Lakshmi Machine Works Ltd Share Price (LAXMIMACH)
₹16927.35
Lakshmi Machine Works Ltd share Performance
- ₹16865.1₹17340₹16927.35
0.37%
Low
Day's Volatility:2.81%
High
2.44%
- ₹10430.1₹17794.15₹16927.35
38.38%
Low
52 Weeks Volatility:43.50%
High
5.12%
| Returns % | |
| 1 Month Return | 18.02 % |
| 3 Month Return | 27.61 % |
| 1 Year Return | 61.91 % |
| Market Stats | |
| Previous Close | ₹17,045.50 |
| Open | ₹17,340.00 |
| Volume | 3,401.00 |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹18,209.71Cr |
Analyst Rating for Lakshmi Machine Works Ltd stock
based on 2 analysts
Based on 2 analysts offering long term price targets for Lakshmi Machine Works Ltd. An average target of ₹12809
Source: S&P Global Market Intelligence
Company Information
LMW is engaged in the manufacturing and export of textile spinning machinery, carding machines, auto coners, ring frames, and other related products. The company also manufactures and exports CNC machines, machine tools, and other engineering products. LMW is one of the largest manufacturers of spinning machinery in the world.
The company's top products include CNC Lathes, CNC Turning Centers, CNC Machining Centers, CNC Grinding Machines, CNC Drilling Machines, CNC Boring Machines, CNC Milling Machines, and CNC Special Purpose Machines. LMW also offers a range of popular brands such as LMW, LMW-ERP, LMW-CNC, LMW-TEX, and LMW-IT.
Share Price: ₹16927.35 per share as on 23 Apr, 2024 04:01 PM
Market Capitalisation: ₹18,209.71Cr as of today
Revenue: ₹1,213.97Cr as on December 2023 (Q4 23)
Net Profit: ₹98.77Cr as on December 2023 (Q4 23)
Listing date: 20 Jan, 1995
Chairperson Name: Sanjay Jayavarthanavelu
| Organisation | Lakshmi Machine Works Ltd |
| Headquarters | Coimbatore |
| Industry | Engineering |
| E-voting on shares | Click here to vote |
Key events for Lakshmi Machine Works Ltd
LMW ATC Delivers India's First Composite Payload Fairing to ISRO - 03 Apr, 2024
Lakshmi Machine Works Ltd's Advanced Technology Centre successfully delivered India's first private industry realised composite Ogive Payload Fairing (OPLF) for GSLV MK-III project to ISRO. The handing-over ceremony took place at ISRO headquarters in a hybrid mode.
Lakshmi Machine Works Ltd Shows Improvement in EPS and Revenue Growth - 01 Apr, 2024
Lakshmi Machine Works Ltd has shown a small improvement of 7.8% in its trailing twelve month EPS, while maintaining stable EBIT margins and growing revenue by 14% to ₹50b. Insiders own shares worth ₹23b, which is 14% of the company's total shares.
Lakshmi Machine Works Ltd Sees Surge in Volume and Stock Price - 27 Mar, 2024
Lakshmi Machine Works Ltd experiences a significant increase in trading volume, with 1.42 lakh shares traded on NSE, leading to an 11.60% surge in the stock price.
Private Companies Hold 31% Stake in Lakshmi Machine Works - 13 Mar, 2024
Private companies hold a significant stake of 31% in Lakshmi Machine Works, while insiders own ₹21b worth of shares. The top 9 shareholders collectively own 50% of the company.
Fundamentals of Lakshmi Machine Works Ltd
Insights on Lakshmi Machine Works Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, LAXMIMACH stock has moved up by 18.0%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 4.97% to 5.24% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Thermax Ltd has given 101.4% return, outperforming this stock by 39.5%
- NO EFFECT
Against Peers
In the last 3 years, Thermax Ltd has given 231.2% return, outperforming this stock by 48.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 31.13% of holdings in Mar 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 115.11 Cr → 98.77 Cr (in ₹), with an average decrease of 14.2% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 52.61% to 52.47% in Mar 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.35K Cr → 1.24K Cr (in ₹), with an average decrease of 8.1% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.55% to 3.39% in Mar 2024 quarter
Lakshmi Machine Works Ltd Valuation
Lakshmi Machine Works Ltd in the last 5 years
Lowest (-943.88x)
September 10, 2020
Industry (-46.42x)
April 22, 2024
Today (45.32x)
April 22, 2024
Highest (405.73x)
March 16, 2021
Mutual Fund Holdings
| Funds | Holdings |
 HDFC Balanced Advantage Fund Direct Plan Growth Option | 0.29% |
 Nippon India Small Cap Fund - Direct Plan - Growth Plan | 0.26% |
 HSBC Small Cap Fund Fund Direct Growth | 0.89% |
 Mahindra Manulife Small Cap Fund Direct Growth | 1% |
| Mahindra Manulife Mid Cap Fund Direct Growth | 0.72% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 31.13% | 0.00 | |
| Foreign Institutions | 5.24% | 0.00 | |
| Mutual Funds | 3.39% | 0.00 | |
| Retail Investors | 52.47% | 0.00 | |
| Others | 7.77% | 0.00 |
Technicals of Lakshmi Machine Works Ltd share
News & Events of Lakshmi Machine Works Ltd
Frequently Asked Questions
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Lakshmi Machine Works Ltd (LAXMIMACH) share price today is ₹16927.35
Lakshmi Machine Works Ltd is listed on NSE
Lakshmi Machine Works Ltd is listed on BSE
- Today’s highest price of Lakshmi Machine Works Ltd is ₹17340.
- Today’s lowest price of Lakshmi Machine Works Ltd is ₹16865.1.
PE Ratio of Lakshmi Machine Works Ltd is 45.32
PE ratio = Lakshmi Machine Works Ltd Market price per share / Lakshmi Machine Works Ltd Earnings per share
Today’s traded volume of Lakshmi Machine Works Ltd(LAXMIMACH) is 3,401.00.
Today’s market capitalisation of Lakshmi Machine Works Ltd(LAXMIMACH) is ₹18209.71Cr.
| Lakshmi Machine Works Ltd(LAXMIMACH | Price |
|---|---|
52 Week High | ₹17794.15 |
52 Week Low | ₹10430.1 |
Lakshmi Machine Works Ltd(LAXMIMACH) share price is ₹16927.35. It is down -4.87% from its 52 Week High price of ₹17794.15
Lakshmi Machine Works Ltd(LAXMIMACH) share price is ₹16927.35. It is up 62.29% from its 52 Week Low price of ₹10430.1
| Lakshmi Machine Works Ltd(LAXMIMACH | Returns |
|---|---|
1 Day Returns | -118.15% |
1 Month Returns | 18.02% |
3 Month Returns | 27.61% |
1 Year Returns | 61.91% |