Lloyds Engineering Works declines despite reporting 24% rise in Q3 net profit
Lloyds Engineering Works is currently trading at Rs. 67.32, down by 3.36 points or 4.75 % from its previous closing of Rs. 70.68 on the BSE.
The scrip opened at Rs. 72.47 and has touched a high and low of Rs. 72.47 and Rs. 67.09 respectively. So far 256798 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 93.49 on 30-Jul-2024 and a 52 week low of Rs. 42.20 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 75.85 and Rs. 66.65 respectively. The current market cap of the company is Rs. 7873.02 crore.
The promoters holding in the company stood at 56.39%, while Institutions and Non-Institutions held 3.03% and 40.58% respectively.
Lloyds Engineering Works has reported 24.37% rise in net profit at Rs 33.68 crore for third quarter ended December 31, 2024 (Q3FY25) as compared to Rs 27.08 crore for the same quarter in the previous year. Total income of the company increased by 18.11% at Rs 239.30 crore for Q3FY25 as compared to Rs 202.61 crore for the corresponding quarter previous year.
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.
