company is ₹7,283.36 Cr.

The debt of the company is ₹126.10 Cr with ₹261.43 Cr in cash.

Buy date: 16-Mar-2022

Qty: 4 Buy Price: ₹2422 Buy EPS: 121.11 Buy PE: 19.99

I will stop buying when EPS drops from the current EPS but will add 10k if the price drops to ₹2179 and EPS remains the same.

Lux Industries is an Indian company that is engaged in the manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomers, panties, slacks and slips, and winter wear. It markets its products under the brand name of Lux Cozi, Lux Cozi Bigshot, Lux Venus, Lux Classic, Lux Inferno, Lux Cottswool, and others. Geographically, it derives a majority of revenue from India.