LA

Lakshmi Machine Works LtdNSE LAXMIMACH Stock Report

Last reporting period 31 Mar, 2024

Updated 31 Oct, 2024

Last price

Market cap $B

0.471

Micro

Exchange

XNSE - National Stock Exchange Of India

LAXMIMACH.NS Stock Analysis

LA

Neutral

Based on Eyestock quantitative analysis, LAXMIMACH.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

63/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

4.9 %

Undervalued

Market cap $B

0.471

Dividend yield

0.47 %

Shares outstanding

10.683 B

Lakshmi Machine Works Ltd. engages in the manufacture and sale of textile spinning machinery. The company is headquartered in Coimbatore, Tamil Nadu and currently employs 3,418 full-time employees. The firm is engaged in the manufacturing and selling of textile spinning machinery, computer numerical control machine tools, heavy castings and parts and components for the aerospace industry. The firm caters to both domestic and international markets. The firm operates through four divisions: Textile Machinery Division (TMD), Machine Tool Division (MTD), Foundry Division (FDY) and Advanced Technology Centre (ATC). TMD division is engaged in the manufacturing of a range of textile spinning machinery globally. MTD division is involved in developing and delivering customized machining solutions. FDY division is engaged in making precision castings for global brands across the world. ATC is involved in manufacturing aerospace components and assemblies for global players in the sector. Its TMD division offers card sliver systems, combing system, ring spinning system, compact spinning system and other.

View Section: Eyestock Rating