Veejay Lakshmi Engineering Works Ltd

VLEW.IN

$0.57

Closing

▼-0.59%

1D

▲2.37%

YTD

Market cap

$2.93M

52 week high

$0.82

52 week low

$0.35

Volume

541

Check if the stock is halal

Unlock Industry-grade Shariah Compliance for global stocks. See results from 5 major Shariah standards: AAOIFI, S&P, DJIM, FTSE and MSCI.

We provide unparalleled value and service.
Screened by AAOIFI Certified Shariah Advisor & Auditor.

Get started from just $3.99/month

Market cap

$2.93M

Analysts' Rating

-

Price Target (Mean)

Unable to collect data for some field(s).

Total Analysts

0

P/E

Operating Margin

-4.58%

Beta

0.74

Revenue Growth (Annual)

-20.78%

52 week high

$0.82

52 week low

$0.35

Div. Yield

%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

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.