Lakshmi Machine Works is currently trading at Rs. 3852.00, down by 28.65 points or 0.74% from its previous closing of Rs. 3880.65 on the BSE.
The scrip opened at Rs. 3845.00 and has touched a high and low of Rs. 3874.40 and Rs. 3834.75 respectively.
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. 3950.00 and Rs. 3825.00 respectively. The current market cap of the company is Rs. 4,220.06 crore.
The promoters holding in the company stood at 28.35%, while Institutions and Non-Institutions held 18.93% and 52.73% respectively.
The company has reported 21.63% fall in its net profit at Rs 51.26 crore for third quarter ended December 31, 2016, as compared to Rs 65.41 crore for the same quarter in the previous year. Total income of the company decreased by 16.22% at Rs 609.09 crore for the quarter under review as compared Rs 726.99 crore for the corresponding quarter previous year.
Lakshmi Machine Works 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.