Lokesh Machines Ltd inks incubation agreement with RRCAT

Lokesh Machines Limited (hereinafter "the Company" or "LML") has entered into an Incubation Agreement with Raja Ramanna Centre for Advanced Technology (hereinafter "RRCAT"), Government of India, Department of Atomic Energy (DAE), Indore today on February 20, 2023.

The aforesaid Agreement is for incubation of Laser Additive Manufacturing System using powder-fed directed energy deposition.

RRCAT is a premier R&D organization under the Department of Atomic Energy, Government of India, working in the areas of development and applications of lasers, particle accelerators and related technologies.

Shares of Lokesh Machines Limited was last trading in BSE at Rs. 115.85 as compared to the previous close of Rs. 115.85. The total number of shares traded during the day was 10474 in over 252 trades.

The stock hit an intraday high of Rs. 123.70 and intraday low of 113.50. The net turnover during the day was Rs. 1212858.00.

Source : Equity Bulls

Keywords

LokeshMachines INE397H01017 IncubationAgreement RajaRamannaCentreforAdvancedTechnology DAE