Lokesh Machines moves up on bagging order worth Rs 6.30 crore
Lokesh Machines is currently trading at Rs. 179.30, up by 0.30 points or 0.17% from its previous closing of Rs. 179.00 on the BSE.
The scrip opened at Rs. 179.70 and has touched a high and low of Rs. 183.00 and Rs. 178.70 respectively. So far 457 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 255.90 on 08-Jul-2025 and a 52 week low of Rs. 129.25 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs. 185.00 and Rs. 166.40 respectively. The current market cap of the company is Rs. 360.74 crore.
The promoters holding in the company stood at 53.60%, while Non-Institutions held 46.40% stake in the company.
Lokesh Machines has received an order worth Rs 6.30 crore (inclusive of all duties and taxes) from Directorate General, Assam Rifles, Ministry of Home Affairs, Government of India, for the supply of 9x19mm Carbine, along with accessories, essential spares and gauges. The order is to be executed within 90 days from the date of issue of acceptance of tender.
Earlier, the company had received an order worth Rs 22.00 crore (inclusive of all duties and taxes) from Advanced Weapons and Equipment India, Ministry of Defence, for supply of 9x19mm Machine Pistol Consisting Sub-Assemblies/Components.
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