Lokesh Machines Share Price Fall 3.11% Despite Winning ₹7.96 Crore Order from Kirloskar Oil Engines

Hyderabad, November 27: Lokesh Machines share price is witnessing negative investor demand today, despite announcing a new contract worth ₹7.96 crore. As of 2:20 PM, Lokesh Machines shares were down by 3.11%, or 5.01 points and were trading at ₹156.20. Until now, the shares have traded within a range of ₹168 and ₹154.32. The traded volume for the Lokesh Machines stock stood at 1.50 lakh shares, with the company’s market cap at ₹322 crore. The shares have their 52-week high at ₹397.65 and their 52-week low at ₹127.93.

Lokesh Machines Limited (NSE: LOKESHMACH, BSE: 532740) is a leading Indian company in the Capital Goods and Engineering sectors. It specialises in the design, development, and manufacture of advanced machine tools and high-precision auto components for domestic and global markets. The company was established in 1983 and is headquartered in Hyderabad, Telangana.

Shares Fall Despite Company Announcing ₹7.96 Crore Order From Kirloskar Oil Engines

The company announced today that it has secured a fresh order valued at ₹7.96 crore from Kirloskar Oil Engines Limited. The order is for a fish liner boring and deck face milling SPM machine. The execution is scheduled before June 2026. The company filed the order intimation on November 27 after the company received the order win news on November 26 at 2:16 PM IST.

Investor Takeaway

Lokesh Machines has announced that it has received a new ₹7.96 crore order. The order will contribute to the company’s revenue and potential profits in the coming quarters. It will also support the company to increase its market presence in the Capital Goods and Engineering sector. However, the stock is witnessing selling pressure despite the positive announcement. Investors will hope that the share price reflects the positive news in the coming days and performs better.

REF: https://nsearchives.nseindia.com/corporate/LOKESHMACH_27112025105022_Intimation.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations