Le Merite Export

{
  "main_header": {
    "sid": 1003645,
    "name": "Le Merite Export",
    "stock_name": "Le Merite Export",
    "full_name": "Le Merite Exports Ltd",
    "name_url": "stocks-analysis/le-merite-export",
    "exchange": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "31.01",
    "chg": -1.63,
    "chgp": "-4.99%",
    "dir": -1,
    "prev_price": "32.64",
    "mcapval": "388.15 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "LEMERITE",
    "ind_name": "Garments & Apparels",
    "ind_code": 32,
    "sector_id": 32,
    "indexname": "India SENSEX",
    "isin": "INE0G1L01025",
    "curr_date": "Jun 04, 03:46 PM",
    "curr_time": "16:04 PM",
    "last_traded_at": "Jun 04, 03:46 PM IST",
    "bse_nse_vol": 176768,
    "exc_status": "Active",
    "traded_date": "Jun 04, 2026",
    "traded_date_str": "2026 06 04",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/le-merite-export-1003645-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Le Merite Exports Ltd Locks at Lower Circuit With 4.99% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/le-merite-exports-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-4035777",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/LeMeriteExports_stocks_hitting_lower_circuit_4035777.png",
        "date": "2026-06-04 10:00:22",
        "description": "At Rs 31.01, Le Merite Exports Ltd locked at its lower circuit on 4 Jun 2026, marking a 4.99% decline within a 5% price band. Sellers were lined up to exit, but no buyers emerged to absorb the supply, resulting in a frozen price and unfilled sell orders."
      },
      {
        "title": "Le Merite Exports Ltd Locks at Lower Circuit With 4.98% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/le-merite-exports-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-4033566",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/LeMeriteExports_stocks_hitting_lower_circuit_4033566.png",
        "date": "2026-06-03 10:00:42",
        "description": "At Rs 32.64, sellers were still queuing — but there were no buyers willing to take the other side. Le Merite Exports Ltd locked at its lower circuit of 4.98% on 3 Jun 2026, with unfilled sell orders and a frozen price that capped losses for the day."
      },
      {
        "title": "Le Merite Exports Ltd Locks at Lower Circuit With 4.98% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/le-merite-exports-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-4030458",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/LeMeriteExports_stocks_hitting_lower_circuit_4030458.png",
        "date": "2026-06-02 10:00:36",
        "description": "At Rs 34.35, Le Merite Exports Ltd locked at its lower circuit on 2 Jun 2026, reflecting a 4.98% decline within a 5% price band. Sellers were lined up to exit, but no buyers emerged to absorb the supply, resulting in a frozen price and unfilled sell orders that highlight the stock's current liquidity challenges."
      },
      {
        "title": "Le Merite Exports Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/le-merite-exports-ltd-is-rated-strong-sell-4026195",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/LeMeriteExports_mojoScore_4026195.png",
        "date": "2026-06-01 10:10:19",
        "description": "Le Merite Exports Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 29 May 2026. However, the analysis and financial metrics presented here reflect the stock’s current position as of 01 June 2026, providing investors with the most up-to-date view of the company’s fundamentals, returns, and market performance."
      },
      {
        "title": "Le Merite Exports Ltd Locks at Lower Circuit With 4.99% Loss — Sellers Queue, No Buyers in Sight",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/le-merite-exports-ltd-plunges-to-lower-circuit-amid-heavy-selling-pressure-4026104",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/LeMeriteExports_stocks_hitting_lower_circuit_4026104.png",
        "date": "2026-06-01 10:00:33",
        "description": "At Rs 36.15, sellers were still queuing — but there were no buyers willing to take the other side. Le Merite Exports Ltd locked at its lower circuit of 4.99% on 1 Jun 2026, with unfilled sell orders and a frozen price."
      },
      {
        "title": "Le Merite Exports Ltd Valuation Shifts to Attractive Amid Steep Price Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/le-merite-exports-ltd-valuation-shifts-to-attractive-amid-steep-price-decline-4025502",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/LeMeriteExports_valuationdot_4025502.png",
        "date": "2026-06-01 08:07:17",
        "description": "Le Merite Exports Ltd has witnessed a dramatic shift in its valuation parameters, moving from a very expensive to an attractive price range, despite a precipitous drop in its share price. This recalibration in price-to-earnings and price-to-book value ratios offers a fresh perspective on the stock’s appeal within the Garments & Apparels sector, especially when contrasted with its peers and historical benchmarks."
      },
      {
        "title": "Are Le Merite Exports Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-le-merite-exports-ltd-latest-results-good-or-bad-4023973",
        "imagepath": "",
        "date": "2026-05-30 19:55:24",
        "description": "Le Merite Exports Ltd's latest financial results for Q4 FY26 indicate significant operational challenges. The company reported net sales of ₹75.31 crores, which reflects a marginal sequential growth of 2.48% from the previous quarter but a notable decline of 21.15% year-on-year. This decline raises concerns about the sustainability of revenue generation, particularly as the operating margin, excluding other income, turned negative at -0.11%, a stark contrast to the positive margin of 2.76% in the prior quarter.\n\nThe net profit for the quarter fell to ₹0.80 crores, down 62.26% from ₹2.12 crores in Q3 FY26. While there was a year-on-year increase of 220% compared to the exceptionally low profit of ₹0.25 crores in Q4 FY25, this figure is misleading due to the low base effect. The profit after tax (PAT) margin also compressed to 1.14%, down from 2.79% in the previous quarter, highlighting deteriorating profitab..."
      },
      {
        "title": "Le Merite Exports Q4 FY26: Mounting Losses and Operational Collapse Trigger 81% Stock Crash",
        "link": "https://www.marketsmojo.com/news/result-analysis/le-merite-exports-q4-fy26-mounting-losses-and-operational-collapse-trigger-81-stock-crash-4022207",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/LeMeriteExports_quaterlyResult_4022207.png",
        "date": "2026-05-29 19:38:09",
        "description": "Le Merite Exports Ltd., a micro-cap garment exporter, witnessed a catastrophic 81% single-day stock price collapse following the release of its Q4 FY26 results, which revealed a dramatic deterioration in operational performance. The company's consolidated net profit plunged 62.26% quarter-on-quarter to just ₹0.80 crores in Mar'26, whilst operating profit excluding other income turned negative at ₹-0.08 crores, marking a severe reversal from the ₹2.03 crores posted in the previous quarter."
      }
    ],
    "total": 65,
    "sid": "1003645",
    "stock_news_url": "https://www.marketsmojo.com/news/le-merite-exports-1003645"
  },
  "announcements": "",
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Le Merite Exports Ltd has declared <strong>2%</strong> dividend, ex-date: 23 Sep 24",
          "dt": "2024-09-23",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "",
      "data": [
        {
          "txt": "Le Merite Exports Ltd has announced <strong>2:10</strong> stock split, ex-date: 29 May 26",
          "dt": "2026-05-29",
          "middle_text": "Split"
        }
      ]
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Le Merite Exports Ltd Locks at Lower Circuit With 4.99% Loss — Sellers Queue, No Buyers in Sight

2026-06-04 10:00:22

At Rs 31.01, Le Merite Exports Ltd locked at its lower circuit on 4 Jun 2026, marking a 4.99% decline within a 5% price band. Sellers were lined up to exit, but no buyers emerged to absorb the supply, resulting in a frozen price and unfilled sell orders.

Read full news article

Le Merite Exports Ltd Locks at Lower Circuit With 4.98% Loss — Sellers Queue, No Buyers in Sight

2026-06-03 10:00:42

At Rs 32.64, sellers were still queuing — but there were no buyers willing to take the other side. Le Merite Exports Ltd locked at its lower circuit of 4.98% on 3 Jun 2026, with unfilled sell orders and a frozen price that capped losses for the day.

Read full news article

Le Merite Exports Ltd Locks at Lower Circuit With 4.98% Loss — Sellers Queue, No Buyers in Sight

2026-06-02 10:00:36

At Rs 34.35, Le Merite Exports Ltd locked at its lower circuit on 2 Jun 2026, reflecting a 4.98% decline within a 5% price band. Sellers were lined up to exit, but no buyers emerged to absorb the supply, resulting in a frozen price and unfilled sell orders that highlight the stock's current liquidity challenges.

Read full news article

Le Merite Exports Ltd is Rated Strong Sell

2026-06-01 10:10:19

Le Merite Exports Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 29 May 2026. However, the analysis and financial metrics presented here reflect the stock’s current position as of 01 June 2026, providing investors with the most up-to-date view of the company’s fundamentals, returns, and market performance.

Read full news article

Le Merite Exports Ltd Locks at Lower Circuit With 4.99% Loss — Sellers Queue, No Buyers in Sight

2026-06-01 10:00:33

At Rs 36.15, sellers were still queuing — but there were no buyers willing to take the other side. Le Merite Exports Ltd locked at its lower circuit of 4.99% on 1 Jun 2026, with unfilled sell orders and a frozen price.

Read full news article

Le Merite Exports Ltd Valuation Shifts to Attractive Amid Steep Price Decline

2026-06-01 08:07:17

Le Merite Exports Ltd has witnessed a dramatic shift in its valuation parameters, moving from a very expensive to an attractive price range, despite a precipitous drop in its share price. This recalibration in price-to-earnings and price-to-book value ratios offers a fresh perspective on the stock’s appeal within the Garments & Apparels sector, especially when contrasted with its peers and historical benchmarks.

Read full news article

Are Le Merite Exports Ltd latest results good or bad?

2026-05-30 19:55:24

Le Merite Exports Ltd's latest financial results for Q4 FY26 indicate significant operational challenges. The company reported net sales of ₹75.31 crores, which reflects a marginal sequential growth of 2.48% from the previous quarter but a notable decline of 21.15% year-on-year. This decline raises concerns about the sustainability of revenue generation, particularly as the operating margin, excluding other income, turned negative at -0.11%, a stark contrast to the positive margin of 2.76% in the prior quarter. The net profit for the quarter fell to ₹0.80 crores, down 62.26% from ₹2.12 crores in Q3 FY26. While there was a year-on-year increase of 220% compared to the exceptionally low profit of ₹0.25 crores in Q4 FY25, this figure is misleading due to the low base effect. The profit after tax (PAT) margin also compressed to 1.14%, down from 2.79% in the previous quarter, highlighting deteriorating profitab...

Read full news article

Le Merite Exports Q4 FY26: Mounting Losses and Operational Collapse Trigger 81% Stock Crash

2026-05-29 19:38:09

Le Merite Exports Ltd., a micro-cap garment exporter, witnessed a catastrophic 81% single-day stock price collapse following the release of its Q4 FY26 results, which revealed a dramatic deterioration in operational performance. The company's consolidated net profit plunged 62.26% quarter-on-quarter to just ₹0.80 crores in Mar'26, whilst operating profit excluding other income turned negative at ₹-0.08 crores, marking a severe reversal from the ₹2.03 crores posted in the previous quarter.

Read full news article

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