Lakshmi Machine Works is currently trading at Rs 4049.95, up by 95.95 points or 2.43% from its previous closing of Rs 3954.00 on the BSE.
The scrip opened at Rs 4000.00 and has touched a high and low of Rs 4049.95 and Rs 3940.50 respectively.
The BSE group 'B ' stock of face value Rs 10 has touched a 52 week high of Rs 4311.00 on 02-Sep-2014 and a 52 week low of Rs 2016.00 on 30-Sep-2013.
Last one week high and low of the scrip stood at Rs. 4204.80 and Rs. 3887.20 respectively. The current market cap of the company is Rs. 4536.46 crore.
The promoters holding in the company stood at 28.35% while Institutions and Non-Institutions held 25.47% and 46.19% respectively.
Lakshmi Machine Works has entered into a technology transfer agreement with Coimbatore-based company -- Veejay Lakshmi Engineering Works -- for obtaining technical knowhow for manufacture by the company the Winding Machine, developed by Veejay Lakshmi.
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.
