Veejay Lakshmi Engineering Works Limited Stock

Veejay Lakshmi Engineering Works Limited is an India-based company that manufactures textile machinery used in post-spinning operations and also has a textile unit producing yarn and knitted fabrics. The Company operates through two segments: Engineering Division and Textile Division. Its Engineering Division is engaged in producing two for one (TFO) twisters and assembly winders. Its Textile Division is engaged in producing yarn and fabrics. The Company offers its products under four categories, including Precision Propeller Winder, Random Assembly Winder and Rewinder, TFO Twister and Excello Automatic Cone Winder. The Random Assembly Winder is focused on minimal wear. The Excello is an automatic cone winder suitable for winding a range of yarn counts from 2s Number English (Ne) to 120s Ne. It processes cotton to jute yarn and vegetable fibers into synthetic/blends. The Company’s plants are located at Sengalipalayam, Athipalayam Road and Thekkampatti.