About Lokesh Machines
- LOKESH MACHINES LIMITED WAS INCORPORATED ON 17 DEC 1983 AND STARTED COMMERCIAL OPERATIONS IN 1985 AT HYDERABAD.
- PRESENTLY LOKESH IS OPERATING FROM FIVE LOCATIONS IN HYDERABAD AND PUNE
- LOKESH IS A LEADER IN CAM & CRANK BORERS, FINE BORERS & FINISH MILLING MACHINES
- LOKESH RANKS AMONGST THE TOP FIVE MACHINE TOOL MANUFACTURERS IN THE COUNTRY
- THE LATEST ACHIEVEMENT IS SUPPLY OF COMPLETE RANGE OF SPECIAL PURPOSE MACHINES TO MACHINE EURO VI COMPLIANT ENGINE CYLINDER BLOCKS & HEADS MANUFACTURING LINE TO VOLVO EICHER COMMERCIAL VEHICLES LTD
Lokesh Machines Financials
The current financials are not so encouraging for and entry but we think that the last point mentioned, volvo deal, is the main reason for Ashish Kacholia entry into this stock. Currently the stock is about to touch Rs. 100, which makes Ashish Kacholia richer by another 5 crores for his initial investment of 5 crores in just 3 months time. Lets wait and see if more steam is left with Lokesh!!