Lloyds Metals & Energy is currently trading at Rs. 17.20, up by 0.15 points or 0.88% from its previous closing of Rs. 17.05 on the BSE.
The scrip opened at Rs. 17.50 and has touched a high and low of Rs. 17.80 and Rs. 16.10 respectively. So far 74106 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 23.00 on 17-May-2017 and a 52 week low of Rs. 14.60 on 20-Mar-2017.
Last one week high and low of the scrip stood at Rs. 18.40 and Rs. 16.10 respectively. The current market cap of the company is Rs. 378.39 crore.
The promoters holding in the company stood at 62.99%, while the Non-Institutions held 37.01% stake in the company.
Lloyds Metals and Energy has signed Memorandum of Understanding (MoU) with Government of Maharashtra to facilitate investment in respect of the proposed Mineral based Steel Plant at Gadchiroli District, Maharashtra, with an investment of Rs 700 crore generating direct employment opportunity up to 800 persons in two phases spread over next 10 years, during the Magnetic Maharashtra Convergence - 2018.
Further, the government of Maharashtra will facilitate the company to obtain necessary permission/registrations/approvals/clearances/fiscal incentives etc. from the concerned department of the state, as per the existing policies/rules and regulations of the Government of Maharashtra.
Lloyds Metals and Energy is a coal based sponge iron producer. The company is engaged in the manufacturing of sponge Iron and steel, and generation/distribution of Power.
Company Name | CMP |
---|---|
Jindal Steel & Power | 925.95 |
Lloyds Metals&Energy | 1139.65 |
Jai Balaji Inds | 918.90 |
Steel Exchange India | 10.75 |
KIC Metalik | 42.80 |
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