Lakshmi Machine Works is currently trading at Rs. 3460.00, up by 28.05 points or 0.82% from its previous closing of Rs. 3431.95 on the BSE.
The scrip opened at Rs. 3480.00 and has touched a high and low of Rs. 3485.00 and Rs. 3426.10 respectively. So far 664 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3575.00 on 26-May-2014 and a 52 week low of Rs. 1725.10 on 31-Jul-2013.
Last one week high and low of the scrip stood at Rs. 3548.70 and Rs. 3333.00 respectively. The current market cap of the company is Rs. 3922.88 crore.
The promoters holding in the company stood at 28.35% while Institutions and Non-Institutions held 25.00% and 46.66% respectively.
Lakshmi Machine Works (LMW), textile machinery manufacturing major, has rolled out new models of three machines such as JV Kraft, LVS25 and Smarturn LT. JV Kraft is a vertical machining centre, and would cater to the needs of diverse industrial segments from aerospace to job shops.
LVS25, which is a vertical pick up spindle lathe with twin arm component loader, is a variant developed by LMW for modern machine shops. The Smarturn LT CNC turning centre is a variant of CNC lathe ‘Smarturn’. This machine is designed with linear tools and is an ideal production partner for small parts.
Lakshmi Machine Works, founded in the year 1962 is a global player and among the top three manufacturers of the entire range of Textile Spinning Machinery ranging from Blow Room to Ring Spinning.
| Company Name | CMP |
|---|---|
| LMW | 14357.85 |
| Stovec Inds | 2005.30 |
| Harish Textile Engin | 69.90 |
| Veejay Lakshmi Engg | 37.83 |
| Meera Industries | 59.68 |
| View more.. | |
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