Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Veejay Lakshmi Engineering Works Limited manufactures and sells cotton yarn and knitted fabrics in India and internationally. It operates through two segments, Engineering and Textiles. The company offers textile machinery used in post-spinning operations, such as two-for-one twisters and random assembly winders, as well as related spare parts. It also operates windmills and rooftop solar panels. In addition, the company exports its products. Veejay Lakshmi Engineering Works Limited was incorporated in 1974 and is headquartered in Coimbatore, India.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks.