Veejay Lakshmi Engineering Works reports consolidated net loss of Rs 6.02 crore in the September 2022 quarter

Veejay Lakshmi Engineering Works reports consolidated net loss of Rs 3.27 crore in the June 2022 quarter

The company first suspended manufacturing activities at both of its Engineering and Textile Divisions from May 10, 2021, in view of the second wave of Covid-19 pandemic, as per the directive from the Tamil Nadu Government.

Veejay Lakshmi Engineering Works extends suspension of manufacturing activities to June 27

Veejay Lakshmi Engineering Works reports consolidated net profit of Rs 0.35 crore in the December 2020 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Veejay Lakshmi Engineering Works is engaged in the manufacturing of cotton yarn and knitted fabric