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LMW Limited Announces Sale of Stake in Super Sales India

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LMW Limited Announces Sale of Stake in Super Sales India

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LMW Limited ( (IN:LMW) ) just unveiled an announcement.

LMW Limited’s Board of Directors has approved the sale of 300,000 equity shares, representing 9.77% of its paid-up share capital, in Super Sales India Limited. This strategic move may impact the company’s financial position and influence its market strategy, potentially affecting stakeholders’ interests.

More about LMW Limited

LMW Limited, formerly known as Lakshmi Machine Works Limited, operates in the machinery manufacturing industry. The company is based in Coimbatore, India, and is known for its production of textile machinery, machine tools, and foundry products, focusing on both domestic and international markets.

Average Trading Volume: 239

Technical Sentiment Signal: Buy

Current Market Cap: 164.1B INR

For detailed information about LMW stock, go to TipRanks’ Stock Analysis page.

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