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June 15, 2023
The Initial License (Form VIJ) for Manufacturing of Small Arms has been granted to Lokesh Machines, subject to payment of applicable fees.
June 15, 2023
Lokesh Machines share price surged 20% to a new 52-week high after the company announced it had received an initial licence to manufacture small arms.
June 15, 2023
The company in the quarter ended had posted 9 percent jump in its Q4FY23 net profit at Rs 2.96 crore against Rs 2.71 crore in March 2022.
June 15, 2023
Lokesh Machines stock ended 20% higher at Rs 185.85, a fresh 52-week high on BSE. The stock has gained 24.52% in three sessions.