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Can Lumino Industries IPO deliver long-term growth for high-risk investors?

Economic Times - Markets
Economic Times - Markets
Aug 27, 2026 · 6:47 AM
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Can Lumino Industries IPO deliver long-term growth for high-risk investors?
Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefit from increased demand for wires and cables. However, its debt has risen significantly due to expansion and working capital needs. Raw material price volatili…
Economic Times - Markets
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