Le Merite Exports Ltd (LEMERITE) is currently trading at 19.18 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Le Merite Exports Limited is a major player in the textile industry, specializing in cotton yarn and greige fabric manufacturing for both domestic and export markets. The company is undergoing significant transformation by entering the defence textiles sector, leveraging advanced DRDO technologies for antimicrobial and anti-bed bug products. A new manufacturing unit is focused on enhancing revenue from innovative defence textiles, aiming for INR 100 crores by FY26. Le Merite's strategic initiatives include capitalizing on high-growth sectors such as technical textiles, positioning itself for stronger performance amidst diversifying opportunities. The company maintains a global export presence, shipping to over 37 countries, demonstrating its extensive reach and reputation as a trusted textile provider.

Over the past 52 weeks, Le Merite Exports Ltd has traded between a low of ₹19.06 and a high of ₹107.57. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Le Merite Exports Ltd has a market capitalization of approximately 251.09. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Le Merite Exports Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 93.34 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 251.09 Cr, Le Merite Exports Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Le Merite Exports Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Le Merite Exports Ltd is 93.34. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.