Lakshmi Machine Works is currently trading at Rs. 2827.85, up by 96.40 points or 3.53% from its previous closing of Rs. 2731.45 on the BSE.
The scrip opened at Rs. 2800.00 and has touched a high and low of Rs. 2869.00 and Rs. 2799.95 respectively. So far 1644 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2920.00 on 26-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. 2865.00 and Rs. 2680.00 respectively. The current market cap of the company is Rs. 3,192 crore.
The promoters holding in the company stood at 28.34% while Institutions and Non-Institutions held 24.87% and 46.78% respectively.
The company has reported a rise of over two fold in its net profit at Rs 52.40 crore for the quarter as compared to Rs 19.10 crore for the same quarter in the previous year. Total income of the company has increased by 46.19% at Rs 629.63 crore for quarter under review as compared to Rs 430.68 crore for the quarter ended December 31, 2012.
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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