Lokesh Machines zooms 20% on getting initial license for making small arms
The Initial License (Form VIJ) for Manufacturing of Small Arms has been granted to Lokesh Machines, subject to payment of applicable fees.
Source: business-standard.com
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Lokesh Machines shares hit 20% upper circuit, touch new 52-week high; Here's why
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.
Source: livemint.com
Lokesh Machines locked in 20% upper circuit on licence to manufacture small arms
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.
Source: moneycontrol.com
Lokesh Machines shares close at fresh 52-week high; here's why
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.
Source: businesstoday.in