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IS:LAXMIMACH Lakshmi Machine Works Limited

Lakshmi Machine Works Limited manufactures and sells textile spinning machinery, CNC machine tools, heavy castings, and parts and components in India and internationally. It operates through three segments: Textile Machinery Division, Machine Tool & Foundry Division, and Advanced Technology Centre. The company offers a range of textile machinery, including card sliver systems, combing systems, and ring and post spinning systems; and components, such as gears, spindles, rings, top rollers, flyers, and cots and aprons. It also provides machine tools comprising turning, milling, and turnmill products for various sectors, including auto components, automobile, tool room, industrial machines, motors, pumps and valves, and others. In addition, the company offers ductile iron castings consisting of windmill, locomotive, marine transmission, and traction motor castings, as well as railway undercarriage parts and traction gearbox housings; and grey iron castings that include engine, turbo charger, and heavy pump castings, as well as hydraulic transmission parts. Further, it provides aerospace parts and components, which comprise brackets, stiffeners, frames, fairings, wings, ribs, fuselage, etc.; engine and landing gear parts, including casings, blisks, shafts, housings, stators, NGVs, pump housing bushings, sleeves, and sub-assys, as well as LRU`s gear boxes, actuators, and landing gears; and sheet metal fabrications, such as aero engine sheet metal components, assemblies and fabrications, seal segments, rings, heat shields, vane inserts, cover plates, springs, etc. The company was founded in 1962 and is headquartered in Coimbatore, India.

10,279.70 INR
As of 03/24/2023

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Industrials
Industry:  Specialty Industrial Machinery
Index country:  India
Country of incorporation:  India
IPO date:  07/01/2002
Stock exchange:    National Stock Exchange O
Exchange country:   India
Market cap:   94,210,572,288 INR
Current dividend yield:   0.47%
Sedol:      B1KMXJ2

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