Lokesh Machines soars on bagging order worth Rs 9.50 crore
Lokesh Machines is currently trading at Rs. 207.90, up by 8.30 points or 4.16% from its previous closing of Rs. 199.60 on the BSE.
The scrip opened at Rs. 205.80 and has touched a high and low of Rs. 209.00 and Rs. 205.00 respectively. So far 537 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. 213.80 and Rs. 194.10 respectively. The current market cap of the company is Rs. 409.73 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 9.50 crore (inclusive of all duties and taxes) from Directorate General, Sashastra Seema Bal (SSB), Ministry of Home Affairs, Government of India. The order is for the supply of latest SMG (9x19mm Carbine), along with accessories. The order is to be executed within 180 days from the date of issue of letter of award.
Lokesh Machines is one of the trusted, innovation-led brands, offering advanced machine tools in domestic and global markets.
