Lakshmi Machine Works is currently trading at Rs 4278.80, down by 215.80 points or 4.80% from its previous closing of Rs. 4494.60 on the BSE.
The scrip opened at Rs. 4420.00 and has touched a high and low of Rs. 4420.00 and Rs. 4200.00 respectively. So far 3848 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4698.50 on 06-Oct-2016 and a 52 week low of Rs. 3050.00 on 26-Feb-2016.
Last one week high and low of the scrip stood at Rs. 4658.00 and Rs. 4,200.00 respectively. The current market cap of the company is Rs. 4820.71 crore.
The promoters holding in the company stood at 28.35%, while Institutions and Non-Institutions held 26.64% and 45.01% respectively.
Lakshmi Machine Works has reported 31.72% fall in its net profit at Rs 37.92 crore for the quarter ended September 30, 2016 as compared to Rs 55.54 crore for the same quarter in the previous year. Total income of the company decreased by 14.27% at Rs 602.07 crore for the quarter under review as compared Rs 702.32 crore for the corresponding quarter previous year.
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 |
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