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Lakshmi Machine Works suspends operations of Textile Machinery, Machine Tools Division

25 May 2021 Evaluate

Lakshmi Machine Works has suspended operations of Textile Machinery Division (TMD) and Machine Tools Division (MTD) from May 24, 2021 until further notice, in view of continuing COVID - 19 pandemic and in line with the Directives issued by the Governmental authorities, the Company has been taking necessary measures to ensure safety and health of all its stakeholders including employees.

Lakshmi Machine Works is engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings and parts and components for Aero space industry. The company caters to both domestic and international markets.

Peers
Company Name CMP
LMW 17784.75
Lohia Corp 538.40
Stovec Industries 1588.70
Veejay Lakshmi Engg 38.20
Indian Card Clothing 210.00
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