Lokesh Machines touches roof on bagging order worth Rs 58.20 crore
Lokesh Machines is currently locked at its upper circuit limit of Rs. 323.10, up by 6.30 points or 1.99% from its previous closing of Rs. 316.80 on the BSE.
The scrip opened at Rs. 323.10 and has touched a high and low of Rs. 323.10 and Rs. 323.10 respectively. So far 487 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 342.75 on 08-Jul-2026 and a 52 week low of Rs. 138.00 on 09-Dec-2025.
Last one week high and low of the scrip stood at Rs. 335.90 and Rs. 311.00 respectively. The current market cap of the company is Rs. 690.52 crore.
The promoters holding in the company stood at 50.33% while non-institutions held 49.67% stake in the company.
Lokesh Machines has received an order worth Rs 58.20 crore (Inclusive of all Duties and Taxes) from Integrated Headquarters of Ministry of Defence (Army), Government of India. The order is for the supply of MOD kits for 7.62 MM Medium Machine Guns.
Earlier, the company had 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.
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