Lakshmi Machine Works suspended operations of Textile Machinery Division ('TMD'') and Machine Tools Division (MTD') from Monday onward until further notice.
The company said that given continuing COVID - 19 pandemic and in line with the Directives issued by the Governmental authorities, the Company has been taking necessary measures to ensure the safety and health of all its stakeholders including employees.
At around 2.02 pm, Lakshmi Machine was trading at Rs6762.50 per piece down by Rs29.35 or 0.43% on Sensex. The stock has touched an intraday low of Rs6750 per piece.