Stock of this iron & steel company has zoomed over 1,300% in one year

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

Shares of Lloyds Metals & Energy hit the upper circuit for the fourth straight day, up 5 per cent at Rs 183.30 on the BSE in Tuesday’s trade. It has surged 24 per cent in past one week, compared to 3 per cent fall in the S&P BSE Sensex during this period. The stock of this iron & steel products company is currently trading at its highest level on the BSE.

The trading volumes have more than doubled, with 323,000 shares changing hands on the BSE till 11:30 am, as against an average of less than 150,000 shares that