Machine tools Industry .Company is a major
producer of CNC machines for Automobile
industry.Lokesh came out with an IPO @ Rs.140
in 2006 . Company performed well till the beginning
of bad times in automobile industry. After a long time,
new capex plans by auto majors are expected to bring
good business for the company in near future. Signs of a
revival in financials are visible in last qtr of the
previous financial year itself. Company posted a
turnover of Rs.96 Cr and a net profit of Rs.4 Cr
in last year . Currently it is trading around Rs 49.5.
Risk takers can BUY for medium term
