LG Balakrishnan & Bros is currently trading at Rs. 1893.70, up by 15.25 points or 0.81% from its previous closing of Rs. 1878.45 on the BSE.
The scrip opened at Rs. 1878.90 and has touched a high and low of Rs. 1900.25 and Rs. 1866.80 respectively. So far 4062 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1932.45 on 25-Nov-2025 and a 52 week low of Rs. 1080.00 on 09-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1932.45 and Rs. 1771.40 respectively. The current market cap of the company is Rs. 5971.54 crore.
The promoters holding in the company stood at 34.82%, while Institutions and Non-Institutions held 19.31% and 45.86% respectively.
LG Balakrishnan & Bros has signed a non-binding Memorandum of Understanding (MoU) with the Government of Tamil Nadu (GoTN) through its Nodal Agency ‘Guidance’.
According to this MoU, the Guidance will extend necessary support and facilitation as set forth in the MoU in the form of necessary infrastructural support and regulatory facilitation, subject to applicable laws. This will help the company in obtaining necessary permissions, regulations, approvals, allotments, clearances and incentives from the relevant Government in the State of Tamil Nadu. This reiterates the company's commitment to invest in the State of Tamil Nadu.
LG Balakrishnan & Bros is a leading player in transmission products with its Automotive Timing and Drive Chains, Sprockets, Auto Tensioners, Guides, Fine Blanked Components, Precision Machined Parts, Belts, Rubber Products and Scooter Components.
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