Lakshmi Machine Works is currently trading at Rs. 3865.00, up by 3.40 points or 0.09 % from its previous closing of Rs. 3861.60 on the BSE.
The scrip opened at Rs. 3872.50 and has touched a high and low of Rs. 3899.25 and Rs. 3855.80 respectively. So far 212 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4698.50 on 06-Oct-2016 and a 52 week low of Rs. 3050.00 on 26-Feb-2016.
Last one week high and low of the scrip stood at Rs. 3992.35 and Rs. 3830.00 respectively. The current market cap of the company is Rs. 4359.01 crore.
The promoters holding in the company stood at 28.35%, while institutions and non-institutions held 18.93% and 52.73% respectively.
Textile machinery manufacturing major Lakshmi Machine Works has showcased 10 machines at IMTEX 2017 in Bengaluru. The products were designed in line with the company’s policy of delivering innovation and value creation, backed by a well-trained service team. The company’s solution will address needs like high productivity, accuracy, low downtime, minimal rejection and above all - an automated solution.
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.