{"id":317719,"date":"2026-10-21T09:26:52","date_gmt":"2026-10-21T03:56:52","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=317719"},"modified":"2026-10-21T09:26:52","modified_gmt":"2026-10-21T03:56:52","slug":"lumino-best-stock-in-its-sector","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/","title":{"rendered":"Is Lumino Industries the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Lumino Industries CMP Rs 100 (21 Oct 2026). Market cap Rs 3,053 Cr. ROE 21.93%. P\/E 19.10x versus Industry P\/E 22.67x.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Lumino Industries is one of the names investors compare when screening the Cables and Conductors sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.<\/p>\n<\/p><\/div>\n<p>Is <a href=\"https:\/\/univest.in\/stocks\/lumino\/lumino-industries-limited-share-price-today\">Lumino Industries<\/a> the best stock in its sector? The stock trades on the NSE at Rs 100 as of 21 October 2026, within its 52-week range of Rs 94.50 to Rs 122.00. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/abbott-india-best-stock-in-its-sector\">Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=lumino-best-stock-in-its-sector\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#About_Lumino_Industries\" title=\"About Lumino Industries\">About Lumino Industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#Is_Lumino_Industries_the_Best_Stock_in_Its_Sector\" title=\"Is Lumino Industries the Best Stock in Its Sector?\">Is Lumino Industries the Best Stock in Its Sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#How_Lumino_Industries_Compares_Against_Its_Cables_and_Conductors_Sector_Peers\" title=\"How Lumino Industries Compares Against Its Cables and Conductors Sector Peers\">How Lumino Industries Compares Against Its Cables and Conductors Sector Peers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#What_Makes_Lumino_Industries_Worth_Watching_in_Cables_and_Conductors\" title=\"What Makes Lumino Industries Worth Watching in Cables and Conductors\">What Makes Lumino Industries Worth Watching in Cables and Conductors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#Lumino_Industries_Valuation_Is_It_Justified\" title=\"Lumino Industries Valuation: Is It Justified?\">Lumino Industries Valuation: Is It Justified?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#How_to_Track_Lumino_Industries_Before_You_Invest\" title=\"How to Track Lumino Industries Before You Invest\">How to Track Lumino Industries Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#Is_Lumino_Industries_the_best_stock_in_its_sector\" title=\"Is Lumino Industries the best stock in its sector?\">Is Lumino Industries the best stock in its sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#What_is_the_current_share_price_of_Lumino_Industries\" title=\"What is the current share price of Lumino Industries?\">What is the current share price of Lumino Industries?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#What_sector_does_Lumino_Industries_belong_to\" title=\"What sector does Lumino Industries belong to?\">What sector does Lumino Industries belong to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#How_does_Lumino_Industries_compare_to_its_sector_peers_on_PE\" title=\"How does Lumino Industries compare to its sector peers on P\/E?\">How does Lumino Industries compare to its sector peers on P\/E?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#What_is_Lumino_Industries_return_on_equity\" title=\"What is Lumino Industries&#8217; return on equity?\">What is Lumino Industries&#8217; return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/lumino-best-stock-in-its-sector\/#Should_I_invest_in_Lumino_Industries_based_on_its_sector_position\" title=\"Should I invest in Lumino Industries based on its sector position?\">Should I invest in Lumino Industries based on its sector position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Lumino_Industries\"><\/span><strong>About Lumino Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lumino Industries Ltd is headquartered in Kolkata with a manufacturing facility in Howrah, and it makes cables, conductors and wires. It is also an EPC provider for distribution and transmission, railway electrification, reconductoring with HTLS conductors, solar and extra high voltage work. At a market capitalisation of Rs 3,053 Cr, it is tracked as part of the Cables and Conductors sector on Univest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Lumino_Industries_the_Best_Stock_in_Its_Sector\"><\/span><strong>Is Lumino Industries the Best Stock in Its Sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lumino Industries makes its case as the best stock in its sector primarily on valuation relative to its Industry P\/E, backed by its return on equity. Lumino Industries&#8217; 19.10x P\/E is below the 22.67x Industry P\/E, Polycab India at 38.67x and KEI Industries at 43.94x, while its 21.93% ROE is lower than Polycab India at 22.25%, though higher than KEI Industries at 13.78%, and its debt to equity ratio of 0.55 is above Polycab India at 0.02 and KEI Industries at 0.04.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Metric<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Lumino Industries<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">CMP (NSE)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 100.41<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">52-Week High \/ Low<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 122.00 \/ Rs 94.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Market Cap<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 3,053 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/E (TTM) vs Industry P\/E<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">19.10x vs 22.67x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">P\/B<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">2.48<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">ROE<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">21.93%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">EPS (TTM)<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">Rs 5.25<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Dividend Yield<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.00%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Debt to Equity<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.55<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Lumino Industries Against Other Cables and Conductors Sector Stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Lumino_Industries_Compares_Against_Its_Cables_and_Conductors_Sector_Peers\"><\/span><strong>How Lumino Industries Compares Against Its Cables and Conductors Sector Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets Lumino Industries against 2 other Cables and Conductors sector names, using the same live data source for every company. A peer average row is included for P\/E, ROE and debt to equity, calculated across the 2 peer companies.<\/p>\n<table style=\"width:100%;border-collapse:collapse;\">\n<tr>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #ddd;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/lumino\/lumino-industries-limited-share-price-today\">Lumino Industries<\/a><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">3,053<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">19.10<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">21.93%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">Polycab India<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">1,23,827<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">38.67<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">22.25%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\">KEI Industries<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">43,797<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">43.94<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">13.78%<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">0.04<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>Peer average (2 companies)<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\">&#8211;<\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>41.30<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>18.02%<\/strong><\/td>\n<td style=\"border:1px solid #ddd;padding:8px;\"><strong>0.03<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Measured against the peer averages, Lumino Industries&#8217; P\/E is 54 percent below the 41.30x average, and its ROE is 3.91 percentage points above the 18.02% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Makes_Lumino_Industries_Worth_Watching_in_Cables_and_Conductors\"><\/span><strong>What Makes Lumino Industries Worth Watching in Cables and Conductors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Scale:<\/strong> At Rs 3,053 Cr, its market capitalisation is smaller than Polycab India (Rs 1,23,827 Cr) and KEI Industries (Rs 43,797 Cr), which is a useful reminder that the peers differ in size as well as in valuation.<\/li>\n<li><strong>Sector drivers:<\/strong> Power transmission and railway electrification spending is the main source of demand for its conductors and EPC services.<\/li>\n<li><strong>Key risk:<\/strong> Copper and aluminium prices feed straight into its costs, and with debt at a moderate level for its size, a delay in utility payments could strain working capital. The stock has traded in a fairly narrow band since listing.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Lumino_Industries_Valuation_Is_It_Justified\"><\/span><strong>Lumino Industries Valuation: Is It Justified?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>At a P\/B ratio of 2.48, the market pays about Rs 2.48 for every rupee of book value, and the EPS (TTM) of Rs 5.25 is the earnings base behind the P\/E. The stock trades about 18 percent below its 52-week high and about 6 percent above its 52-week low. The company does not currently show a dividend yield, so returns for shareholders depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/ofss-best-stock-in-its-sector\">Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Lumino Industries and other Cables and Conductors sector stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_Lumino_Industries_Before_You_Invest\"><\/span><strong>How to Track Lumino Industries Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before deciding whether Lumino Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Cables and Conductors sector peers using the steps below.<\/p>\n<ol>\n<li>Open the Univest Screener and search for Lumino Industries to view live price, valuation ratios, and peer comparisons within the Cables and Conductors sector.<\/li>\n<li>Compare its P\/E, P\/B, and ROE against other Cables and Conductors sector stocks before deciding if the current valuation fits your strategy.<\/li>\n<li>Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.<\/li>\n<li>Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lumino Industries gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Cables and Conductors depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Is_Lumino_Industries_the_best_stock_in_its_sector\"><\/span><strong>Is Lumino Industries the best stock in its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Lumino Industries has a 21.93% ROE and trades at 19.10x P\/E against a 22.67x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 18.02% peer average and its P\/E is below the 41.30x peer average. Its debt to equity ratio of 0.55 is above the 0.03 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_share_price_of_Lumino_Industries\"><\/span><strong>What is the current share price of Lumino Industries?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lumino Industries was trading at Rs 100.41 on the NSE as of 21 October 2026, and its 52-week range runs from Rs 94.50 to Rs 122.00. That leaves the share price 18 percent short of the 52-week high and 6 percent clear of the 52-week low. Its market capitalisation is Rs 3,053 Cr and its EPS (TTM) is Rs 5.25, which is the earnings figure behind the 19.10x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_Lumino_Industries_belong_to\"><\/span><strong>What sector does Lumino Industries belong to?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lumino Industries is classified under the Cables and Conductors sector on Univest, and that group of listed companies is the reference point for the 22.67x Industry P\/E used in this article. The 2 named peers compared here are Polycab India and KEI Industries, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Cables and Conductors sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Lumino_Industries_compare_to_its_sector_peers_on_PE\"><\/span><strong>How does Lumino Industries compare to its sector peers on P\/E?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lumino Industries&#8217; P\/E of 19.10x is below the 41.30x average of the 2 named peers, with Polycab India at 38.67x and KEI Industries at 43.94x. It also sits below the 22.67x Industry P\/E, which is the benchmark for the wider Cables and Conductors sector. A P\/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 2.48 gives one more view of how the market values its book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Lumino_Industries_return_on_equity\"><\/span><strong>What is Lumino Industries&#8217; return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lumino Industries reported a return on equity of 21.93%, which is above the 18.02% average of its named peers, with Polycab India at 22.25% and KEI Industries at 13.78%. ROE shows how much profit a company generates on every rupee of shareholders&#8217; equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.55 against a peer average of 0.03. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_Lumino_Industries_based_on_its_sector_position\"><\/span><strong>Should I invest in Lumino Industries based on its sector position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sector position is only one input into an investment decision. Lumino Industries has a 21.93% ROE and a 19.10x P\/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is Lumino Industries the best stock in its sector?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Lumino Industries has a 21.93% ROE and trades at 19.10x P\/E against a 22.67x Industry P\/E. Against the 2 peers compared in this article, its ROE is above the 18.02% peer average and its P\/E is below the 41.30x peer average. Its debt to equity ratio of 0.55 is above the 0.03 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.\"}},{\"@type\":\"Question\",\"name\":\"What is the current share price of Lumino Industries?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lumino Industries was trading at Rs 100.41 on the NSE as of 21 October 2026, and its 52-week range runs from Rs 94.50 to Rs 122.00. That leaves the share price 18 percent short of the 52-week high and 6 percent clear of the 52-week low. Its market capitalisation is Rs 3,053 Cr and its EPS (TTM) is Rs 5.25, which is the earnings figure behind the 19.10x P\/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.\"}},{\"@type\":\"Question\",\"name\":\"What sector does Lumino Industries belong to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lumino Industries is classified under the Cables and Conductors sector on Univest, and that group of listed companies is the reference point for the 22.67x Industry P\/E used in this article. The 2 named peers compared here are Polycab India and KEI Industries, chosen as comparable listed names so that the P\/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Cables and Conductors sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.\"}},{\"@type\":\"Question\",\"name\":\"How does Lumino Industries compare to its sector peers on P\/E?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lumino Industries' P\/E of 19.10x is below the 41.30x average of the 2 named peers, with Polycab India at 38.67x and KEI Industries at 43.94x. It also sits below the 22.67x Industry P\/E, which is the benchmark for the wider Cables and Conductors sector. A P\/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P\/B ratio of 2.48 gives one more view of how the market values its book value.\"}},{\"@type\":\"Question\",\"name\":\"What is Lumino Industries' return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lumino Industries reported a return on equity of 21.93%, which is above the 18.02% average of its named peers, with Polycab India at 22.25% and KEI Industries at 13.78%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.55 against a peer average of 0.03. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.\"}},{\"@type\":\"Question\",\"name\":\"Should I invest in Lumino Industries based on its sector position?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sector position is only one input into an investment decision. Lumino Industries has a 21.93% ROE and a 19.10x P\/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Is Lumino Industries the best stock in its Cables and Conductors sector? A data-driven comparison against named peers on P\/E, ROE and more.<\/p>\n","protected":false},"author":38,"featured_media":317717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5839,1019],"class_list":["post-317719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-sector-stocks","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["317717"],"rank_math_title":["Is Lumino Industries the Best Stock in Its Sector? A Look at the Numbers"],"rank_math_description":["Is Lumino Industries the best stock in its Cables and Conductors sector? A data-driven comparison against named peers on P\/E, ROE and more."],"rank_math_focus_keyword":["Is Lumino Industries the Best Stock in Its Sector? 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