Lakshmi Machine Works is currently trading at Rs. 2010.00, up by 33.65 points or 1.70% from its previous closing of Rs. 1976.35 on the BSE.
The scrip opened at Rs. 1995.00 and has touched a high and low of Rs. 2020.00 and Rs. 1975.00 respectively. So far 593 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2330.00 on 09-Jan-2013 and a 52 week low of Rs. 1497.80 on 24-May-2012.
Last one week high and low of the scrip stood at Rs. 2019.80 and Rs. 1970.00 respectively. The current market cap of the company is Rs. 2259.05 crore.
The promoters holding in the company stood at 28.34% while Institutions and Non-Institutions held 24.86% and 46.80% respectively.
Lakshmi Machine Works has received an approval from High Court of Judicature at Madras on April 26, 2013 for merger of LMW Machinery (wholly owned subsidiary) with itself with effect from April 01, 2012.
Lakshmi Machine Works is engaged in the manufacture of textile machinery, machine tools and foundry products. LMW commands a 60% market share in the domestic textile spinning machinery industry.
| 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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