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Lakshmi Machine Works rises on partially resuming operations at TMD, MTD

07 Jun 2021 Evaluate

Lakshmi Machine Works is currently trading at Rs. 6866.00, up by 63.10 points or 0.93% from its previous closing of Rs. 6802.90 on the BSE.

The scrip opened at Rs. 6850.00 and has touched a high and low of Rs. 6931.50 and Rs. 6843.25 respectively. So far 300 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7850.00 on 16-Mar-2021 and a 52 week low of Rs. 2555.00 on 16-Jun-2020.

Last one week high and low of the scrip stood at Rs. 7123.00 and Rs. 6456.00 respectively. The current market cap of the company is Rs. 7334.95 crore.

The promoters holding in the company stood at 31.11%, while Institutions and Non-Institutions held 15.74% and 53.14% respectively.

Lakshmi Machine Works has partially resumed the operations at Textile Machine Division (TMD) and Machine Tool Division (MTD) with effective from June 07, 2021 with minimal workforce.

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.

LMW Share Price

14357.85 512.40 (3.70%)
17-Apr-2026 16:59 View Price Chart
Peers
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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