Shares of inner wear maker Lux Industries will turn ex stock split from 6 June 2016. Th stock is currently quoting at Rs 2,000 after adjusting for a stock split from face value Rs 10 to Rs 2. So adjusted shares price of Lux Industries is Rs 10,000 !!!
The stock has been a major multibagger seeing a rally from Rs 60 in three years when it was unlisted to Rs 4,000 after listing on BSE and NSE.
We had very accurately predicted the stock to list above Rs 3,000 in November 2015.
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Also after listing, in update we had predicted that the company will announce bonus or stock split in our hold argument for the stock in December 2015.
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