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Lloyds Engineering Works is currently trading at Rs. 42.45, up by 0.57 points or 1.36% from its previous closing of Rs. 41.88 on the BSE.

The scrip opened at Rs. 41.88 and has touched a high and low of Rs. 43.40 and Rs. 41.88 respectively. So far 99213 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 59.81 on 07-Aug-2023 and a 52 week low of Rs. 12.30 on 25-Nov-2022.

Last one week high and low of the scrip stood at Rs. 43.90 and Rs. 41.10 respectively. The current market cap of the company is Rs. 4579.84 crore.

The promoters holding in the company stood at 60.64%, while Institutions and Non-Institutions held 0.08% and 39.28% respectively.

Lloyds Engineering Works (LEWL) has signed Memorandum of Understanding (MoU) with The Material Works (TMW) for the transfer of cutting-edge and environmentally friendly technology, Eco Pickled Surface (EPS Gen 4), for pickling of all qualities of steel including stainless steel.

The MOU grants LEWL an exclusive right to design, manufacture and sell the EPS Gen 4 technology in India and Bangladesh, affirming LEWL's commitment to sustainable and technologically advanced manufacturing practices. The transfer of this technology to LEWL by TMW over three years will empower LEWL to localise the manufacturing process in India, supporting the 'Make in India' initiative and fostering growth within the domestic market.

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.