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Lakshmi Machine Works Ltd.
Share Price Target & Analysis

NSE:LAXMIMACH

17185.92

VWAP

17249.40

Open

16700.6

Close

17424.90

High

17001.00

Low

17794.15

52 Week High

17121.90 ⇩
-87.70 (-0.51%)

LAXMIMACH

(TEXTILES)
90% Momentum

Trending & Favourite

11051.30

52 Week Low

365.57

EPS

61.65

PE

7.95

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: LAXMIMACH Share Price Financial Analysis & Valuation

Lakshmi Machine Works Ltd. (LAXMIMACH) is broadly categorized in TEXTILES segment industry which deals in Textiles - Machinery vertical. It is one of Mid Cap company with Market Capitalization of Rs 12018.2 (in Cr). Total number of free float shares are 1.1 (in Lacs). Lakshmi Machine Works Ltd. is listed on NSE with Exchange ID - INE269B01029 and trading code is NSE:LAXMIMACH with short name Lakshmi Machine.

In the past 1 year, Lakshmi Machine Works Ltd. has declared an equity dividend of Rs 98.5 per share. At the current share price of LAXMIMACH at Rs 17121.90, this results in a dividend yield of 0.58 %.

As per the Fundamental Analysis of NSE:LAXMIMACH, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine LAXMIMACH underlying value and future prospects. All of this data is available in LAXMIMACH financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:LAXMIMACH, it is clearly understood that LAXMIMACH is Economical performer in terms of earnings and profit margins with an EPS of 365.57. NSE:LAXMIMACH book value per share as of today is 2152.95. The current price to book ratio for LAXMIMACH as of May 18, 2024 is 7.95.

Valuation of the Stock: The current valuation of LAXMIMACH stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of LAXMIMACH whether to BUY this stock at current valuation. The delivery percentage of LAXMIMACH is 50.28% is very crucial parameter which shows that 50.28% investors are anticipating that the price of LAXMIMACH share should go up with VWAP at 17185.92.

Now, the main question is whether to BUY or SELL, NSE:LAXMIMACH at current valuation.
As per latest Analysis No. #1679:-

⇑ STRONG BUY LAXMIMACH if All Greens

⇗ BUY LAXMIMACH (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD LAXMIMACH (With Stop Loss) if only 1 Green

⇘ SELL LAXMIMACH if NO Green Indicator

NSE: LAXMIMACH Share Price Today (May 18, 2024)

(Lakshmi Machine Works Ltd. Daily Analysis on the basis of LAXMIMACH Intraday Graph & Trend)

Lakshmi Machine Works Ltd. share price moved Down by -0.51% from its previous close of Rs 16700.6. LAXMIMACH stock last traded price is 17121.90. LAXMIMACH share price trend is Down with a total of 405 stocks traded till now. It has touched an intraday high of Rs 17424.90 and an intraday low of Rs 17001.00. The LAXMIMACH trading at 17121.90, Down by Rs. -87.70, or -0.51 percent which suggests that most of the Traders are anticipating that the price of LAXMIMACH share should go Down.

NSE: LAXMIMACH Share Price Tomorrow Prediction

(Lakshmi Machine Works Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of LAXMIMACH)

Lakshmi Machine Works Ltd. share price moved Down by -0.51%. LAXMIMACH share price short term trend is Down. It suggests that LAXMIMACH Share Price for Tomorrow remains the same with VWAP at 17185.92 will be treated as stop loss for intraday traders. Lakshmi Machine Works Ltd. Long term investors can follow the LAXMIMACH long term trend as mentiond in future forecast table.

NSE Code

NSE: LAXMIMACH

LAXMIMACH Share Price Today

 17121.90

LAXMIMACH Share Price Target Prediction for 2024 ^

 13863.7 - 17882.2

LAXMIMACH Share Price Target Prediction for 2025*^

 17882.2 - 19050.4

LAXMIMACH Share Price Target Prediction for 2026*^

 19050.4 - 20383.9

LAXMIMACH Share Price Target Prediction for 2027*^

 21403

LAXMIMACH Share Price Target Prediction for 2028*^

 22015

LAXMIMACH Share Price Target Prediction for 2030*^

 23996
LAXMIMACH Current Book Value 2023
2142.2

*Lakshmi Machine Works Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^LAXMIMACH share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

LAXMIMACH Technical Analysis

Candlestick Pattern: @16598.6

LAXMIMACH Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 16424 BUY 16500.7 BUY
MA_12 16619.8 SELL 16572 BUY
MA_20 16710.2 SELL 16536.3 BUY
MA_32 16531.6 BUY 16288.2 BUY
MA_50 15810.7 BUY 15961.2 BUY
MA_100 14986.7 BUY 15347.1 BUY
MA_200 14303.6 BUY 14356.5 BUY

LAXMIMACH Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 16710.2 Downtrend
MACD -111.98 SELL
ADX 21.18 NO or Weak Trend
DMI (+/-) 21.24 / 16.46 Uptrend

LAXMIMACH Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 53.82 Neutral
STOCHASTIC_K (Fast) 59.29 Neutral
STOCHASTIC_D (Slow) 35.51 Neutral
CCI -12.57 Neutral
PSAR 16915.7 SELL
TRUE RANGE 282 SELL
ATR 461.22 SELL
WILLIAMS R -61.99 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 46.89 Neutral
MOMENTUM -394.3 SELL

LAXMIMACH Last 1 Year Trend

Duration Value
1 Year 46.64%
3 Months 17.78%
1 Month -2.32%
1 Week -0.66%

LAXMIMACH Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 47%
NEUTRAL / HOLD 27%
SELL 27%

Most popular Questions & Answers about LAXMIMACH


Lakshmi Machine Works Ltd. stock last traded price is 17121.90. LAXMIMACH share price moved Down by -0.51% from its previous close of Rs 16700.6.

Lakshmi Machine Works Ltd. share price trend is Down with a total of 405 stocks traded till now. It has touched an intraday high of Rs 17972.0915 and an intraday low of Rs 17001.00. The LAXMIMACH trading at 17121.90, Down by Rs. -87.70, or -0.51 percent which suggests that most of the Traders are anticipating that the price of LAXMIMACH share should go Down and the Stop Loss will be around 17185.92.

The market cap of Lakshmi Machine Works Ltd. is ₹12018.2 (in Cr) as of May 17, 2024.

The current price to earning ratio for Lakshmi Machine Works Ltd. as of May 17, 2024 is 61.65.

The current price to book ratio for Lakshmi Machine Works Ltd. as of May 17, 2024 is 7.95.

The highest price of Lakshmi Machine Works Ltd. stock is ₹17794.15 in the last 52-week.

The lowest price of Lakshmi Machine Works Ltd. stock is ₹11051.30 in the last 52-week.

Lakshmi Machine Works Ltd. share trading at ₹17121.90, Down by Rs. -87.70, or -0.51 percent which suggests that most of the traders are anticipating that the price of LAXMIMACH share should go Down.

In 2023, Stock price target for Lakshmi Machine Works Ltd. (LAXMIMACH) are ₹13863.7 on downside and ₹17882.2 on upside. Lakshmi Machine Works Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Lakshmi Machine Works Ltd. (LAXMIMACH) are ₹17882.2 on downside and ₹19050.4 on upside. Lakshmi Machine Works Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Lakshmi Machine Works Ltd. (LAXMIMACH) are ₹19050.4 on downside and ₹20383.9 on upside. Lakshmi Machine Works Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Lakshmi Machine Works Ltd. (LAXMIMACH) will be around ₹22015 Lakshmi Machine Works Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of LAXMIMACH.

As per the fundamental analysis of Lakshmi Machine Works Ltd. (LAXMIMACH), it is of Economical quality in terms of earnings and profit margins with an EPS of 365.57. Lakshmi Machine Works Ltd. book value per share as of today is 2152.95. The current price to book ratio for LAXMIMACH as of May 18, 2024 is 7.95.


NSE:LAXMIMACH News & Other Useful Information about LAXMIMACH Share Price


Peer Comparison of NSE: LAXMIMACH

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - Machinery

Company Price EPS BV
LAXMIMACH 17121.90 365.57 2152.95
INDIANCARD 281.60 13.79 403.68
Updated at: 17 May 2024 15:54

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