Lokesh Machines Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

Lokesh Machines has received an order worth of Rs. 7,96,50,000/- (inclusive of GST) from Kirloskar Oil Engines, for supply of fish liner boring & deck face milling SPM Machine.

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The key equity barometers traded with minor gains in the early afternoon trade, supported by growing expectations of an interest rate cut by RBI in its December meeting. Traders now await the Q2 GDP data, due for release on 28 November 2025. The Nifty traded above the 26,200 mark.

PSU bank shares fell after advancing in the past two trading sessions.

At 12:25 IST, the barometer index, the S&P BSE Sensex jumped 145.72 points or 0.17% to 85,755.23. The Nifty 50 index surged 18.95 points or 0.08% to 26,224.85.

The Nifty 50 and the Sensex hit fresh all-time highs in morning trade at 26,306.95 and 86,026.18, respectively, while the Bank Nifty also scaled a new record high of 59,804.65.

In the broader market, the S&P BSE Mid-Cap index shed 0.21% and the S&P BSE Small-Cap index fell 0.28%.

The market breadth was almost even. On the BSE,1,960 shares rose and 1,950 shares fell. A total of 219 shares were unchanged.

Derivatives:

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 1.37% to 12.13. The Nifty 30 December 2025 futures were trading at 26,403.10, at a premium of 178.25 points as compared with the spot at 26,224.85.

The Nifty option chain for the 30 December 2025 expiry showed a maximum call OI of 62.4 lakh contracts at the 26,000 strike price. Maximum put OI of 77 lakh contracts was seen at 26,000 strike price.

Buzzing Index:

The Nifty PSU Bank index declined 0.92% to 8,473.05. The index rose 2.23% in the past two consecutive trading sessions.

Indian Bank (down 3.06%), Bank of India (down 1.83%), Union Bank of India (down 1.35%), Indian Overseas Bank (down 1.04%), State Bank of India (down 0.9%), Punjab & Sind Bank (down 0.76%), Punjab National Bank (down 0.64%), UCO Bank (down 0.61%), Bank of Baroda (down 0.57%) and Bank of Maharashtra (down 0.57%) declined.

Stocks in Spotlight:

Lokesh Machines fell 1.96% after the company announced that it received an order worth Rs 7.96 crore from Kirloskar Oil Engines.

Glenmark Pharmaceuticals rose 0.68%. The U.S. FDA issued a positive establishment inspection report (EIR) with voluntary action indicated (VAI) status for the company's formulations manufacturing facility in Monroe, North Carolina.

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The contract is for the supply of a fish liner boring and deck face milling SPM machine. The supply is scheduled to be completed before the end of June 2026.

Lokesh Machines confirmed that the order is domestic in nature and does not fall under related-party transactions.

Lokesh Machines is engaged in the business of manufacture of special purpose machines (SPM), general purpose machines/CNC lathes (GPM), connecting rods and machining of cylinder blocks and heads.

On a standalone basis, Lokesh Machines' net profit declined 81.74% to Rs 0.63 crore while net sales declined 33.05% to Rs 50.43 crore in Q2 September 2025 over Q2 September 2024.

Earlier this month, Acuite Ratings & Research downgraded the company's credit ratings on both long-term and short-term bank facilities.

Acuite cut its long-term rating to ACUITE BBB- / Stable from ACUITE BBB and its short-term rating to ACUITE A3 from ACUITE A3+ on Rs 208.42 crore bank facilities. The ratings were also removed from Under Watch with Negative Implications. The downgrade was communicated to the company on 19 November 2025.

Acuite cited a sharp deterioration in operating performance since Q3 FY25 following Lokesh Machines? inclusion in the U.S. Office of Foreign Assets Control (OFAC) sanctions list. The sanction disrupted electronic component supplies from a key vendor, hurting production and revenue. The agency noted that operating performance remained weak in H1 FY26 and is likely to stay subdued until the sanctions issue is resolved.

The rating agency also flagged the company?s working-capital-intensive operations, marked by high inventory levels and long execution cycles, along with intense competition in the machine tools industry.

Acuite, however, acknowledged Lokesh Machines? long operating history, established customer relationships and a healthy financial risk profile.

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In an exchange filing, the company said Acuite cut its long-term rating to ACUITE BBB- / Stable from ACUITE BBB and its short-term rating to ACUITE A3 from ACUITE A3+ on Rs 208.42 crore bank facilities. The ratings were also removed from Under Watch with Negative Implications. The downgrade was communicated to the company on 19 November 2025.

Acuite cited a sharp deterioration in operating performance since Q3 FY25 following Lokesh Machines? inclusion in the U.S. Office of Foreign Assets Control (OFAC) sanctions list. The sanction disrupted electronic component supplies from a key vendor, hurting production and revenue. The agency noted that operating performance remained weak in H1 FY26 and is likely to stay subdued until the sanctions issue is resolved.

The rating agency also flagged the company?s working-capital-intensive operations, marked by high inventory levels and long execution cycles, along with intense competition in the machine tools industry.

Acuite, however, acknowledged Lokesh Machines? long operating history, established customer relationships and a healthy financial risk profile.

Net profit of Lokesh Machines declined 81.74% to Rs 0.63 crore while net sales declined 33.05% to Rs 50.43 crore in Q2 September 2025 over Q2 September 2024.

Lokesh Machines, incorporated in 1983, manufactures CNC machines, special-purpose machines, and precision engineering components across six facilities in Hyderabad and Pune.

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