About this document

Equity Research Report Lokesh Machines by somani.prashant is a document available to read on EtoBox.

Lokesh Machines Limited, a manufacturer of CNC machine tools and auto components, has been severely impacted by US OFAC sanctions since October 2024, halting all foreign currency transactions and leading to a significant decline in revenue and profit. The company has a market cap of approximately Rs.410 Cr and is facing a deteriorating financial situation with rising debt and a negative credit rating. Despite its strong position in the Indian machine tool market, the sanctions have critically impaired its o

Author

somani.prashant

Language

EN