LMW Ltd. News and Updates

Name: Latest research reports of LMW Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: LMW Ltd.
Rating: 1
Author: Karvy

Keep track of all breaking news on LMW Ltd. from all sources in a single place.

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LMW Ltd.

24 Jul 2018

15595.00

2.04%

Lakshmi Machine Works Ltd: Subdued Performance in TMD segmen...

Sell: LMW Ltd.

Karvy

Subdued Performance in TMD segment: LMW revenues decline by 8.6% YoY (12% below our expectations) due to the underperformance of Textile Machinery division by 20.6% YoY. EBITDA margin came in at 8.9% showing a decline of 122 bps YoY.

LMW Ltd. average weekly volume is high.

LMW Ltd.

23 Jul 2018

15595.00

2.04%

LMW net up 4% in June quarter

Business Line

Textile machinery manufacturing major Lakshmi Machine Works' net profit for the quarter ended June 2018 rose by 4 per cent to 49.68 crore compared wi

LMW Ltd. average weekly volume is high.

LMW Ltd.

08 Jun 2018

15595.00

2.04%

Lakshmi Machine Works Ltd: TMD Segment to Recover Gradually

Sell: LMW Ltd.

Recommendation Target

Karvy

TMD Segment to Recover Gradually: LMW revenue grew by 10.1% YoY on the back of good numbers from machinery and foundry division. The textile machine division degrew by 33% due to lower orders from textile players.

LMW Ltd. is trading above its 50 day SMA of 15190.2

LMW Ltd.

17 Nov 2017

15595.00

2.04%

Challenges aplenty for textile mills to keep pace with changes'

Business Line

Both the textile and textile engineering industries need comprehensive policies to grow, Sanjay Jayavarthanavelu, Chairman and Managing Director, Lakshmi Machine Works, has said. Delivering the...

LMW Ltd. is trading above its 50 day SMA of 15190.2

LMW Ltd.

01 Nov 2017

15595.00

2.04%

Lakshmi Machine Works Ltd: Healthy Performance in Q2FY18; St... (Nov 01, 2017)

Hold: LMW Ltd.

Target

Karvy

Healthy Performance in Q2FY18; Strong Prospects GoingForward : Lakshmi Machine Works has delivered a decent performance in H1FY18 with double digit growth in revenue, EBITDA and PAT. In H1FY18, the revenue/EBITDA/ PAT have grown respectively by 11.5% /38.7% /65.3% YoY.

LMW Ltd. is trading at high day volume of 11910.00000.

LMW Ltd.

29 Jun 2017

15595.00

2.04%

Nemish Shah's portfolio: big investment in Lakshmi Machine Works

Independent investor Nemish Shah has made his biggest investment till date into the Industrial Machinery company Lakshmi Machine Works, investing more than Rs. 439 crore. His previous largest investment has been in Asahi India Glass, in which he had put in Rs. 356.5 crore (Shah's full portfolio is here).

Lakshmi Machine Works delivered good results in its most recent quarter, with 22% YoY net profit growth and 3% YoY revenue growth. Looking at the TTM financials, it is set to cross its FY16 revenue and profit figures.

With the exception of Zodiac Clothing, all of Nemish Shah's portfolio investments are up. The best performer among his investments has been Super Spinning Mills, which saw its share price increase by over 90% in the last one year.

LMW Ltd. is trading at high day volume of 11910.00000.

LMW Ltd.

20 Feb 2017

15595.00

2.04%

Lakshmi Machine Works Ltd: Muted Q3FY17; Healthy Balance She... (Feb 20, 2017)

Hold: LMW Ltd.

Recommendation Target

Karvy

Muted Q3FY17; Healthy Balance Sheet Offers Strength to Grow:Lakshmi machine works has delivered a disappointing performance in Q3FY17 with double digit decline in revenue and EBITDA. The revenue/EBITDA/PAT have declined by 14.1%/28.4%/18.6% YoY. The company's EBITDA marginshave fallen by 191 bps YoY due to increase in operating expenditure.

LMW Ltd. is trading at high day volume of 11910.00000.

LMW Ltd.

31 Jan 2017

15595.00

2.04%

LMW products at IMTEX 2017

Business Line

Textile machinery manufacturing major Lakshmi Machine Works has showcased 10 machines at IMTEX 2017 in Bengaluru. The company President K Soundhar Rajhan said that the products were designed in...

LMW Ltd. is trading below its 100 day SMA of 15836.4

LMW Ltd.

30 Jan 2017

15595.00

2.04%

Lakshmi Machine Works showcases 10 machines at IMTEX

Business Line

Textile machinery manufacturing major Lakshmi Machine Works has showcased 10 machines at IMTEX 2017, now underway in Bengaluru. Company President K Soundhar Rajhan said the products on display...

LMW Ltd.'s price crossed above 30Day SMA today

LMW Ltd.

26 Nov 2016

15595.00

2.04%

Lakshmi Machine Works Ltd: Performance in Textile Machinery ... (Nov 26, 2016)

Buy: LMW Ltd.

Karvy

Performance in Textile Machinery Segment Led to YoY De-growth: Lakshmi machine works has de-grown in Q2FY17 with double digit decline in revenue numbers and absolute EBITDA numbers on YoY basis. The revenue/ EBITDA/ PAT have declined by 13.8%/28.7%/18.4% YoY. The companys EBITDAmargins have fallen by 185 bps YoY due to increase in operating expenditure. Revenue has taken a dip due to low performance of Textile Machinery departmentsegment which has degrown by 20.5%.

LMW Ltd. is trading at high day volume of 11910.00000.

Is Lakshmi Machine Works Ltd. worth buying?

167 Votes:

Buy 80.24%

Sell 11.38%

Hold 8.38%

High volume today

LMW Ltd. News and Updates

Keep track of all breaking news on LMW Ltd. from all sources in a single place.