Lakshmi Machine Works is currently trading at Rs. 2787.00, up by 28.00 points or 1.01% from its previous closing of Rs. 2759.00 on the BSE.
The scrip opened at Rs. 2780.00 and has touched a high and low of Rs. 2790.80 and Rs. 2740.00 respectively. So far 1002 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2800.05 on 19-Dec-2013 and a 52 week low of Rs. 1725.10 on 31-Jul-2013.
Last one week high and low of the scrip stood at Rs. 2800.05 and Rs. 2640.00 respectively. The current market cap of the company is Rs. 3,139 crore.
The promoters holding in the company stood at 28.34% while Institutions and Non-Institutions held 25.22% and 46.44% respectively.
Lakshmi Machine Works, textile machinery major, has marked its foray into the real estate sector. The company has joined hands with Sobha Developers to launch a unique residential project called ‘elan’ at Parasakthi Nagar, Ganapathy in Coimbatore.
The project signifies elegance, energy and style. The 4.76 acre development offers 236 units of 1 BHK, 2 BHK and 3 BHK configurations ranging from 800 - 1700 sq feet, priced between Rs 45 lakh to Rs one crore. élan is designed in such a way whereby, 20% of its units will go in accommodating 1 BHK; 50% will accommodate 2 BHK and the rest will be 3 BHK.
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 |
| View more.. | |
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