Support and Resistance Levels
Past performance
About Lokesh Machines Ltd Lokesh Machines Ltd, established in 1983 in India, specializes in manufacturing machine tools and auto components. The company's operations are divided into two main segments: the Machines division and the Components division. Lokesh Machines offers a diverse range of products, including horizontal and vertical machining centers and special-purpose machines for various industrial applications like milling, drilling, and boring. They also provide advanced transfer lines for manufacturing processes.
The company has a notable history of collaborations and contracts with major automotive players such as Bajaj Auto, Mahindra & Mahindra, and Honda Motors. Significant milestones include forming an Auto Component Division in 1994-95, establishing a CNC Division in 1997-98, and securing export orders from Europe. They have expanded their manufacturing capabilities over the years, notably setting up a facility to support Mahindra & Mahindra's cylinder block production. Lokesh Machines continues to enhance its product line, including the introduction of a new Connecting Rod Manufacturing line in 2015-16.