Neutral impactStocks

Lumino Industries targets 25% growth as it shifts focus to wires, cables: MD Devendra Goel

CNBC-TV18 3d ago·27 Aug 2026, 1:03 pm

Devendra Goel, Managing Director of Lumino Industries, said the ₹700-crore IPO will help repay debt and strengthen the balance sheet. Lumino is also targeting 10–11% EBITDA margins, while new products could further improve profitability and cash flows.

Key takeaways

  • Category: Stocks.

Why it matters

A routine update. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at CNBC-TV18.

More Stocks news

More news

Latest headlines

More news

Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.