Archive for the ‘cncmachines’ Category

Lokesh Machines gallops as promoter revokes pledged shares

Tuesday, December 1st, 2009

Lokesh Machines jumped 5.66% to Rs 44.80 at 13:57 IST on BSE, after the company said a promoter revoked a portion of shares which he had pledged earlier.

The company made this announcement during trading hours today, 30 November 2009.

Meanwhile, the BSE Sensex was up 283.97 points, or 1.68%, to 16,915.98.

On BSE, 1.04 lakh shares were traded in the counter as against an average daily volume of 97,363 shares in the past one quarter.

The stock hit a high of Rs 45.90 and a low of Rs 43.30 so far during the day.

The company’s equity capital is Rs 11.78 crore. Face value per share is Rs 10.

The current price of Rs 44.80 discounts the company’s Q2 September 2009 annualized EPS of Rs 3.43, by a PE multiple of 13.06.

Mullapudi Lokeswara Rao, a managing director and also a promoter of the company, has revoked 2.70 lakh shares representing 2.29% of the equity capital of the company out of 4.32 lakh shares representing 3.67% stake which he had pledged earlier.

Mullapudi Lokeswara Rao holds 6.42% of the equity capital of the company, whereas the total promoter shareholding in the company is 55.13% (as on 30 September 2009).

Lokesh Machines’ net profit declined 19.2% to Rs 1.01 crore on 6.1% fall in net sales to Rs 23.02 crore in Q2 September 2009 over Q2 September 2008.

The company is engaged in manufacturing and marketing CNC machines and special purpose machines. The company operates in two segments viz. machine division and components division. The plant is located at Bonthapally, Medak district in the state of Andhra Pradesh. The company operates only in India.

http://www.indiainfoline.com/Markets/News/News.aspx?NewsId=357289

New High-Performance, Compact Servomotors for Demanding Motion Control Applications

Tuesday, November 24th, 2009

Siemens introduces new flavors to the 1FT7 family, a line of high-performance servomotors for such demanding motion control applications as machine tool CNC interpolation, production machine web handling and more. Their use results in shorter machine cycles due to higher dynamic response, gained through a 30% shorter design and 4x overload capacity versus 3x on the predecessor family of servos. Less downtime results from the new rigid vibration-insulated encoder mounting. This design also enables the OEM or end-user to exchange the encoder in the field in less than five minutes, without encoder alignment. High-resolution encoders, currently up to 22-bit, enable these servos to become highly precise motion control system components.

Start-up and commissioning personnel will appreciate DRIVE-CLiQ, the Siemens electronic nameplate and digital encoder interface on this new servomotor. It simplifies start-up or replacement by not requiring manual parameterization of the axis, as the drive reads all that data from the electronic nameplate stored in the encoder system. With this feature, these motors become essentially plug-and-play devices. The drive automatically recognizes the motor and optimizes the parameterization accordingly. This digital encoder interface further allows users to standardize on one signal cable type for all the different feedbacks offered with the 1FT7 motors.

The new flavors added to the family are forced ventilated and water-cooled types, complementing the convection air-cooled 1FT7’s. In addition, a new high dynamic design is now available. This design features very low rotor inertia, thereby making these motors practical in applications where it was previously impossible to drive a servomotor. Such applications include sorters in the printing industry, which previously required mechanical cams, but can now utilize electronic cams for better energy efficiency and less wear.

With these new features, design engineers have a choice in selecting the optimum motor for their application within one single servo motor family – the Siemens 1FT7.

http://news.thomasnet.com/fullstory/569107