At 10:00 AM, Lloyds Engineering share price was trading 1.98 per cent higher at ₹63.20. In comparison, BSE Sensex was trading 0.37 per cent higher at 82,472.09 levels.
Lloyds Metals and Energy shares advanced 3.7 per cent on Wednesday, after the company emerged as a successful bidder for the Tandsi-III and Tandsi-III Extension coking coal mine
The company has has signed PPA for a captive solar project with HR Godavari (HR Godavari) for 16.05 MWp / 10.70 MWac, and a captive solar PPA with HR Godavari for 70 MWp / 50 MWac
AC sales in Q1FY26 could be adversely impacted as March and April sales were muted due to the delayed summer, and if demand doesn't pick up meaningfully in May and June.
Shares of Lloyds Metals and Energy rallied 9 per cent to Rs 1,461, hitting a new high on the BSE in Friday's intra-day trade on the back of over three-fold jump in trading volumes
Long-term steel demand buoyancy augurs well for the company and it is well-positioned to capitalise on the existing and emerging opportunities in the market, believes the management.
Rival Barclays also slashed thousands of jobs last year, with the majority falling in the bank's back office support unit, Reuters first reported in November
Inflation pressures in the UK economy showed only limited signs of abating in November, with companies expecting to raise prices by 5.7% in the coming 12 months
In the past one year, the market price of Lloyds Metals has zoomed 1,301 per cent - from level of Rs 13 to Rs 183.3 now - on improved operational performance