Lloyds Engineering Works rises on inking MoU with EMCO
Lloyds Engineering Works is currently trading at Rs. 83.06, up by 0.21 points or 0.25% from its previous closing of Rs. 82.85 on the BSE.
The scrip opened at Rs. 83.80 and has touched a high and low of Rs. 85.41 and Rs. 82.16 respectively. So far 288286 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. 88.95 and Rs. 81.29 respectively. The current market cap of the company is Rs. 9653.52 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 entered into Memorandum of Understanding (MoU) with EMCO for acquisition of land for Industrial use. The land is measuring 25 Hectares 48 ares, (2,54,800 sq. mtrs) situated within the limits of Grampanchayat Chimnazari, Tehsil Nagpur.
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.
