📅 Lumax Industries Limited Seasonality
Lumax Industries Limited (LUMAXIND) has ended October higher in 6 of the last 22 years (27%), with an average October move of -0.4%. The strongest October was 2006 (+73.1%) and the weakest was 2005 (-34.1%).
LUMAXIND · data since 2004 (23 yrs)
Prices through 16 Oct 2026
🔻 #15 monthly Bottom-25 (historically weak)
6/22
Octobers closed higher
-0.4%
Avg October move
-0.6%
October so far
November
Best month · avg +7.7%
March
Weakest month · avg -2.8%
23
Years of history
Current month: October 2026
historically up 27% of years (6/22)
avg -0.4%
best 2006 +73.1%
worst 2005 -34.1%
so far -0.6%
Lumax Industries Limited's historically strongest month is November — up in 15 of 22 years (68%) with an average gain of +7.7%. The weakest month has been March, averaging -2.8% with gains in only 10 of 23 years. The most consistent month by hit rate is July (18/23 years positive).
📊 Average return by month
Bars above the zero line are months LUMAXIND typically gained; hover for hit rates.
🗓️ Month-by-month returns (2004–2026)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | -0.2 | -1.8 | -2.8 | +4.8 | +4.5 | +3.7 | +6.6 | +7.2 | +1.2 | -0.4 | +7.7 | +2.5 |
| Up % | 32% | 30% | 43% | 65% | 52% | 52% | 78% | 52% | 52% | 27% | 68% | 59% |
| 2026 | -6.7 | +24.2 | -23.0 | +9.4 | +10.3 | -6.0 | +0.1 | +18.0 | -10.7 | -0.6 | · | · |
| 2025 | -6.6 | +8.3 | +7.7 | -7.0 | +25.9 | +22.2 | +7.6 | +7.9 | +20.0 | -1.2 | +12.4 | -7.0 |
| 2024 | -0.8 | -6.0 | +4.3 | +5.8 | +0.7 | +8.2 | +3.8 | +1.3 | -11.4 | -4.7 | -6.6 | +0.9 |
| 2023 | -0.5 | -1.8 | +7.0 | +15.9 | -7.2 | +11.5 | -0.8 | +7.8 | +5.3 | -9.9 | +27.7 | -9.8 |
| 2022 | -8.1 | -7.4 | -12.3 | +8.3 | +24.7 | +6.3 | +18.7 | +6.7 | +0.7 | -6.0 | +27.9 | -13.3 |
| 2021 | -1.5 | +10.4 | +8.1 | -5.3 | +5.9 | -5.5 | -0.3 | -4.8 | +0.1 | -6.9 | +3.4 | -14.6 |
| 2020 | +17.0 | -17.5 | -29.3 | +19.9 | -15.3 | +23.1 | +14.4 | +15.0 | -7.3 | -5.7 | +6.0 | +3.5 |
| 2019 | -9.8 | +9.1 | +7.7 | -4.8 | -14.6 | -12.0 | -23.0 | +32.0 | -5.2 | +3.6 | -0.6 | +0.4 |
| 2018 | -1.7 | +22.5 | -3.8 | +4.9 | +1.9 | -13.9 | +2.4 | -5.0 | -0.2 | -19.8 | +6.7 | +0.8 |
| 2017 | +39.9 | +29.9 | +1.1 | +4.5 | -5.8 | +5.0 | -0.6 | -6.9 | -5.1 | +35.4 | +17.0 | +7.8 |
| 2016 | -5.0 | -15.3 | +13.5 | +6.8 | +11.9 | +43.0 | +11.8 | -17.1 | +24.5 | +15.9 | -16.8 | -4.8 |
| 2015 | -0.3 | -9.8 | -9.6 | -4.9 | +0.9 | -7.4 | +66.1 | -12.3 | +1.1 | -3.4 | +19.3 | -5.6 |
| 2014 | -0.5 | -1.3 | -10.1 | +1.1 | +7.9 | +0.6 | +2.3 | +27.7 | -12.3 | -0.1 | +10.7 | +1.9 |
| 2013 | -2.2 | -7.7 | -1.1 | +3.8 | -2.9 | -4.3 | +3.8 | -3.6 | +3.5 | -2.6 | +1.1 | -0.7 |
| 2012 | +3.3 | +2.6 | -7.6 | +4.0 | -5.0 | +7.7 | +3.3 | -1.2 | -1.5 | -0.8 | -0.5 | +1.0 |
| 2011 | +21.8 | -16.8 | +13.7 | +0.4 | -5.1 | -4.4 | +1.8 | -1.5 | +19.4 | +4.3 | -3.3 | -3.4 |
| 2010 | +6.7 | -4.1 | -3.8 | +23.0 | -4.3 | +45.1 | +6.6 | -3.3 | +2.4 | -6.0 | +0.0 | +6.9 |
| 2009 | -17.2 | -8.8 | -1.9 | +32.9 | +44.9 | -14.1 | +13.0 | +13.6 | +32.8 | -12.2 | +13.6 | -4.8 |
| 2008 | -37.9 | -14.0 | -27.9 | -6.2 | -3.5 | -26.0 | +3.1 | +30.9 | -28.6 | -30.3 | -16.6 | +31.2 |
| 2007 | +3.1 | -9.0 | +2.0 | -12.7 | +3.5 | +3.9 | +3.6 | -5.8 | +0.1 | -1.1 | +1.3 | +6.3 |
| 2006 | +7.5 | -8.3 | +5.2 | -0.2 | -1.8 | +14.6 | +10.5 | +46.5 | -1.0 | +73.1 | +22.0 | +7.6 |
| 2005 | -4.2 | -2.0 | -2.5 | -2.4 | +41.9 | -5.9 | +0.0 | -5.5 | -6.4 | -34.1 | +29.3 | +2.0 |
| 2004 | · | -19.8 | -0.9 | +14.2 | -10.9 | -5.7 | +2.6 | +26.3 | +8.3 | +4.1 | +14.8 | +49.1 |
🏆 Top 25 seasonal picks — October 2026
| # | Stock | Record | Win % | Avg return | So far |
|---|---|---|---|---|---|
| 1 | MUTHOOTFIN Muthoot Finance Limited | 13/15 yrs up | 87% | +4.4% | -5.1% |
| 2 | POKARNA Pokarna Limited | 9/10 yrs up | 90% | +9.7% | +1.2% |
| 3 | STYRENIX Styrenix Performance Materials Limited | 18/22 yrs up | 82% | +3.7% | +2.3% |
| 4 | TBZ Tribhovandas Bhimji Zaveri Limited | 12/14 yrs up | 86% | +12.3% | +19.5% |
| 5 | RAMCOCEM The Ramco Cements Limited | 17/22 yrs up | 77% | +0.6% | -4.8% |
| 6 | OBEROIRLTY Oberoi Realty Limited | 12/15 yrs up | 80% | +6.1% | -3.5% |
| 7 | PDSL PDS Limited | 9/11 yrs up | 82% | +9.4% | -2.8% |
| 8 | MCX Multi Comm. Exc. | 11/14 yrs up | 79% | +8.9% | -4.2% |
| 9 | INDOTECH Indo Tech Transformers Limited | 15/20 yrs up | 75% | +6.7% | -3.8% |
| 10 | SUZLON Suzlon Energy Limited | 15/20 yrs up | 75% | +4.8% | +6.4% |
| 11 | RSYSTEMS R Systems International Limited | 15/20 yrs up | 75% | +4.2% | -6.6% |
| 12 | IFBAGRO IFB Agro Industries Limited | 16/22 yrs up | 73% | +11.7% | -3.1% |
| 13 | GMDCLTD Gujarat Mineral Development Corporation Limited | 16/22 yrs up | 73% | +8.5% | -7.2% |
| 14 | USHAMART Usha Martin Limited | 16/22 yrs up | 73% | +6.0% | -1.5% |
| 15 | GSFC Gujarat State Fertilizers & Chemicals Limited | 16/22 yrs up | 73% | +4.6% | -1.3% |
| 16 | ICICIBANK ICICI Bank Limited | 16/22 yrs up | 73% | +4.5% | +5.7% |
| 17 | SHRIRAMFIN Shriram Finance Limited | 16/22 yrs up | 73% | +2.8% | -4.3% |
| 18 | KABRAEXTRU Kabra Extrusion Technik Limited | 16/22 yrs up | 73% | +2.2% | +0.4% |
| 19 | HIRECT Hind Rectifiers Limited | 14/19 yrs up | 74% | +4.7% | -2.7% |
| 20 | TI Tilaknagar Industries Limited | 12/16 yrs up | 75% | +9.5% | +2.0% |
| 21 | KECL Kirloskar Electric Company Limited | 12/16 yrs up | 75% | +8.0% | -1.9% |
| 22 | IMFA Indian Metals & Ferro Alloys Limited | 12/16 yrs up | 75% | +8.0% | -0.9% |
| 23 | DBREALTY Valor Estate Limited | 12/16 yrs up | 75% | +7.4% | -9.7% |
| 24 | ATULAUTO Atul Auto Limited | 10/13 yrs up | 77% | +8.3% | -5.6% |
| 25 | MINDTECK Mindteck (India) Limited | 8/10 yrs up | 80% | +5.1% | -2.8% |
“So far” = return in the current (incomplete) period. Full methodology and the
past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026
historically up 55% of years (12/22)
avg +10.3%
so far -0.6%
By quarter, Q3 (Jul–Sep) has been the strongest for LUMAXIND: up in 15 of 23 years, averaging +14.6%. Q1 (Jan–Mar) has been the softest (-3.1% on average). The current quarter (Q4) has historically closed higher 55% of the time.
📊 Average return by quarter
Calendar quarters, close-to-close. Hover for hit rates.
🗓️ Quarter-by-quarter returns
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Avg | -3.1 | +14.0 | +14.6 | +10.3 |
| Up % | 36% | 61% | 65% | 55% |
| 2026 | -10.8 | +13.4 | +5.5 | -0.6 |
| 2025 | +8.9 | +43.1 | +39.4 | +3.3 |
| 2024 | -2.7 | +15.3 | -6.8 | -10.2 |
| 2023 | +4.6 | +19.8 | +12.6 | +3.8 |
| 2022 | -25.4 | +43.5 | +27.5 | +4.2 |
| 2021 | +17.5 | -5.3 | -5.0 | -17.7 |
| 2020 | -31.8 | +25.0 | +22.0 | +3.4 |
| 2019 | +5.9 | -28.4 | -3.7 | +3.4 |
| 2018 | +15.9 | -7.9 | -2.9 | -13.7 |
| 2017 | +83.8 | +3.3 | -12.1 | +70.8 |
| 2016 | -8.7 | +70.9 | +15.4 | -8.3 |
| 2015 | -18.7 | -11.2 | +47.3 | +8.7 |
| 2014 | -11.7 | +9.7 | +14.6 | +12.7 |
| 2013 | -10.6 | -3.5 | +3.6 | -2.2 |
| 2012 | -2.0 | +6.4 | +0.5 | -0.3 |
| 2011 | +15.2 | -9.0 | +19.7 | -2.6 |
| 2010 | -1.6 | +70.7 | +5.5 | +0.4 |
| 2009 | -25.9 | +65.5 | +70.4 | -5.1 |
| 2008 | -61.5 | -33.0 | -3.6 | -23.7 |
| 2007 | -4.3 | -6.2 | -2.3 | +6.6 |
| 2006 | +3.8 | +12.3 | +60.3 | +127.2 |
| 2005 | -8.5 | +30.4 | -11.5 | -13.1 |
| 2004 | · | -4.0 | +40.4 | +78.2 |
🏆 Top 25 seasonal picks — Q4 2026
| # | Stock | Record | Win % | Avg return | So far |
|---|---|---|---|---|---|
| 1 | RHIM RHI MAGNESITA INDIA LIMITED | 13/14 yrs up | 93% | +14.0% | -3.8% |
| 2 | APOLLOHOSP Apollo Hospitals Enterprise Limited | 19/22 yrs up | 86% | +6.2% | -3.4% |
| 3 | RSYSTEMS R Systems International Limited | 17/20 yrs up | 85% | +24.7% | -6.6% |
| 4 | STAR Strides Pharma Science Limited | 18/22 yrs up | 82% | +6.3% | -6.7% |
| 5 | DRREDDY Dr. Reddy's Laboratories Limited | 18/22 yrs up | 82% | +4.5% | +0.0% |
| 6 | PROZONER Prozone Realty Limited | 12/14 yrs up | 86% | +19.8% | -3.9% |
| 7 | POLYMED Poly Medicure Limited | 12/14 yrs up | 86% | +9.2% | -4.8% |
| 8 | INDOTECH Indo Tech Transformers Limited | 16/20 yrs up | 80% | +23.2% | -3.8% |
| 9 | TI Tilaknagar Industries Limited | 13/16 yrs up | 81% | +22.7% | +2.0% |
| 10 | FIEMIND Fiem Industries Limited | 15/19 yrs up | 79% | +14.2% | +2.2% |
| 11 | BSOFT BIRLASOFT LIMITED | 17/22 yrs up | 77% | +21.8% | +17.1% |
| 12 | SONATSOFTW Sonata Software Limited | 17/22 yrs up | 77% | +20.2% | -4.0% |
| 13 | FACT Fertilizers and Chemicals Travancore Limited | 17/22 yrs up | 77% | +20.1% | -3.3% |
| 14 | TVSHLTD TVS Holdings Limited | 17/22 yrs up | 77% | +15.4% | -5.0% |
| 15 | APARINDS Apar Industries Limited | 17/22 yrs up | 77% | +15.1% | -7.8% |
| 16 | STYRENIX Styrenix Performance Materials Limited | 17/22 yrs up | 77% | +11.0% | +2.3% |
| 17 | EPL EPL Limited | 17/22 yrs up | 77% | +10.4% | -2.1% |
| 18 | TORNTPHARM Torrent Pharmaceuticals Limited | 17/22 yrs up | 77% | +8.5% | -5.0% |
| 19 | WIPRO Wipro Limited | 17/22 yrs up | 77% | +8.4% | +16.3% |
| 20 | HINDALCO Hindalco Industries Limited | 17/22 yrs up | 77% | +7.6% | -3.6% |
| 21 | VTL Vardhman Textiles Limited | 17/22 yrs up | 77% | +7.4% | -0.5% |
| 22 | HDFCBANK HDFC Bank Limited | 17/22 yrs up | 77% | +6.2% | +2.8% |
| 23 | COROMANDEL Coromandel International Limited | 17/22 yrs up | 77% | +5.9% | +0.0% |
| 24 | ASIANPAINT Asian Paints Limited | 17/22 yrs up | 77% | +4.3% | -2.9% |
| 25 | JPOLYINVST Jindal Poly Investment and Finance Company Limited | 10/12 yrs up | 83% | +34.9% | +2.1% |
“So far” = return in the current (incomplete) period. Full methodology and the
past-performance record of these lists: Seasonality hub →
❓ LUMAXIND seasonality — FAQ
How often does Lumax Industries Limited rise in October?
Historically LUMAXIND has closed October with a gain in 6 out of 22 years — a 27% hit rate — averaging -0.4% for the month (data since 2004).
Which is the best month to buy Lumax Industries Limited historically?
Based on 22 years of data, November has been LUMAXIND's strongest month: positive in 68% of years with an average return of +7.7%. Past seasonality does not guarantee future results.
Which is the weakest month for Lumax Industries Limited?
March has historically been the weakest month for LUMAXIND, with an average move of -2.8% and gains in just 10 of 23 years.
Which quarter is historically strongest for Lumax Industries Limited?
Q3 (Jul–Sep) — positive in 15 of 23 years with an average return of +14.6%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.
Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2004. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.
