Lloyds Engineering Works is currently trading at Rs. 59.10, up by 4.75 points or 8.74% from its previous closing of Rs. 54.35 on the BSE.
The scrip opened at Rs. 55.08 and has touched a high and low of Rs. 62.50 and Rs. 55.08 respectively. So far 2284696 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 62.50 on 21-Feb-2024 and a 52 week low of Rs. 18.21 on 24-Apr-2023.
Last one week high and low of the scrip stood at Rs. 62.50 and Rs. 52.99 respectively. The current market cap of the company is Rs. 6701.81 crore.
The promoters holding in the company stood at 57.25%, while Institutions and Non-Institutions held 1.53% and 41.22% respectively.
Lloyds Engineering Works has secured orders for naval equipment, marking an important milestone in the company's growth trajectory. The orders, valued at over Rs 81 crore, encompass Ship steering gears System and Ship stabiliser systems, and are slated for execution over the course of three years.
These orders, in respect to new ships being built, signify the company's proactive stance in capturing the increasing demand resulting from the government's heightened defence spending.
As new ship orders continue to rise, the orders received by Lloyds Engineering serve as a promising beginning in leveraging the opportunities presented by this trend. These orders underscore Lloyds Engineering's unwavering commitment to innovation and excellence in the defence sector. They not only signify a substantial revenue boost but also represent the company's strategic shift towards emerging sectors, aligning perfectly with its vision for the future.
Lloyds Engineering Works (formerly known as Lloyds Steels Industries) is a designer and Manufacturer of Heavy Equipment, Machinery and Systems for Hydro Carbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers and Turnkey Projects.
| Company Name | CMP |
|---|---|
| BHEL | 235.45 |
| Bharat Electronics | 292.15 |
| Thermax | 4383.45 |
| Kirloskar Oil Eng | 1032.40 |
| GMM Pfaudler | 1188.10 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
