Lokesh Machines receives an order from Indian Army for guns

Lokesh Machines Ltd shares surged, hitting a 5% upper circuit at ₹29.65, up from ₹409.20. This bullish trend followed the company's announcement of an ₹42.6 million (₹4.26 crores) order from the Northern Command, Indian Army, for supplying 9x19 mm Machine Pistols (ASMI) with accessories.