LG Balakrishnan & Bros Share Price
- Advice
- Hold
Start SIP in LG Balakrishnan & Bros
Start SIPLG Balakrishnan & Bros Performance
Day Range
- Low 1,300
- High 1,373
52 Week Range
- Low 964
- High 1,575
- Open Price1,367
- Previous Close1,367
- Volume44651
Lg Balakrishnan & Bros Investment Rating
-
Master Rating:
-
Lg Balakrisnan & (Nse) Bros. has an operating revenue of Rs. 2,378.72 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 16% is great, ROE of 16% is good. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 5% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -10% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 40 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 102 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 538 | 579 | 570 | 573 | 509 | 503 |
Operating Expenses Qtr Cr | 449 | 481 | 466 | 471 | 423 | 413 |
Operating Profit Qtr Cr | 89 | 98 | 104 | 102 | 86 | 90 |
Depreciation Qtr Cr | 20 | 20 | 18 | 17 | 17 | 19 |
Interest Qtr Cr | 2 | 3 | 2 | 2 | 2 | 2 |
Tax Qtr Cr | 22 | 25 | 24 | 25 | 19 | 28 |
Net Profit Qtr Cr | 67 | 67 | 72 | 76 | 55 | 57 |
LG Balakrishnan & Bros Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 2
- Bearish Moving Average
- ___
- 14
- 20 Day
- ₹1,374.88
- 50 Day
- ₹1,369.92
- 100 Day
- ₹1,345.68
- 200 Day
- ₹1,282.23
- 20 Day
- ₹1,379.91
- 50 Day
- ₹1,366.60
- 100 Day
- ₹1,346.55
- 200 Day
- ₹1,297.89
LG Balakrishnan & Bros Resistance and Support
Resistance | |
---|---|
First Resistance | 1,353.60 |
Second Resistance | 1,400.10 |
Third Resistance | 1,426.90 |
RSI | 38.64 |
MFI | 43.99 |
MACD Single Line | 2.66 |
MACD | -4.56 |
Support | |
---|---|
First Support | 1,280.30 |
Second Support | 1,253.50 |
Third Supoort | 1,207.00 |
LG Balakrishnan & Bros Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 26,912 | 1,767,311 | 65.67 |
Week | 48,539 | 2,972,028 | 61.23 |
1 Month | 55,181 | 3,000,751 | 54.38 |
6 Month | 62,032 | 2,638,230 | 42.53 |
LG Balakrishnan & Bros Result Highlights
LG Balakrishnan & Bros Synopsis
NSE-Machinery-Gen Industrial
Lg Balakrishnan&Bros is involved in the business activities of Manufacture of bearings, gears, gearing and driving elements. Company’s Total Operating Revenue is Rs. 2231.04 Cr. and Equity Capital is Rs. 31.39 Cr. for the Year ended 31/03/2024. LG Balakrishnan & Bros Ltd. is a Public Limited Listed company incorporated on 24/03/1956 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L29191TZ1956PLC000257 and registration number is 000257.Market Cap | 4,361 |
Sales | 2,260 |
Shares in Float | 2.10 |
No of funds | 105 |
Yield | 1.32 |
Book Value | 2.65 |
U/D Vol ratio | 1.7 |
LTDebt / Equity | 1 |
Alpha | 0.02 |
Beta | 0.87 |
LG Balakrishnan & Bros Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 33.76% | 33.74% | 33.74% | 33.74% |
Mutual Funds | 13.55% | 13.22% | 13.13% | 13.02% |
Foreign Portfolio Investors | 7.46% | 7.62% | 7.81% | 8.14% |
Financial Institutions/ Banks | ||||
Individual Investors | 37.73% | 37.88% | 37.85% | 37.84% |
Others | 7.5% | 7.54% | 7.47% | 7.26% |
LG Balakrishnan & Bros Management
Name | Designation |
---|---|
Mr. B Vijayakumar | Executive Chairman |
Mr. P Prabakaran | Managing Director |
Mr. Rajiv Parthasarathy | Executive Director |
Mr. S Sivakumar | Non Executive Director |
Mrs. Rajsri Vijayakumar | Non Executive Director |
Mr. P Shanmugasundaram | Independent Director |
Mr. V Govindarajulu | Independent Director |
Mr. R Vidhya Shankar | Independent Director |
Mrs. Kanchana Manavalan | Independent Director |
Mr. G D Rajkumar | Independent Director |
Dr. Vinay Balaji Naidu | Independent Director |
LG Balakrishnan & Bros Forecast
Price Estimates
LG Balakrishnan & Bros Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-10-28 | Audited Results | |
2024-09-23 | Others | Inter alia, to consider and approve the allotment of equity shares pursuant to the exercise of the rights of conversion attached to the warrants already allotted on preferential issue basis. alia, to consider the allotment of 5,00,000 (five lakhs) Warrants fully convertible into, or exchangeable for, 1 (one) fully paid-up Equity Share of the Company having face value of Rs. 10/-. |
2024-07-31 | Quarterly Results | |
2024-04-29 | Audited Results & Dividend | |
2024-03-13 | Others | Rs.0.00 alia, to consider the allotment of 5,00,000 (five lakhs) Warrants fully convertible into, or exchangeable for, 1 (one) fully paid-up Equity Share of the Company having face value of Rs. 10/-. |
LG Balakrishnan & Bros FAQs
What is Share Price of LG Balakrishnan & Bros ?
LG Balakrishnan & Bros share price is ₹1,307 As on 07 October, 2024 | 17:42
What is the Market Cap of LG Balakrishnan & Bros ?
The Market Cap of LG Balakrishnan & Bros is ₹4168.7 Cr As on 07 October, 2024 | 17:42
What is the P/E ratio of LG Balakrishnan & Bros ?
The P/E ratio of LG Balakrishnan & Bros is 14.8 As on 07 October, 2024 | 17:42
What is the PB ratio of LG Balakrishnan & Bros ?
The PB ratio of LG Balakrishnan & Bros is 2.5 As on 07 October, 2024 | 17:42