NIFTY 22643.40 BANK 49424.05

Lakshmi Machine Works Ltd.
Share Price Target & Analysis

NSE:LAXMIMACH

16561.06

VWAP

16663.85

Open

16650.1

Close

16762.00

High

16439.80

Low

17794.15

52 Week High

16563.70 ⇩
-86.35 (-0.52%)

LAXMIMACH

(TEXTILES)
83.3% Momentum

Trending & Favourite

10430.10

52 Week Low

365.57

EPS

60.04

PE

7.69

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 16563.70, this results in a dividend yield of 0.59 %.

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 Apr 29, 2024 is 7.69.

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 16561.06.

Now, the main question is whether to BUY or SELL, NSE:LAXMIMACH at current valuation.
As per latest Analysis No. #1591:-

⇑ 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 (Apr 29, 2024)

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

Lakshmi Machine Works Ltd. share price moved Down by -0.52% from its previous close of Rs 16650.1. LAXMIMACH stock last traded price is 16563.70. LAXMIMACH share price trend is Down with a total of 3378 stocks traded till now. It has touched an intraday high of Rs 16762.00 and an intraday low of Rs 16439.80. The LAXMIMACH trading at 16563.70, Down by Rs. -86.35, or -0.52 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 -0.52%. LAXMIMACH share price short term trend is Down. It suggests that LAXMIMACH Share Price for Tomorrow remains the same with VWAP at 16561.06 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

 16563.70

LAXMIMACH Share Price Target Prediction for 2024 ^

 13568.8 - 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: @17233.6

LAXMIMACH Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 17010.4 BUY 17011.6 BUY
MA_12 16415.6 BUY 16435.5 BUY
MA_20 15597.8 BUY 16009.9 BUY
MA_32 15149.5 BUY 15466.2 BUY
MA_50 14827.2 BUY 15089.9 BUY
MA_100 14269.2 BUY 14585.8 BUY
MA_200 13983.6 BUY 13828.8 BUY

LAXMIMACH Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 15597.8 Uptrend
MACD 141.05 BUY
ADX 43.25 Strong Trend
DMI (+/-) 28.67 / 12.09 Uptrend

LAXMIMACH Momentum Oscillators

BUY (5) NEUTRAL (7) SELL (0)
Momentum Oscillators Value Action
RSI 75.55 Overbought
STOCHASTIC_K (Fast) 60.94 Neutral
STOCHASTIC_D (Slow) 36.99 Neutral
CCI 50.78 Neutral
PSAR 16009 BUY
TRUE RANGE 1155.85 Neutral
ATR 671.35 Neutral
WILLIAMS R -16.16 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 88.37 Overbought
STOCHASTIC RSI D 36.65 Neutral
MOMENTUM 3194.9 BUY

LAXMIMACH Last 1 Year Trend

Duration Value
1 Year 56.94%
3 Months 23.63%
1 Month 22.76%
1 Week 0.55%

LAXMIMACH Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 77%
NEUTRAL / HOLD 23%
SELL 0%

Most popular Questions & Answers about LAXMIMACH


Lakshmi Machine Works Ltd. stock last traded price is 16563.70. LAXMIMACH share price moved Down by -0.52% from its previous close of Rs 16650.1.

Lakshmi Machine Works Ltd. share price trend is Down with a total of 3378 stocks traded till now. It has touched an intraday high of Rs 17972.0915 and an intraday low of Rs 16439.80. The LAXMIMACH trading at 16563.70, Down by Rs. -86.35, or -0.52 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 16561.06.

The market cap of Lakshmi Machine Works Ltd. is ₹12018.2 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Lakshmi Machine Works Ltd. as of Apr 28, 2024 is 60.04.

The current price to book ratio for Lakshmi Machine Works Ltd. as of Apr 28, 2024 is 7.69.

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 ₹10430.10 in the last 52-week.

Lakshmi Machine Works Ltd. share trading at ₹16563.70, Down by Rs. -86.35, or -0.52 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 ₹13568.8 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 Apr 29, 2024 is 7.69.


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 16563.70 365.57 2152.95
INDIANCARD 277.70 13.79 403.68
Updated at: 29 Apr 2024 15:40

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